SG Americas Securities LLC Has $294,000 Stock Holdings in Yext, Inc. (NYSE:YEXT)

SG Americas Securities LLC lifted its position in Yext, Inc. (NYSE:YEXT) by 38.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,183 shares of the company’s stock after buying an additional 12,841 shares during the quarter. SG Americas Securities LLC’s holdings in Yext were worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB bought a new position in Yext in the 3rd quarter worth approximately $38,000. Quantinno Capital Management LP bought a new position in Yext during the third quarter worth $76,000. Balboa Wealth Partners bought a new position in Yext during the third quarter worth $114,000. Intech Investment Management LLC acquired a new position in Yext during the 3rd quarter valued at $145,000. Finally, Harbor Capital Advisors Inc. boosted its holdings in Yext by 18.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 22,002 shares of the company’s stock valued at $152,000 after purchasing an additional 3,384 shares during the period. 70.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

YEXT has been the topic of a number of research reports. Needham & Company LLC restated a “buy” rating and set a $10.00 price objective on shares of Yext in a research report on Thursday, January 16th. Roth Mkm reiterated a “buy” rating and set a $10.50 price target (up previously from $7.50) on shares of Yext in a research note on Tuesday, December 10th. Finally, DA Davidson increased their price objective on shares of Yext from $5.75 to $7.50 and gave the company a “neutral” rating in a research note on Tuesday, December 10th.

Yext Stock Down 1.5 %

Yext stock opened at $6.63 on Thursday. The stock has a market cap of $845.74 million, a price-to-earnings ratio of -44.18 and a beta of 1.26. Yext, Inc. has a 12-month low of $4.29 and a 12-month high of $8.75. The business’s 50-day simple moving average is $6.81 and its 200 day simple moving average is $6.55.

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.