Yext Inc (NYSE:YEXT) CFO Steven Cakebread sold 10,000 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $11.19, for a total transaction of $111,900.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Steven Cakebread also recently made the following trade(s):

  • On Thursday, February 1st, Steven Cakebread sold 10,000 shares of Yext stock. The shares were sold at an average price of $11.90, for a total transaction of $119,000.00.
  • On Thursday, January 25th, Steven Cakebread sold 10,000 shares of Yext stock. The shares were sold at an average price of $12.19, for a total transaction of $121,900.00.
  • On Thursday, January 18th, Steven Cakebread sold 10,000 shares of Yext stock. The shares were sold at an average price of $12.56, for a total transaction of $125,600.00.

Shares of Yext Inc (NYSE YEXT) traded up $0.03 during trading on Friday, hitting $10.87. 345,666 shares of the stock traded hands, compared to its average volume of 488,735. The firm has a market capitalization of $988.94 and a P/E ratio of -11.56. Yext Inc has a twelve month low of $10.58 and a twelve month high of $15.11.

Yext (NYSE:YEXT) last posted its quarterly earnings results on Thursday, November 30th. The company reported ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.18) by ($0.01). Yext had a negative return on equity of 157.17% and a negative net margin of 40.63%. analysts expect that Yext Inc will post -0.7 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Ontario Teachers Pension Plan Board boosted its stake in Yext by 200.0% during the fourth quarter. Ontario Teachers Pension Plan Board now owns 1,500,000 shares of the company’s stock worth $18,045,000 after buying an additional 1,000,000 shares in the last quarter. American International Group Inc. boosted its stake in Yext by 94.5% during the fourth quarter. American International Group Inc. now owns 15,811 shares of the company’s stock worth $190,000 after buying an additional 7,683 shares in the last quarter. Virtu Financial LLC acquired a new stake in Yext during the fourth quarter worth $345,000. Royce & Associates LP acquired a new stake in Yext during the fourth quarter worth $890,000. Finally, BlackRock Inc. boosted its stake in Yext by 73.5% during the fourth quarter. BlackRock Inc. now owns 1,257,040 shares of the company’s stock worth $15,122,000 after buying an additional 532,722 shares in the last quarter. Hedge funds and other institutional investors own 27.85% of the company’s stock.

YEXT has been the topic of several recent research reports. KeyCorp reaffirmed a “buy” rating and set a $16.00 price objective on shares of Yext in a research report on Sunday, December 10th. BidaskClub lowered shares of Yext from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Zacks Investment Research raised shares of Yext from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Finally, Piper Jaffray Companies reissued a “buy” rating and issued a $17.00 price target on shares of Yext in a research report on Thursday, October 12th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $16.20.

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About Yext

Yext Inc is a knowledge engine provider. Yext puts business on the map. The Yext Knowledge Engine enables companies to manage their digital knowledge in the cloud and sync it to over 100 services in the PowerListings Network, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.

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

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