Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the company’s stock in a transaction on Friday, September 7th. The shares were sold at an average price of $26.62, for a total value of $798,600.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Tuesday, September 4th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $24.80, for a total value of $744,000.00.
  • On Thursday, August 30th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $26.20, for a total value of $786,000.00.
  • On Friday, August 24th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $25.00, for a total value of $750,000.00.
  • On Thursday, August 16th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $23.71, for a total value of $711,300.00.
  • On Wednesday, August 8th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $21.46, for a total value of $643,800.00.
  • On Monday, July 30th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $22.00, for a total value of $660,000.00.
  • On Tuesday, July 24th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $18.98, for a total value of $569,400.00.
  • On Thursday, July 19th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $19.00, for a total value of $570,000.00.
  • On Thursday, July 12th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $18.27, for a total value of $548,100.00.
  • On Friday, July 6th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.32, for a total value of $579,600.00.

YEXT opened at $25.97 on Wednesday. Yext Inc has a 12-month low of $10.58 and a 12-month high of $27.19. The firm has a market cap of $2.65 billion, a PE ratio of -30.55 and a beta of 0.70.

Yext (NYSE:YEXT) last posted its quarterly earnings results on Thursday, August 30th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01. Yext had a negative return on equity of 91.20% and a negative net margin of 36.92%. The business had revenue of $55.10 million for the quarter, compared to the consensus estimate of $53.67 million. research analysts forecast that Yext Inc will post -0.76 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. BlueMountain Capital Management LLC bought a new position in shares of Yext during the 2nd quarter worth $118,000. BB&T Securities LLC bought a new stake in Yext during the first quarter valued at about $180,000. UBS Group AG boosted its position in Yext by 42.2% during the first quarter. UBS Group AG now owns 17,577 shares of the company’s stock valued at $222,000 after purchasing an additional 5,217 shares in the last quarter. United Services Automobile Association bought a new stake in Yext during the second quarter valued at about $223,000. Finally, NumerixS Investment Technologies Inc bought a new stake in Yext during the second quarter valued at about $228,000. 52.60% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on YEXT shares. SunTrust Banks started coverage on Yext in a research report on Monday, August 13th. They set a “buy” rating on the stock. KeyCorp reissued a “hold” rating on shares of Yext in a research report on Thursday, August 30th. Morgan Stanley increased their price target on Yext from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Friday, June 1st. Zacks Investment Research downgraded Yext from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $25.00 price target on shares of Yext in a research report on Wednesday, July 25th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $19.00.

About Yext

Yext, Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud in North America and Europe. 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 PowerListings Network of approximately 150 third-party maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks.

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