Trexquant Investment LP Has $250,000 Holdings in Yext, Inc. (NYSE:YEXT)

Trexquant Investment LP lowered its holdings in Yext, Inc. (NYSE:YEXT - Free Report) by 65.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,308 shares of the company's stock after selling 73,964 shares during the period. Trexquant Investment LP's holdings in Yext were worth $250,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in YEXT. Wilmington Savings Fund Society FSB acquired a new stake in Yext during the 3rd quarter worth about $38,000. KBC Group NV acquired a new position in Yext in the 4th quarter worth approximately $47,000. O Shaughnessy Asset Management LLC purchased a new position in Yext during the 4th quarter worth approximately $64,000. EntryPoint Capital LLC acquired a new stake in Yext during the 4th quarter valued at $67,000. Finally, Virtu Financial LLC acquired a new stake in Yext during the 4th quarter valued at $67,000. 70.98% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on YEXT shares. Roth Mkm reiterated a "buy" rating and set a $9.50 price target (down previously from $10.50) on shares of Yext in a report on Wednesday, February 26th. Needham & Company LLC restated a "buy" rating and set a $10.00 price objective on shares of Yext in a research report on Thursday, April 3rd.

Yext Trading Up 0.6 %

YEXT stock traded up $0.04 during midday trading on Friday, reaching $6.12. The company had a trading volume of 716,607 shares, compared to its average volume of 893,027. The company has a 50 day moving average of $6.28 and a two-hundred day moving average of $6.77. Yext, Inc. has a 1 year low of $4.29 and a 1 year high of $8.75. The company has a market capitalization of $773.46 million, a P/E ratio of -40.77 and a beta of 1.20.

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

Yext 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.