State of Wyoming Has $232,000 Stake in Yext, Inc. (NYSE:YEXT)

State of Wyoming lessened its holdings in Yext, Inc. (NYSE:YEXT - Free Report) by 62.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,500 shares of the company's stock after selling 61,472 shares during the quarter. State of Wyoming's holdings in Yext were worth $232,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. KBC Group NV purchased a new position in Yext in the 4th quarter worth approximately $47,000. O Shaughnessy Asset Management LLC bought a new position in shares of Yext in the 4th quarter valued at about $64,000. EntryPoint Capital LLC purchased a new stake in Yext in the 4th quarter worth about $67,000. Virtu Financial LLC purchased a new stake in shares of Yext in the fourth quarter valued at approximately $67,000. Finally, Martingale Asset Management L P purchased a new position in Yext during the fourth quarter valued at approximately $78,000. Institutional investors own 70.98% of the company's stock.

Yext Stock Performance

NYSE:YEXT traded down $0.04 during mid-day trading on Thursday, hitting $6.65. 99,988 shares of the company's stock traded hands, compared to its average volume of 883,781. The company has a market cap of $827.91 million, a PE ratio of -44.30 and a beta of 1.07. Yext, Inc. has a 1 year low of $4.29 and a 1 year high of $8.75. The firm's 50 day simple moving average is $6.37 and its 200 day simple moving average is $6.69.

Yext (NYSE:YEXT - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The company reported ($0.06) earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.20). Yext had a negative net margin of 4.64% and a negative return on equity of 11.10%. The business had revenue of $113.09 million for the quarter, compared to analyst estimates of $112.77 million. On average, research analysts expect that Yext, Inc. will post -0.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on YEXT. Roth Mkm restated a "buy" rating and set a $9.50 target price (down from $10.50) on shares of Yext in a research report on Wednesday, February 26th. Needham & Company LLC reiterated a "buy" rating and issued a $10.00 target price on shares of Yext in a report on Wednesday, May 21st.

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.