Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the stock in a transaction on Thursday, October 18th. The shares were sold at an average price of $19.20, for a total value of $576,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Wednesday, October 10th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $19.45, for a total value of $583,500.00.
  • On Friday, October 5th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $20.92, for a total value of $627,600.00.
  • On Tuesday, October 2nd, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $22.72, for a total value of $681,600.00.
  • On Thursday, September 27th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $24.19, for a total value of $725,700.00.
  • On Friday, September 21st, Howard Lerman sold 63,294 shares of Yext stock. The shares were sold at an average price of $25.04, for a total value of $1,584,881.76.
  • On Thursday, September 13th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $25.67, for a total value of $770,100.00.
  • On Friday, September 7th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $26.62, for a total value of $798,600.00.
  • 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.

NYSE YEXT opened at $18.60 on Friday. Yext Inc has a 1 year low of $10.58 and a 1 year high of $27.19.

Yext (NYSE:YEXT) last released its quarterly earnings data on Thursday, August 30th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.01. Yext had a negative net margin of 36.92% and a negative return on equity of 91.20%. The company had revenue of $55.10 million during the quarter, compared to the consensus estimate of $53.67 million. Research analysts expect that Yext Inc will post -0.79 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in YEXT. United Services Automobile Association acquired a new stake in shares of Yext during the second quarter worth about $223,000. Northern Trust Corp boosted its stake in shares of Yext by 279.7% during the second quarter. Northern Trust Corp now owns 914,499 shares of the company’s stock worth $17,686,000 after buying an additional 673,620 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Yext by 431.8% during the second quarter. Bank of New York Mellon Corp now owns 373,507 shares of the company’s stock worth $7,224,000 after buying an additional 303,271 shares during the period. Putnam Investments LLC acquired a new stake in shares of Yext during the second quarter worth about $2,528,000. Finally, Millennium Management LLC acquired a new stake in shares of Yext during the second quarter worth about $6,916,000. Institutional investors own 52.64% of the company’s stock.

YEXT has been the topic of several recent analyst reports. DA Davidson initiated coverage on Yext in a report on Monday, October 8th. They issued a “buy” rating and a $28.00 target price on the stock. SunTrust Banks initiated coverage on Yext in a report on Monday, August 13th. They issued a “buy” rating on the stock. Morgan Stanley reissued a “hold” rating and issued a $26.00 target price (up previously from $15.00) on shares of Yext in a report on Tuesday, September 18th. KeyCorp reissued a “hold” rating on shares of Yext in a report on Thursday, August 30th. Finally, Zacks Investment Research downgraded shares of Yext from a “buy” rating to a “hold” rating in a research note on Wednesday, August 1st. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $24.25.

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.

Featured Story: What Are Treasury Bonds?

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.