Yext Inc (NYSE:YEXT) Insider Sells $319,250.00 in Stock

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Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 12,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 18th. The shares were sold at an average price of $25.54, for a total value of $319,250.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Tom Christopher Dixon also recently made the following trade(s):

  • On Tuesday, September 25th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $24.93, for a total value of $311,625.00.
  • On Tuesday, September 11th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $26.08, for a total value of $326,000.00.
  • On Tuesday, September 4th, Tom Christopher Dixon sold 32,500 shares of Yext stock. The stock was sold at an average price of $24.79, for a total value of $805,675.00.
  • On Tuesday, August 28th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $26.46, for a total value of $330,750.00.
  • On Tuesday, August 21st, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $24.44, for a total value of $305,500.00.
  • On Tuesday, August 14th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $23.80, for a total value of $297,500.00.
  • On Tuesday, August 7th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $21.65, for a total value of $270,625.00.
  • On Wednesday, August 1st, Tom Christopher Dixon sold 32,500 shares of Yext stock. The stock was sold at an average price of $21.65, for a total value of $703,625.00.
  • On Tuesday, July 24th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $18.98, for a total value of $237,250.00.
  • On Tuesday, July 17th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $18.66, for a total value of $233,250.00.

NYSE YEXT traded up $0.57 on Friday, reaching $18.97. 1,496,673 shares of the company were exchanged, compared to its average volume of 1,005,281. The firm has a market capitalization of $2.34 billion, a P/E ratio of -22.32 and a beta of 0.83. Yext Inc has a fifty-two week low of $10.58 and a fifty-two week high of $27.19.

Yext (NYSE:YEXT) last released its quarterly earnings data on Thursday, August 30th. The company reported ($0.10) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.01. Yext had a negative return on equity of 91.20% and a negative net margin of 36.92%. The company had revenue of $55.10 million for the quarter, compared to analyst estimates of $53.67 million. On average, equities research analysts predict that Yext Inc will post -0.78 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of YEXT. Rhumbline Advisers raised its position in Yext by 25.4% in the first quarter. Rhumbline Advisers now owns 20,831 shares of the company’s stock valued at $264,000 after purchasing an additional 4,215 shares during the period. Trexquant Investment LP purchased a new stake in Yext in the first quarter valued at $356,000. Northern Trust Corp raised its position in Yext by 2.4% in the first quarter. Northern Trust Corp now owns 240,879 shares of the company’s stock valued at $3,047,000 after purchasing an additional 5,687 shares during the period. BlackRock Inc. raised its position in Yext by 3.1% in the first quarter. BlackRock Inc. now owns 1,296,429 shares of the company’s stock valued at $16,399,000 after purchasing an additional 39,389 shares during the period. Finally, Spark Investment Management LLC purchased a new stake in Yext in the first quarter valued at $1,275,000. Institutional investors own 52.64% of the company’s stock.

A number of brokerages have recently issued reports on YEXT. Zacks Investment Research lowered Yext from a “buy” rating to a “hold” rating in a research note on Friday, July 20th. DA Davidson initiated coverage on Yext in a research note on Monday, October 8th. They set a “buy” rating and a $28.00 price objective on the stock. Piper Jaffray Companies reissued a “buy” rating and set a $25.00 price objective on shares of Yext in a research note on Wednesday, July 25th. KeyCorp reissued a “hold” rating on shares of Yext in a research note on Thursday, August 30th. Finally, SunTrust Banks initiated coverage on Yext in a research note on Monday, August 13th. They set a “buy” rating on the stock. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $24.25.

Yext Company Profile

Yext, Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud in North America and Europe. The company offers Yext Knowledge Engine, a cloud-based global platform that enables businesses to control and manage their digital knowledge and make it available through its PowerListings Network of approximately 150 third-party maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks.

See Also: Leveraged Buyout (LBO)

Insider Buying and Selling by Quarter for Yext (NYSE:YEXT)

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