Headlines about Yext (NYSE:YEXT) have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yext earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news articles about the company an impact score of 44.3855807780839 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have effected Accern’s rankings:
- Arooga’s Selects Yext to Manage Digital Knowledge for its Restaurants (finance.yahoo.com)
- Yext Inc (YEXT) Given Average Rating of “Hold” by Analysts (americanbankingnews.com)
- Yext Powered Billions of Customer Actions Over the Last Year (finance.yahoo.com)
- Yext Inc (YEXT) Expected to Announce Quarterly Sales of $49.08 Million (americanbankingnews.com)
- Yext Inc (YEXT) CEO Sells $368,700.00 in Stock (americanbankingnews.com)
A number of brokerages have issued reports on YEXT. KeyCorp restated a “buy” rating and set a $16.00 target price on shares of Yext in a research report on Thursday, November 30th. Zacks Investment Research cut shares of Yext from a “hold” rating to a “sell” rating in a research report on Wednesday, March 14th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $16.00 target price on shares of Yext in a research report on Friday, March 9th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $16.00.
In other news, President Brian Distelburger sold 8,160 shares of Yext stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $11.96, for a total transaction of $97,593.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven Cakebread sold 10,000 shares of Yext stock in a transaction dated Thursday, March 15th. The stock was sold at an average price of $12.27, for a total transaction of $122,700.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 665,420 shares of company stock valued at $7,956,302.
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Yext Inc is a knowledge engine provider. Yext puts business on the map. The Yext Knowledge Engine enables companies to manage their digital knowledge in the cloud and sync it to over 100 services in the PowerListings Network, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.
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