SG Americas Securities LLC Has $294,000 Stock Holdings in Yext, Inc. (NYSE:YEXT)

SG Americas Securities LLC boosted its stake in shares of Yext, Inc. (NYSE:YEXT) by 38.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 46,183 shares of the company’s stock after buying an additional 12,841 shares during the period. SG Americas Securities LLC’s holdings in Yext were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. lifted its stake in Yext by 18.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 22,002 shares of the company’s stock valued at $152,000 after acquiring an additional 3,384 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Yext in the third quarter valued at approximately $38,000. Quantinno Capital Management LP bought a new stake in shares of Yext in the third quarter worth $76,000. Balboa Wealth Partners acquired a new position in Yext during the third quarter worth $114,000. Finally, US Bancorp DE grew its position in Yext by 331.4% in the third quarter. US Bancorp DE now owns 23,294 shares of the company’s stock valued at $161,000 after purchasing an additional 17,894 shares in the last quarter. Institutional investors own 70.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 target price on shares of Yext in a research report on Thursday, January 16th. Roth Mkm reaffirmed a “buy” rating and set a $10.50 price target (up previously from $7.50) on shares of Yext in a research report on Tuesday, December 10th. Finally, DA Davidson increased their price objective on Yext from $5.75 to $7.50 and gave the company a “neutral” rating in a report on Tuesday, December 10th.

Yext Stock Performance

Shares of NYSE:YEXT opened at $6.63 on Thursday. Yext, Inc. has a 52-week low of $4.29 and a 52-week high of $8.75. The company has a market capitalization of $845.74 million, a P/E ratio of -44.18 and a beta of 1.26. The company has a 50-day simple moving average of $6.81 and a 200 day simple moving average of $6.55.

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.