Hussman Strategic Advisors Inc. Takes Position in Yext, Inc. (NYSE:YEXT)

Hussman Strategic Advisors Inc. purchased a new position in Yext, Inc. (NYSE:YEXT) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 210,000 shares of the company’s stock, valued at approximately $1,336,000.

Other large investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. raised its position in shares of Yext by 18.2% during 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 during the last quarter. Summit Trail Advisors LLC lifted its stake in Yext by 1.8% in the 4th quarter. Summit Trail Advisors LLC now owns 188,039 shares of the company’s stock valued at $1,196,000 after acquiring an additional 3,409 shares in the last quarter. Rhumbline Advisers boosted its holdings in Yext by 2.6% during the fourth quarter. Rhumbline Advisers now owns 148,549 shares of the company’s stock worth $945,000 after purchasing an additional 3,813 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Yext by 9.6% during the 4th quarter. Principal Financial Group Inc. now owns 59,438 shares of the company’s stock worth $378,000 after buying an additional 5,191 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Yext in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on YEXT shares. Roth Mkm restated a “buy” rating and issued a $10.50 price objective (up previously from $7.50) on shares of Yext in a research note on Tuesday, December 10th. DA Davidson raised their price objective on Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 target price on shares of Yext in a report on Wednesday, February 12th.

Yext Stock Performance

NYSE YEXT opened at $6.56 on Thursday. Yext, Inc. has a 52 week low of $4.29 and a 52 week high of $8.75. The business has a 50 day moving average price of $6.50 and a 200-day moving average price of $6.62.

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.