Insider Selling: Yext Inc (YEXT) Insider Sells 5,000 Shares of Stock

Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 5,000 shares of the stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $18.79, for a total value of $93,950.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

  • On Tuesday, October 30th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $18.33, for a total value of $91,650.00.
  • On Tuesday, October 23rd, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $18.50, for a total value of $92,500.00.
  • 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 18th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $25.54, for a total value of $319,250.00.
  • 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.

Shares of NYSE YEXT opened at $18.87 on Friday. Yext Inc has a twelve month low of $10.58 and a twelve month high of $27.19.

Yext (NYSE:YEXT) last announced its earnings results on Thursday, August 30th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01. The business had revenue of $55.10 million for the quarter, compared to analyst estimates of $53.67 million. Yext had a negative return on equity of 91.20% and a negative net margin of 36.92%. As a group, equities research analysts predict that Yext Inc will post -0.79 EPS for the current year.

YEXT has been the topic of a number of recent research reports. Piper Jaffray Companies reissued a “buy” rating and set a $25.00 price objective on shares of Yext in a report on Wednesday, July 25th. SunTrust Banks initiated coverage on Yext in a report on Monday, August 13th. They set a “buy” rating on the stock. DA Davidson initiated coverage on Yext in a report on Monday, October 8th. They set a “buy” rating and a $28.00 price objective on the stock. Morgan Stanley dropped their price objective on Yext from $26.00 to $25.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 23rd. Finally, KeyCorp reissued a “hold” rating on shares of Yext in a report on Thursday, August 30th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Yext presently has an average rating of “Buy” and an average target price of $24.00.

Hedge funds and other institutional investors have recently made changes to their positions in the business. BlueMountain Capital Management LLC bought a new position in Yext in the 2nd quarter worth about $118,000. FMR LLC bought a new position in Yext in the 3rd quarter worth about $203,000. UBS Group AG increased its stake in Yext by 42.2% in the 1st quarter. UBS Group AG now owns 17,577 shares of the company’s stock worth $222,000 after acquiring an additional 5,217 shares during the last quarter. United Services Automobile Association bought a new position in Yext in the 2nd quarter worth about $223,000. Finally, NumerixS Investment Technologies Inc bought a new position in Yext in the 2nd quarter worth about $228,000. Institutional investors and hedge funds own 44.50% 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 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.

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