Yext Inc (YEXT) Insider Sells $81,250.00 in Stock

Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 5,000 shares of Yext stock in a transaction dated Tuesday, November 20th. The stock was sold at an average price of $16.25, for a total value of $81,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, November 13th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $17.96, for a total value of $89,800.00.
  • On Tuesday, November 6th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $18.79, for a total value of $93,950.00.
  • 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 shares were 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 shares were 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 shares were sold at an average price of $26.46, for a total value of $330,750.00.

Shares of NYSE:YEXT traded down $0.01 during trading hours on Friday, hitting $16.74. 2,221 shares of the company’s stock traded hands, compared to its average volume of 822,491. Yext Inc has a 1 year low of $10.58 and a 1 year high of $27.19. The firm has a market capitalization of $1.65 billion, a PE ratio of -19.80 and a beta of 1.67.

Yext (NYSE:YEXT) last announced its earnings results on Thursday, August 30th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.01. The business had revenue of $55.10 million during 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%. Analysts expect that Yext Inc will post -0.79 earnings per share for the current fiscal year.

Several research analysts have issued reports on YEXT shares. DA Davidson started coverage on Yext in a research report on Monday, October 8th. They set a “buy” rating and a $28.00 target price for the company. SunTrust Banks started coverage on Yext in a research report on Monday, August 13th. They set a “buy” rating for the company. Morgan Stanley restated a “hold” rating and set a $26.00 target price (up previously from $15.00) on shares of Yext in a research report on Tuesday, September 18th. KeyCorp restated a “hold” rating on shares of Yext in a research report on Thursday, August 30th. Finally, Zacks Investment Research lowered Yext from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Yext currently has a consensus rating of “Buy” and an average target price of $24.20.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its holdings in shares of Yext by 1.5% in the third quarter. BlackRock Inc. now owns 5,222,295 shares of the company’s stock valued at $123,769,000 after purchasing an additional 75,164 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Yext by 159.7% in the third quarter. Renaissance Technologies LLC now owns 2,078,686 shares of the company’s stock valued at $49,265,000 after purchasing an additional 1,278,386 shares during the period. Capital International Investors purchased a new stake in shares of Yext in the third quarter valued at approximately $44,201,000. Janus Henderson Group PLC boosted its holdings in shares of Yext by 2.1% in the second quarter. Janus Henderson Group PLC now owns 1,102,169 shares of the company’s stock valued at $21,316,000 after purchasing an additional 23,135 shares during the period. Finally, Deutsche Bank AG boosted its holdings in shares of Yext by 61.4% in the third quarter. Deutsche Bank AG now owns 1,024,521 shares of the company’s stock valued at $24,280,000 after purchasing an additional 389,723 shares during the period. Hedge funds and other institutional investors own 47.15% 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.

Further Reading: Understanding Compound Annual Growth Rate (CAGR)

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

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