Barclays PLC Has $1.65 Million Stake in Yext, Inc. (NYSE:YEXT)

Barclays PLC raised its position in shares of Yext, Inc. (NYSE:YEXT) by 137.3% in the third quarter, Holdings Channel reports. The firm owned 238,361 shares of the company’s stock after buying an additional 137,921 shares during the period. Barclays PLC’s holdings in Yext were worth $1,650,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in YEXT. Principal Financial Group Inc. raised its position in shares of Yext by 11.8% in the second quarter. Principal Financial Group Inc. now owns 93,516 shares of the company’s stock valued at $500,000 after purchasing an additional 9,849 shares during the period. Los Angeles Capital Management LLC grew its stake in Yext by 208.7% in the 2nd quarter. Los Angeles Capital Management LLC now owns 230,713 shares of the company’s stock valued at $1,234,000 after buying an additional 155,977 shares during the last quarter. Federated Hermes Inc. increased its stake in shares of Yext by 86.6% in the second quarter. Federated Hermes Inc. now owns 2,748,420 shares of the company’s stock worth $14,704,000 after purchasing an additional 1,275,348 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of Yext by 3.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 299,167 shares of the company’s stock worth $1,601,000 after buying an additional 10,040 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Yext by 1.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,202,064 shares of the company’s stock valued at $6,430,000 after purchasing an additional 22,989 shares during the period. 70.98% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

YEXT has been the topic of a number of recent research reports. DA Davidson lifted their price target on shares of Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Roth Mkm reaffirmed a “buy” rating and set a $10.50 price objective (up from $7.50) on shares of Yext in a research note on Tuesday, December 10th. Finally, Needham & Company LLC raised their price objective on shares of Yext from $8.00 to $10.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th.

Yext Stock Performance

YEXT opened at $6.33 on Friday. Yext, Inc. has a fifty-two week low of $4.29 and a fifty-two week high of $8.75. The company has a market capitalization of $807.84 million, a P/E ratio of -42.20 and a beta of 1.20. The stock has a fifty day moving average of $7.45 and a 200-day moving average of $6.27.

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.