Mirae Asset Global Investments Co. Ltd. Sells 14,231 Shares of Yext, Inc. (NYSE:YEXT)

Mirae Asset Global Investments Co. Ltd. lessened its holdings in Yext, Inc. (NYSE:YEXT) by 45.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,763 shares of the company’s stock after selling 14,231 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Yext were worth $106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of YEXT. Potrero Capital Research LLC boosted its stake in shares of Yext by 36.0% during the third quarter. Potrero Capital Research LLC now owns 3,404,537 shares of the company’s stock valued at $23,559,000 after purchasing an additional 900,975 shares during the period. Geode Capital Management LLC boosted its position in Yext by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,384,867 shares of the company’s stock valued at $16,507,000 after buying an additional 38,305 shares during the period. Tenzing Global Management LLC grew its stake in Yext by 133.3% in the 3rd 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. Charles Schwab Investment Management Inc. grew its stake in Yext by 4.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,192,819 shares of the company’s stock worth $8,254,000 after acquiring an additional 47,983 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Yext by 21.0% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,171,051 shares of the company’s stock worth $8,104,000 after acquiring an additional 203,179 shares during the period. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

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

Yext Stock Down 2.1 %

Yext stock opened at $6.67 on Friday. Yext, Inc. has a twelve month low of $4.29 and a twelve month high of $8.75. The business has a fifty day moving average of $6.56 and a two-hundred day moving average of $6.60. The firm has a market cap of $851.74 million, a P/E ratio of -44.49 and a beta of 1.26.

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.