Yext $YEXT Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lessened its holdings in shares of Yext (NYSE:YEXT - Free Report) by 38.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,891 shares of the company's stock after selling 35,829 shares during the period. Russell Investments Group Ltd.'s holdings in Yext were worth $350,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of YEXT. New Age Alpha Advisors LLC acquired a new stake in shares of Yext during the first quarter valued at $43,000. Optas LLC acquired a new stake in shares of Yext during the first quarter valued at $71,000. Entropy Technologies LP boosted its stake in shares of Yext by 24.3% during the first quarter. Entropy Technologies LP now owns 16,898 shares of the company's stock valued at $104,000 after acquiring an additional 3,298 shares during the last quarter. Quantinno Capital Management LP lifted its position in Yext by 71.1% during the fourth quarter. Quantinno Capital Management LP now owns 18,676 shares of the company's stock worth $119,000 after buying an additional 7,758 shares during the period. Finally, Ameriprise Financial Inc. purchased a new position in Yext during the fourth quarter worth about $119,000. Institutional investors and hedge funds own 70.98% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on YEXT. B. Riley upgraded Yext from a "neutral" rating to a "buy" rating and increased their target price for the stock from $7.00 to $10.00 in a research report on Wednesday, June 4th. DA Davidson increased their target price on Yext from $7.50 to $8.25 and gave the stock a "neutral" rating in a research report on Thursday, June 5th. Wall Street Zen downgraded Yext from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 30th. Zacks Research downgraded Yext from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 21st. Finally, Needham & Company LLC reiterated a "buy" rating and set a $10.00 target price on shares of Yext in a research report on Monday, August 18th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Yext has an average rating of "Moderate Buy" and a consensus target price of $9.44.

Yext Stock Performance

YEXT traded down $0.10 on Thursday, reaching $9.06. 838,601 shares of the company's stock were exchanged, compared to its average volume of 858,774. The company has a market cap of $1.11 billion, a price-to-earnings ratio of -50.34 and a beta of 1.01. Yext has a twelve month low of $5.25 and a twelve month high of $9.20. The company's 50 day moving average is $8.39 and its 200-day moving average is $7.31.

About Yext

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.