Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 60,000 shares of the business’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $17.01, for a total transaction of $1,020,600.00. The sale 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 Tuesday, November 13th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $17.96, for a total transaction of $538,800.00.
  • On Tuesday, October 30th, Howard Lerman sold 60,000 shares of Yext stock. The stock was sold at an average price of $18.40, for a total transaction of $1,104,000.00.
  • On Monday, October 22nd, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.49, for a total transaction of $554,700.00.
  • On Thursday, October 18th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.20, for a total transaction of $576,000.00.
  • On Wednesday, October 10th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.45, for a total transaction of $583,500.00.
  • On Friday, October 5th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $20.92, for a total transaction of $627,600.00.
  • On Tuesday, October 2nd, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $22.72, for a total transaction of $681,600.00.
  • On Thursday, September 27th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $24.19, for a total transaction of $725,700.00.
  • On Friday, September 21st, Howard Lerman sold 63,294 shares of Yext stock. The stock was sold at an average price of $25.04, for a total transaction of $1,584,881.76.
  • On Thursday, September 13th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $25.67, for a total transaction of $770,100.00.

Shares of YEXT stock traded up $0.51 on Tuesday, hitting $16.60. 1,497,800 shares of the stock traded hands, compared to its average volume of 999,858. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of -19.53 and a beta of 1.67. Yext Inc has a twelve month low of $10.58 and a twelve month high of $27.19.

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

Several equities research analysts have issued reports on the stock. KeyCorp reaffirmed a “hold” rating on shares of Yext in a research note on Thursday, August 30th. Morgan Stanley reaffirmed a “hold” rating and set a $26.00 target price (up previously from $15.00) on shares of Yext in a research note on Tuesday, September 18th. SunTrust Banks assumed coverage on shares of Yext in a research note on Monday, August 13th. They set a “buy” rating on the stock. Piper Jaffray Companies reaffirmed a “buy” rating and set a $25.00 target price on shares of Yext in a research note on Wednesday, July 25th. Finally, Zacks Investment Research cut shares of Yext from a “buy” rating to a “hold” rating in a research note on Wednesday, August 1st. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Yext presently has an average rating of “Buy” and an average price target of $24.20.

Several hedge funds have recently made changes to their positions in YEXT. BlueMountain Capital Management LLC acquired a new position in shares of Yext during the 2nd quarter valued at about $118,000. FMR LLC acquired a new position in shares of Yext during the 3rd quarter valued at about $203,000. UBS Group AG boosted its position in shares of Yext by 42.2% during the 1st quarter. UBS Group AG now owns 17,577 shares of the company’s stock valued at $222,000 after acquiring an additional 5,217 shares during the last quarter. United Services Automobile Association acquired a new position in shares of Yext during the 2nd quarter valued at about $223,000. Finally, NumerixS Investment Technologies Inc acquired a new position in shares of Yext during the 2nd quarter valued at about $228,000. 47.15% of the stock is currently owned by hedge funds and other institutional investors.

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Yext Company Profile

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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