Gagnon Securities LLC Sells 5,455 Shares of Yext, Inc. (NYSE:YEXT)

Gagnon Securities LLC decreased its holdings in shares of Yext, Inc. (NYSE:YEXT) by 29.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,332 shares of the company’s stock after selling 5,455 shares during the quarter. Gagnon Securities LLC’s holdings in Yext were worth $85,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in YEXT. Dimensional Fund Advisors LP increased its holdings in shares of Yext by 1.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,202,064 shares of the company’s stock worth $6,430,000 after purchasing an additional 22,989 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Yext by 11.3% in the second quarter. Renaissance Technologies LLC now owns 230,600 shares of the company’s stock worth $1,234,000 after purchasing an additional 23,400 shares during the period. Hsbc Holdings PLC increased its holdings in shares of Yext by 108.0% in the second quarter. Hsbc Holdings PLC now owns 54,785 shares of the company’s stock worth $293,000 after purchasing an additional 28,443 shares during the period. Marshall Wace LLP increased its holdings in shares of Yext by 230.7% in the second quarter. Marshall Wace LLP now owns 367,953 shares of the company’s stock worth $1,969,000 after purchasing an additional 256,688 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in shares of Yext by 10.3% in the second quarter. Mackenzie Financial Corp now owns 26,732 shares of the company’s stock worth $143,000 after purchasing an additional 2,493 shares during the period. Institutional investors own 70.98% of the company’s stock.

Yext Trading Down 1.4 %

Shares of NYSE:YEXT opened at $6.56 on Friday. The firm has a fifty day moving average of $6.91 and a 200 day moving average of $6.52. Yext, Inc. has a 52-week low of $4.29 and a 52-week high of $8.75.

Analyst Upgrades and Downgrades

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

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.