Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $10.75, for a total transaction of $322,500.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, January 30th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $11.75, for a total transaction of $352,500.00.
  • On Tuesday, January 23rd, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $12.46, for a total transaction of $373,800.00.
  • On Tuesday, January 16th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $12.31, for a total transaction of $369,300.00.
  • On Tuesday, January 9th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $11.22, for a total transaction of $336,600.00.
  • On Tuesday, January 2nd, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $11.77, for a total transaction of $353,100.00.
  • On Tuesday, December 26th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $11.99, for a total transaction of $359,700.00.
  • On Tuesday, December 19th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $12.16, for a total transaction of $364,800.00.
  • On Tuesday, December 12th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.21, for a total transaction of $305,250.00.
  • On Tuesday, December 5th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.81, for a total transaction of $320,250.00.
  • On Tuesday, November 28th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $14.07, for a total transaction of $351,750.00.

Shares of Yext Inc (YEXT) opened at $10.87 on Friday. Yext Inc has a fifty-two week low of $10.58 and a fifty-two week high of $15.11.

Yext (NYSE:YEXT) last posted its quarterly earnings data on Thursday, November 30th. The company reported ($0.19) earnings per share for the quarter, missing the Thomson Reuters’ 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%. sell-side analysts anticipate that Yext Inc will post -0.7 earnings per share for the current year.

Several analysts have recently weighed in on the stock. KeyCorp reaffirmed a “buy” rating and set a $16.00 price objective on shares of Yext in a report on Sunday, December 10th. Zacks Investment Research raised shares of Yext from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Finally, BidaskClub raised shares of Yext from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $16.20.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada acquired a new stake in shares of Yext during the second quarter worth approximately $100,000. Grace & White Inc. NY acquired a new stake in shares of Yext in the fourth quarter valued at approximately $126,000. Teacher Retirement System of Texas acquired a new stake in shares of Yext in the fourth quarter valued at approximately $131,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Yext in the second quarter valued at approximately $146,000. Finally, Rhumbline Advisers acquired a new stake in shares of Yext in the second quarter valued at approximately $164,000. 27.85% of the stock is owned by institutional investors.

ILLEGAL ACTIVITY NOTICE: This piece of content was first published by Daily Political and is owned by of Daily Political. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.dailypolitical.com/2018/02/11/howard-lerman-sells-30000-shares-of-yext-inc-yext-stock.html.

Yext Company Profile

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)

Receive News & Ratings for Yext Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yext and related companies with MarketBeat.com's FREE daily email newsletter.