111 Capital Purchases Shares of 11,724 Yext $YEXT

111 Capital purchased a new stake in Yext (NYSE:YEXT) during the second quarter, HoldingsChannel.com reports. The firm purchased 11,724 shares of the company’s stock, valued at approximately $100,000.

Other hedge funds also recently made changes to their positions in the company. New Age Alpha Advisors LLC acquired a new position in shares of Yext in the 1st quarter valued at $43,000. Optas LLC acquired a new position in shares of Yext during the 1st quarter valued at $71,000. Martingale Asset Management L P boosted its position in Yext by 16.4% during the 1st quarter. Martingale Asset Management L P now owns 14,209 shares of the company’s stock worth $88,000 after purchasing an additional 2,002 shares during the period. Ieq Capital LLC purchased a new stake in Yext during the 1st quarter worth $90,000. Finally, Entropy Technologies LP boosted its position in Yext by 24.3% during the 1st quarter. Entropy Technologies LP now owns 16,898 shares of the company’s stock worth $104,000 after purchasing an additional 3,298 shares during the period. Institutional investors and hedge funds own 70.98% of the company’s stock.

Wall Street Analyst Weigh In

YEXT has been the subject of a number of research reports. Zacks Research cut shares of Yext from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 21st. Wall Street Zen raised shares of Yext from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Yext in a research report on Saturday, September 27th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 price target on shares of Yext in a research report on Monday, August 18th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $9.44.

Yext Stock Performance

Shares of YEXT stock opened at $8.37 on Wednesday. Yext has a 12 month low of $5.51 and a 12 month high of $9.20. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market capitalization of $1.03 billion, a P/E ratio of -69.70 and a beta of 0.92. The company’s fifty day moving average price is $8.57 and its two-hundred day moving average price is $7.69.

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.