Summit Trail Advisors LLC Buys 3,409 Shares of Yext, Inc. (NYSE:YEXT)

Summit Trail Advisors LLC increased its stake in Yext, Inc. (NYSE:YEXT) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 188,039 shares of the company’s stock after buying an additional 3,409 shares during the quarter. Summit Trail Advisors LLC owned about 0.15% of Yext worth $1,196,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

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

Yext Stock Up 1.2 %

Shares of YEXT stock opened at $6.56 on Tuesday. Yext, Inc. has a 1-year low of $4.29 and a 1-year high of $8.75. The stock’s 50-day moving average is $6.70 and its 200 day moving average is $6.58.

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.