EntryPoint Capital LLC Has $147,000 Stock Position in Yext, Inc. (NYSE:YEXT)

EntryPoint Capital LLC boosted its holdings in shares of Yext, Inc. (NYSE:YEXT) by 300.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,447 shares of the company’s stock after buying an additional 18,342 shares during the period. EntryPoint Capital LLC’s holdings in Yext were worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System purchased a new position in Yext in the fourth quarter valued at about $56,000. Dynamic Advisor Solutions LLC purchased a new position in Yext in the fourth quarter valued at about $59,000. Victory Capital Management Inc. boosted its stake in shares of Yext by 23.1% during the 4th quarter. Victory Capital Management Inc. now owns 13,587 shares of the company’s stock worth $80,000 after acquiring an additional 2,547 shares in the last quarter. Oak Thistle LLC bought a new stake in shares of Yext during the 4th quarter worth about $105,000. Finally, Versor Investments LP bought a new stake in shares of Yext during the 4th quarter worth about $125,000. Hedge funds and other institutional investors own 70.98% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Needham & Company LLC reiterated a “hold” rating on shares of Yext in a research note on Monday, June 10th. Roth Mkm reiterated a “buy” rating and set a $8.00 price target on shares of Yext in a research note on Tuesday, June 11th. Finally, DA Davidson decreased their price target on Yext from $7.25 to $5.50 and set a “neutral” rating for the company in a research note on Tuesday, June 11th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $8.50.

Insider Activity at Yext

In other news, General Counsel Ho Shin sold 35,000 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $5.04, for a total value of $176,400.00. Following the completion of the transaction, the general counsel now directly owns 125,207 shares of the company’s stock, valued at approximately $631,043.28. The sale was disclosed in a legal filing with the SEC, which is available at this link. 8.40% of the stock is currently owned by insiders.

Yext Trading Up 0.3 %

NYSE:YEXT traded up $0.02 during mid-day trading on Friday, hitting $5.78. 131,448 shares of the company’s stock traded hands, compared to its average volume of 902,524. The firm has a 50 day moving average of $5.16 and a two-hundred day moving average of $5.60. Yext, Inc. has a 12 month low of $4.29 and a 12 month high of $9.87. The firm has a market capitalization of $729.09 million, a price-to-earnings ratio of -115.20 and a beta of 1.21.

Yext (NYSE:YEXT) last posted its quarterly earnings results on Monday, June 10th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.02). The firm had revenue of $95.99 million during the quarter, compared to analyst estimates of $96.35 million. Yext had a negative net margin of 1.51% and a negative return on equity of 4.17%. As a group, equities research analysts expect that Yext, Inc. will post 0.04 earnings per share for the current year.

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.