JPMorgan Chase & Co. Has $3.57 Million Stock Holdings in Yext, Inc. (NYSE:YEXT)

JPMorgan Chase & Co. increased its holdings in shares of Yext, Inc. (NYSE:YEXT) by 224.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 515,221 shares of the company’s stock after buying an additional 356,324 shares during the quarter. JPMorgan Chase & Co. owned 0.40% of Yext worth $3,565,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new position in Yext during the third quarter valued at approximately $38,000. Barclays PLC boosted its stake in shares of Yext by 137.3% during the 3rd quarter. Barclays PLC now owns 238,361 shares of the company’s stock valued at $1,650,000 after buying an additional 137,921 shares during the period. Geode Capital Management LLC grew its holdings in shares of Yext by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,384,867 shares of the company’s stock valued at $16,507,000 after acquiring an additional 38,305 shares in the last quarter. Zacks Investment Management increased its stake in shares of Yext by 370.2% in the third quarter. Zacks Investment Management now owns 378,415 shares of the company’s stock worth $2,619,000 after acquiring an additional 297,938 shares during the last quarter. Finally, Tenzing Global Management LLC raised its holdings in shares of Yext by 133.3% during the third quarter. Tenzing Global Management LLC now owns 2,100,000 shares of the company’s stock worth $14,532,000 after acquiring an additional 1,200,000 shares in the last quarter. 70.98% of the stock is owned by institutional investors and hedge funds.

Yext Stock Down 2.4 %

NYSE:YEXT opened at $6.33 on Friday. The company’s 50 day moving average is $7.20 and its 200-day moving average is $6.43. Yext, Inc. has a 12 month low of $4.29 and a 12 month high of $8.75. The firm has a market cap of $807.20 million, a price-to-earnings ratio of -42.17 and a beta of 1.26.

Analyst Upgrades and Downgrades

A number of research analysts have commented on YEXT shares. Roth Mkm restated a “buy” rating and issued a $10.50 target price (up previously from $7.50) on shares of Yext in a research note on Tuesday, December 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 price objective on shares of Yext in a research report on Thursday. Finally, DA Davidson increased their price target on shares of Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th.

Yext Company Profile

Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.