Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 5,000 shares of the stock in a transaction on Tuesday, January 8th. The stock was sold at an average price of $15.41, for a total value of $77,050.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

  • On Wednesday, January 2nd, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $14.82, for a total value of $74,100.00.
  • On Wednesday, December 26th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $13.84, for a total value of $69,200.00.
  • On Tuesday, December 18th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $14.71, for a total value of $73,550.00.
  • On Tuesday, December 11th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $15.56, for a total value of $77,800.00.
  • On Tuesday, December 4th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $15.10, for a total value of $75,500.00.
  • On Tuesday, November 27th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $17.15, for a total value of $85,750.00.
  • On Tuesday, November 20th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $16.25, for a total value of $81,250.00.
  • 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 shares were sold at an average price of $18.33, for a total value of $91,650.00.

YEXT stock traded up $0.65 during midday trading on Thursday, reaching $16.06. 837,000 shares of the company’s stock traded hands, compared to its average volume of 703,671. The stock has a market cap of $1.49 billion, a P/E ratio of -18.89 and a beta of 0.82. Yext Inc has a 52-week low of $10.58 and a 52-week high of $27.19.

Yext (NYSE:YEXT) last announced its earnings results on Thursday, November 29th. The company reported ($0.25) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.21) by ($0.04). Yext had a negative net margin of 38.03% and a negative return on equity of 104.78%. The firm had revenue of $58.70 million during the quarter, compared to analysts’ expectations of $58.39 million. During the same period in the prior year, the company posted ($0.12) EPS. The company’s revenue was up 32.5% compared to the same quarter last year. On average, sell-side analysts predict that Yext Inc will post -0.83 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BlueMountain Capital Management LLC acquired a new position in shares of Yext during the 2nd quarter valued at about $118,000. FMR LLC acquired a new stake in shares of Yext in the third quarter valued at approximately $203,000. United Services Automobile Association acquired a new stake in shares of Yext during the second quarter worth $223,000. Signition LP purchased a new position in Yext in the third quarter worth $240,000. Finally, Legal & General Group Plc increased its position in shares of Yext by 212.6% in the second quarter. Legal & General Group Plc now owns 12,970 shares of the company’s stock valued at $251,000 after buying an additional 8,821 shares in the last quarter. 51.16% of the stock is owned by institutional investors.

Several brokerages recently weighed in on YEXT. DA Davidson decreased their target price on Yext to $24.00 and set a “buy” rating for the company in a research note on Monday, December 3rd. They noted that the move was a valuation call. SunTrust Banks reaffirmed a “buy” rating and set a $28.00 price objective on shares of Yext in a research note on Friday, December 14th. Berenberg Bank began coverage on Yext in a research report on Friday, November 16th. They issued a “buy” rating and a $25.00 target price on the stock. Morgan Stanley reduced their price objective on Yext from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, October 23rd. Finally, KeyCorp restated a “hold” rating on shares of Yext in a research report on Thursday, November 29th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $23.00.

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Yext Company Profile

Yext, Inc is an emerging growth company engages in software development. It offers a cloud-based digital knowledge platform which allows businesses manage their digital knowledge in the cloud such as financial information, resources and performance of these resources on a consolidated basis and sync it to other application such as Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.

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

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