Yext Inc (YEXT) Insider Sells $44,998.32 in Stock

Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 2,091 shares of the business’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $21.52, for a total transaction of $44,998.32. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Tuesday, April 2nd, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $21.86, for a total transaction of $109,300.00.
  • On Tuesday, March 26th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $21.32, for a total transaction of $106,600.00.
  • On Tuesday, March 19th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $22.16, for a total transaction of $110,800.00.
  • On Tuesday, March 12th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $22.07, for a total transaction of $110,350.00.
  • On Tuesday, March 5th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $19.36, for a total transaction of $96,800.00.
  • On Tuesday, February 26th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $17.92, for a total transaction of $89,600.00.
  • On Tuesday, February 12th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $18.22, for a total transaction of $91,100.00.
  • On Tuesday, February 5th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $17.08, for a total transaction of $85,400.00.
  • On Tuesday, January 29th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $14.56, for a total transaction of $72,800.00.
  • On Tuesday, January 22nd, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $14.32, for a total transaction of $71,600.00.

NYSE:YEXT opened at $20.29 on Friday. Yext Inc has a 52-week low of $12.82 and a 52-week high of $27.19. The stock has a market cap of $2.07 billion, a PE ratio of -26.70 and a beta of 0.94.

Yext (NYSE:YEXT) last posted its quarterly earnings data on Wednesday, March 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.06. Yext had a negative net margin of 34.74% and a negative return on equity of 101.77%. The company had revenue of $63.80 million for the quarter, compared to the consensus estimate of $62.77 million. During the same quarter in the previous year, the firm posted ($0.10) EPS. The business’s revenue was up 32.9% compared to the same quarter last year. On average, equities research analysts forecast that Yext Inc will post -0.85 earnings per share for the current year.

Several research firms have recently issued reports on YEXT. Zacks Investment Research upgraded shares of Yext from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Wednesday, March 27th. SunTrust Banks restated a “buy” rating and set a $30.00 price objective on shares of Yext in a report on Monday, March 18th. Morgan Stanley boosted their price objective on shares of Yext from $15.00 to $16.00 and gave the stock an “underweight” rating in a report on Thursday, March 7th. Finally, Oppenheimer began coverage on shares of Yext in a report on Thursday, January 24th. They set an “outperform” rating and a $23.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $23.13.

Large investors have recently bought and sold shares of the company. BlackRock Inc. increased its stake in Yext by 11.3% in the fourth quarter. BlackRock Inc. now owns 5,810,456 shares of the company’s stock valued at $86,285,000 after acquiring an additional 588,161 shares during the period. Vanguard Group Inc. increased its stake in Yext by 1.0% in the third quarter. Vanguard Group Inc. now owns 5,018,401 shares of the company’s stock valued at $118,936,000 after acquiring an additional 48,661 shares during the period. Vanguard Group Inc increased its stake in Yext by 1.0% in the third quarter. Vanguard Group Inc now owns 5,018,401 shares of the company’s stock valued at $118,936,000 after acquiring an additional 48,661 shares during the period. D. E. Shaw & Co. Inc. increased its stake in Yext by 1.7% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,134,698 shares of the company’s stock valued at $31,700,000 after acquiring an additional 34,882 shares during the period. Finally, Deutsche Bank AG increased its stake in Yext by 45.9% in the fourth quarter. Deutsche Bank AG now owns 1,495,142 shares of the company’s stock valued at $22,202,000 after acquiring an additional 470,621 shares during the period. Institutional investors own 53.85% of the company’s stock.

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Yext Company Profile

Yext, Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and synchronize it to its knowledge network in North America and internationally. 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 knowledge Network of approximately 150 third-party maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks.

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

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