Yext, Inc. (NYSE:YEXT) Shares Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC increased its position in shares of Yext, Inc. (NYSE:YEXT) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 188,039 shares of the company’s stock after purchasing an additional 3,409 shares during the quarter. Summit Trail Advisors LLC’s holdings in Yext were worth $1,196,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Yext during the third quarter worth about $38,000. KBC Group NV acquired a new stake in shares of Yext during the fourth quarter worth about $47,000. Quantinno Capital Management LP acquired a new stake in shares of Yext during the third quarter worth about $76,000. Entropy Technologies LP acquired a new stake in shares of Yext during the fourth quarter worth about $86,000. Finally, Balboa Wealth Partners acquired a new stake in shares of Yext during the third quarter worth about $114,000. Institutional investors and hedge funds own 70.98% of the company’s stock.

Yext Stock Performance

Yext stock opened at $6.56 on Tuesday. Yext, Inc. has a 12 month low of $4.29 and a 12 month high of $8.75. The business has a 50 day simple moving average of $6.70 and a 200-day simple moving average of $6.58.

Analysts Set New Price Targets

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

About Yext

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.