Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $23.71, for a total value of $711,300.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

  • On Wednesday, August 8th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $21.46, for a total value of $643,800.00.
  • On Monday, July 30th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $22.00, for a total value of $660,000.00.
  • On Tuesday, July 24th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.98, for a total value of $569,400.00.
  • On Thursday, July 19th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.00, for a total value of $570,000.00.
  • On Thursday, July 12th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.27, for a total value of $548,100.00.
  • On Friday, July 6th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.32, for a total value of $579,600.00.
  • On Thursday, June 28th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.69, for a total value of $560,700.00.
  • On Tuesday, June 26th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.06, for a total value of $571,800.00.
  • On Wednesday, June 20th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.51, for a total value of $585,300.00.
  • On Tuesday, June 12th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.56, for a total transaction of $556,800.00.

Yext stock traded up $0.08 during mid-day trading on Friday, hitting $23.78. 489,400 shares of the company’s stock were exchanged, compared to its average volume of 942,812. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of -28.06 and a beta of 0.41. Yext Inc has a 1-year low of $10.58 and a 1-year high of $24.48.

Yext (NYSE:YEXT) last posted its earnings results on Thursday, May 31st. The company reported ($0.11) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.12) by $0.01. The firm had revenue of $51.10 million for the quarter, compared to the consensus estimate of $49.35 million. Yext had a negative net margin of 37.24% and a negative return on equity of 81.00%. The business’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.13) earnings per share. equities research analysts forecast that Yext Inc will post -0.7 EPS for the current year.

YEXT has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Yext from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Piper Jaffray Companies reissued a “buy” rating and set a $25.00 target price on shares of Yext in a research report on Wednesday, July 25th. Morgan Stanley increased their target price on shares of Yext from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Friday, June 1st. KeyCorp increased their target price on shares of Yext from $16.00 to $18.00 and gave the stock an “overweight” rating in a research report on Thursday, May 31st. Finally, SunTrust Banks initiated coverage on shares of Yext in a research report on Monday. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Yext has an average rating of “Buy” and an average price target of $19.00.

A number of institutional investors have recently bought and sold shares of YEXT. BlueMountain Capital Management LLC acquired a new position in Yext during the second quarter worth $118,000. MetLife Investment Advisors LLC acquired a new stake in shares of Yext in the fourth quarter valued at about $140,000. BB&T Securities LLC acquired a new stake in shares of Yext in the first quarter valued at about $180,000. UBS Group AG grew its position in shares of Yext by 42.2% in the first quarter. UBS Group AG now owns 17,577 shares of the company’s stock valued at $222,000 after purchasing an additional 5,217 shares during the last quarter. Finally, United Services Automobile Association acquired a new stake in shares of Yext in the second quarter valued at about $223,000. 45.47% of the stock is currently owned by hedge funds and other institutional investors.

About Yext

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

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