Wells Fargo & Company MN Acquires 14,975 Shares of Yext Inc (YEXT)
Wells Fargo & Company MN raised its holdings in Yext Inc (NYSE:YEXT) by 29,950.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,025 shares of the company’s stock after purchasing an additional 14,975 shares during the period. Wells Fargo & Company MN’s holdings in Yext were worth $200,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada purchased a new position in shares of Yext in the second quarter worth about $100,000. Cubist Systematic Strategies LLC purchased a new position in shares of Yext in the second quarter worth about $146,000. Rhumbline Advisers purchased a new position in shares of Yext in the second quarter worth about $164,000. Alliancebernstein L.P. purchased a new position in shares of Yext in the second quarter worth about $172,000. Finally, New York State Common Retirement Fund purchased a new position in shares of Yext in the second quarter worth about $173,000. Hedge funds and other institutional investors own 27.85% of the company’s stock.
In other Yext news, President Brian Distelburger sold 8,160 shares of Yext stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $12.64, for a total transaction of $103,142.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Tom Christopher Dixon sold 12,500 shares of Yext stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $10.78, for a total transaction of $134,750.00. The disclosure for this sale can be found here. Insiders sold 663,580 shares of company stock valued at $8,109,155 over the last 90 days.
Yext Inc (NYSE YEXT) opened at $10.84 on Friday. Yext Inc has a 1 year low of $10.58 and a 1 year high of $15.11. The company has a market cap of $988.94 and a P/E ratio of -11.53.
Yext (NYSE:YEXT) last released its quarterly earnings data on Thursday, November 30th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.01). Yext had a negative net margin of 40.63% and a negative return on equity of 157.17%. equities analysts forecast that Yext Inc will post -0.7 EPS for the current fiscal year.
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.
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