Insider Selling: Yext Inc (NYSE:YEXT) CEO Sells 30,000 Shares of Stock

Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $12.16, for a total value of $364,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Howard Lerman also recently made the following trade(s):

  • On Tuesday, January 9th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $11.22, for a total value of $336,600.00.
  • On Tuesday, January 2nd, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $11.77, for a total value of $353,100.00.
  • On Tuesday, December 26th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $11.99, for a total value of $359,700.00.
  • On Tuesday, December 12th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.21, for a total value of $305,250.00.
  • On Tuesday, December 5th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.81, for a total value of $320,250.00.
  • On Tuesday, November 28th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $14.07, for a total value of $351,750.00.
  • On Tuesday, November 21st, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.94, for a total value of $323,500.00.
  • On Tuesday, November 14th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.72, for a total value of $318,000.00.
  • On Wednesday, November 8th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.10, for a total value of $302,500.00.
  • On Monday, November 6th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.01, for a total value of $300,250.00.

Shares of Yext Inc (NYSE YEXT) opened at $12.06 on Friday. Yext Inc has a 12 month low of $11.03 and a 12 month high of $15.11.

A number of hedge funds have recently modified their holdings of the stock. FMR LLC purchased a new stake in Yext in the second quarter worth $107,196,000. Bamco Inc. NY grew its stake in Yext by 17.7% in the third quarter. Bamco Inc. NY now owns 1,481,349 shares of the company’s stock worth $19,672,000 after purchasing an additional 222,238 shares during the period. Janus Henderson Group PLC purchased a new stake in Yext in the second quarter worth $14,534,000. Vanguard Group Inc. purchased a new stake in Yext in the second quarter worth $10,627,000. Finally, Ontario Teachers Pension Plan Board purchased a new stake in Yext in the second quarter worth $6,665,000. 28.58% of the stock is currently owned by institutional investors.

YEXT has been the topic of several research analyst reports. Royal Bank of Canada reissued a “buy” rating and set a $18.00 target price on shares of Yext in a research note on Friday, September 22nd. Piper Jaffray Companies reissued a “buy” rating and set a $17.00 target price on shares of Yext in a research note on Thursday, October 12th. KeyCorp reissued a “buy” rating and set a $16.00 target price on shares of Yext in a research note on Sunday, November 5th. Zacks Investment Research raised Yext from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Finally, BidaskClub raised Yext from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Yext has an average rating of “Hold” and a consensus price target of $16.20.

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About Yext

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.

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

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