Yext Inc (NYSE:YEXT) insider Marc Ferrentino sold 2,100 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $16.10, for a total transaction of $33,810.00. Following the completion of the transaction, the insider now owns 27,766 shares in the company, valued at $447,032.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Marc Ferrentino also recently made the following trade(s):

  • On Thursday, September 10th, Marc Ferrentino sold 4,846 shares of Yext stock. The stock was sold at an average price of $17.03, for a total transaction of $82,527.38.

NYSE YEXT opened at $15.22 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $1.82 billion, a PE ratio of -13.71 and a beta of 1.59. The company has a 50 day moving average price of $17.23 and a two-hundred day moving average price of $14.97. Yext Inc has a 12-month low of $8.56 and a 12-month high of $20.90.

Yext (NYSE:YEXT) last posted its earnings results on Thursday, September 3rd. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.05. The firm had revenue of $88.06 million during the quarter, compared to analysts’ expectations of $85.14 million. Yext had a negative net margin of 38.54% and a negative return on equity of 63.74%. The company’s revenue was up 21.7% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.11) earnings per share. As a group, equities analysts anticipate that Yext Inc will post -0.89 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of YEXT. FMR LLC lifted its stake in Yext by 25.1% in the second quarter. FMR LLC now owns 5,269,645 shares of the company’s stock valued at $87,528,000 after acquiring an additional 1,058,394 shares during the last quarter. Vanguard Group Inc. increased its position in Yext by 10.7% during the second quarter. Vanguard Group Inc. now owns 9,022,308 shares of the company’s stock worth $149,860,000 after acquiring an additional 872,904 shares during the period. Janus Henderson Group PLC increased its position in Yext by 10.1% during the first quarter. Janus Henderson Group PLC now owns 5,607,792 shares of the company’s stock worth $57,143,000 after acquiring an additional 515,614 shares during the period. Champlain Investment Partners LLC increased its position in Yext by 6.6% during the first quarter. Champlain Investment Partners LLC now owns 8,363,320 shares of the company’s stock worth $85,222,000 after acquiring an additional 514,525 shares during the period. Finally, Man Group plc bought a new position in Yext during the second quarter worth $7,993,000. Hedge funds and other institutional investors own 70.61% of the company’s stock.

Several equities analysts have commented on YEXT shares. Oppenheimer started coverage on shares of Yext in a research note on Friday, June 5th. They set a “buy” rating and a $18.00 target price on the stock. Morgan Stanley raised their target price on shares of Yext from $12.00 to $13.00 and gave the company an “underweight” rating in a research note on Friday, September 4th. William Blair assumed coverage on shares of Yext in a research note on Tuesday, June 23rd. They set an “outperform” rating on the stock. SunTrust Banks lowered their price objective on shares of Yext from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, June 5th. Finally, Needham & Company LLC raised their target price on shares of Yext from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company’s stock. Yext currently has an average rating of “Buy” and an average target price of $19.00.

About Yext

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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