Yext (NYSE:YEXT) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd raised its holdings in shares of Yext (NYSE:YEXT - Free Report) by 74.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,787 shares of the company's stock after buying an additional 50,577 shares during the period. XTX Topco Ltd owned about 0.10% of Yext worth $732,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of YEXT. Mackenzie Financial Corp raised its stake in shares of Yext by 191.0% during the first quarter. Mackenzie Financial Corp now owns 214,070 shares of the company's stock valued at $1,319,000 after purchasing an additional 140,513 shares during the period. Allianz Asset Management GmbH bought a new stake in shares of Yext in the first quarter worth $180,000. Victory Capital Management Inc. boosted its holdings in Yext by 88.2% in the first quarter. Victory Capital Management Inc. now owns 129,163 shares of the company's stock worth $796,000 after purchasing an additional 60,544 shares during the period. Bank of New York Mellon Corp boosted its holdings in Yext by 0.9% in the first quarter. Bank of New York Mellon Corp now owns 329,329 shares of the company's stock worth $2,029,000 after purchasing an additional 2,776 shares during the period. Finally, Teacher Retirement System of Texas boosted its holdings in Yext by 19.5% in the first quarter. Teacher Retirement System of Texas now owns 37,026 shares of the company's stock worth $228,000 after purchasing an additional 6,039 shares during the period. 70.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on YEXT shares. DA Davidson boosted their price target on shares of Yext from $7.50 to $8.25 and gave the company a "neutral" rating in a report on Thursday, June 5th. Needham & Company LLC reissued a "buy" rating and issued a $10.00 price target on shares of Yext in a report on Wednesday, June 4th. Finally, B. Riley raised shares of Yext from a "neutral" rating to a "buy" rating and upped their price target for the company from $7.00 to $10.00 in a report on Wednesday, June 4th.

Yext Trading Up 3.6%

NYSE YEXT opened at $8.01 on Tuesday. The company has a market cap of $979.81 million, a PE ratio of -44.47 and a beta of 1.06. Yext has a 1 year low of $4.69 and a 1 year high of $9.15. The stock's 50-day moving average price is $8.12 and its two-hundred day moving average price is $7.01.

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.

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