Dimensional Fund Advisors LP boosted its holdings in shares of Yext (NYSE:YEXT - Free Report) by 21.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,131,636 shares of the company's stock after acquiring an additional 373,953 shares during the quarter. Dimensional Fund Advisors LP owned 2.13% of Yext worth $8,185,000 as of its most recent SEC filing.

• Generative AI is Driving Yext to Up Its Full-Year Guidance

Several other hedge funds also recently bought and sold shares of YEXT. New York State Teachers Retirement System boosted its stake in shares of Yext by 9,253.0% during the first quarter. New York State Teachers Retirement System now owns 9,353 shares of the company's stock valued at $36,000 after purchasing an additional 9,253 shares during the period. Clearstead Advisors LLC boosted its position in Yext by 147.1% in the 4th quarter. Clearstead Advisors LLC now owns 4,677 shares of the company's stock valued at $38,000 after buying an additional 2,784 shares during the period. Able Wealth Management LLC bought a new position in Yext in the 1st quarter worth about $48,000. Sequoia Financial Advisors LLC bought a new position in Yext in the 1st quarter worth about $49,000. Finally, Pictet Asset Management Holding SA purchased a new position in shares of Yext during the first quarter worth approximately $59,000. Institutional investors own 70.98% of the company's stock.

Insiders Place Their Bets

In related news, Director Seth H. Waugh purchased 133,000 shares of the business's stock in a transaction dated Thursday, June 11th. The shares were acquired at an average cost of $3.75 per share, for a total transaction of $498,750.00. Following the acquisition, the director owned 319,411 shares of the company's stock, valued at $1,197,791.25. The trade was a 71.35% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Daniel J. Englander purchased 76,190 shares of Yext stock in a transaction dated Monday, July 13th. The stock was bought at an average cost of $5.22 per share, with a total value of $397,711.80. Following the completion of the transaction, the director owned 141,190 shares in the company, valued at approximately $737,011.80. This represents a 117.22% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 7.80% of the stock is owned by corporate insiders.

Yext Trading Up 1.0%

• AI Is Giving 3 Marketing & Ad Firms Revenue & Earnings Boost

NYSE YEXT opened at $5.79 on Tuesday. The company has a debt-to-equity ratio of 6.03, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $580.45 million, a price-to-earnings ratio of 82.71 and a beta of 1.13. The company's 50-day simple moving average is $4.79 and its two-hundred day simple moving average is $4.77. Yext has a one year low of $3.27 and a one year high of $9.20.

Analysts Set New Price Targets

YEXT has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Yext from a "buy" rating to a "hold" rating in a research note on Sunday, May 3rd. Zacks Research raised Yext from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 17th. Finally, Weiss Ratings upgraded Yext from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $7.50.

• MarketBeat Week in Review – 1/30 - 2/3

Get Our Latest Stock Report on Yext

Yext Profile

(Free Report)

Yext, Inc is a software-as-a-service company that provides a platform for digital knowledge management. Its core offering enables businesses to centrally manage and synchronize public-facing information—such as location details, product descriptions and service offerings—across a network of search engines, mapping services, voice assistants and third-party directories.

The Yext platform is built around a proprietary Knowledge Graph, which stores and structures data to ensure consistency and accuracy.

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