Olympiad Research LP Sells 37,600 Shares of Yext, Inc. (NYSE:YEXT)

Olympiad Research LP lessened its holdings in Yext, Inc. (NYSE:YEXT) by 74.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,886 shares of the company’s stock after selling 37,600 shares during the quarter. Olympiad Research LP’s holdings in Yext were worth $82,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new stake in shares of Yext during the 3rd quarter valued at approximately $38,000. KBC Group NV bought a new stake in shares of Yext during the fourth quarter worth $47,000. Quantinno Capital Management LP acquired a new position in shares of Yext during the third quarter worth $76,000. Entropy Technologies LP bought a new position in shares of Yext in the 4th quarter valued at $86,000. Finally, Balboa Wealth Partners acquired a new stake in shares of Yext during the 3rd quarter valued at $114,000. Institutional investors own 70.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on YEXT. 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. Roth Mkm reaffirmed 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. Finally, DA Davidson lifted their target price on shares of Yext from $5.75 to $7.50 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th.

Yext Trading Down 0.2 %

NYSE YEXT opened at $6.54 on Tuesday. The firm has a market capitalization of $834.00 million, a PE ratio of -43.57 and a beta of 1.26. The business’s 50-day moving average price is $6.50 and its two-hundred day moving average price is $6.66. Yext, Inc. has a 12 month low of $4.29 and a 12 month high of $8.75.

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.