Yext Inc (NYSE: YEXT) is 44.65% higher on its value in year-to-date trading and has touched a low of $4.29 and a high of $8.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The YEXT stock was last observed hovering at around $8.51 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $8.52, the stock is 4.11% and 13.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing 0.12% at the moment leaves the stock 41.43% off its SMA200. YEXT registered 58.66% gain for a year compared to 6-month gain of 69.05%. The firm has a 50-day simple moving average (SMA 50) of $7.4532 and a 200-day simple moving average (SMA200) of $6.0108.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 10.79% loss in the last 1 month and extending the period to 3 months gives it a 33.13%, and is 0.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.37% over the week and 2.65% over the month.
Yext Inc (YEXT) has around 1100 employees, a market worth around $1.10B and $396.15M in sales. Fwd P/E is 14.56. Profit margin for the company is -1.68%. Distance from 52-week low is 98.60% and -0.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.71%).
The EPS is expected to grow by 14.39% this year.
Yext Inc (YEXT) Top Institutional Holders
256.0 institutions hold shares in Yext Inc (YEXT), with institutional investors hold 80.34% of the company’s shares. The shares outstanding are 127.14M, and float is at 104.13M with Short Float at 2.57%. Institutions hold 73.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.5 million shares valued at $82.91 million. The investor’s holdings represent 12.3591% of the YEXT Shares outstanding. As of 2024-06-30, the second largest holder is LEAD EDGE CAPITAL MANAGEMENT, LLC with 11.47 million shares valued at $61.39 million to account for 9.1511 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.67 million shares representing 7.7134% and valued at over $51.74 million, while LYNROCK LAKE LP holds 6.5936 of the shares totaling 8.27 million with a market value of $44.23 million.
Yext Inc (YEXT) Insider Activity
The most recent transaction is an insider purchase by Waugh Seth H., the company’s Director. SEC filings show that Waugh Seth H. bought 32,600 shares of the company’s common stock on Sep 19 ’24 at a price of $6.65 per share for a total of $0.22 million. Following the purchase, the insider now owns 0.15 million shares.
Yext Inc disclosed in a document filed with the SEC on Jun 21 ’24 that Shin Ho (General Counsel) sold a total of 35,000 shares of the company’s common stock. The trade occurred on Jun 21 ’24 and was made at $5.04 per share for $0.18 million. Following the transaction, the insider now directly holds 0.13 million shares of the YEXT stock.
