Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the stock in a transaction that occurred on Thursday, July 11th. The shares were sold at an average price of $20.65, for a total transaction of $619,500.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Tuesday, July 2nd, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $20.38, for a total transaction of $611,400.00.
  • On Friday, June 28th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $19.99, for a total transaction of $599,700.00.
  • On Friday, June 21st, Howard Lerman sold 17,921 shares of Yext stock. The shares were sold at an average price of $20.05, for a total transaction of $359,316.05.
  • On Monday, June 17th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $20.62, for a total transaction of $618,600.00.
  • On Tuesday, June 11th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $19.66, for a total transaction of $589,800.00.
  • On Monday, June 3rd, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $18.25, for a total transaction of $547,500.00.
  • On Thursday, May 30th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $19.27, for a total transaction of $578,100.00.
  • On Tuesday, May 28th, Howard Lerman sold 60,000 shares of Yext stock. The shares were sold at an average price of $20.36, for a total transaction of $1,221,600.00.
  • On Thursday, May 16th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $21.50, for a total transaction of $645,000.00.
  • On Monday, May 6th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $22.20, for a total transaction of $666,000.00.

Shares of NYSE YEXT traded down $0.01 during midday trading on Friday, reaching $20.66. The company had a trading volume of 326,540 shares, compared to its average volume of 930,115. The company’s 50-day moving average is $19.77. The company has a market cap of $2.29 billion, a PE ratio of -27.18 and a beta of 1.14. Yext Inc has a 1 year low of $12.90 and a 1 year high of $27.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.14 and a current ratio of 2.14.

Yext (NYSE:YEXT) last posted its quarterly earnings results on Thursday, May 30th. The company reported ($0.18) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.02. The business had revenue of $68.71 million during the quarter, compared to analysts’ expectations of $66.74 million. Yext had a negative net margin of 32.59% and a negative return on equity of 68.88%. The business’s quarterly revenue was up 34.8% on a year-over-year basis. During the same quarter last year, the company posted ($0.10) earnings per share. Equities analysts expect that Yext Inc will post -0.84 EPS for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of YEXT. Baillie Gifford & Co. grew its position in Yext by 421.5% during the first quarter. Baillie Gifford & Co. now owns 6,747,519 shares of the company’s stock valued at $147,501,000 after buying an additional 5,453,728 shares during the period. Clearbridge Investments LLC grew its position in Yext by 25.9% during the first quarter. Clearbridge Investments LLC now owns 3,204,760 shares of the company’s stock valued at $70,056,000 after buying an additional 658,477 shares during the period. BlackRock Inc. grew its position in Yext by 11.3% during the fourth quarter. BlackRock Inc. now owns 5,810,456 shares of the company’s stock valued at $86,285,000 after buying an additional 588,161 shares during the period. Norges Bank acquired a new stake in Yext during the fourth quarter valued at $7,743,000. Finally, Champlain Investment Partners LLC grew its position in Yext by 15.9% during the first quarter. Champlain Investment Partners LLC now owns 3,748,305 shares of the company’s stock valued at $81,938,000 after buying an additional 512,935 shares during the period. 57.88% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts recently commented on the stock. SunTrust Banks increased their target price on shares of Anaplan to $52.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. Zacks Investment Research reaffirmed a “sell” rating on shares of ZALANDO SE/ADR in a report on Sunday, June 30th. Finally, ValuEngine cut shares of Yext from a “strong-buy” rating to a “buy” rating in a report on Friday, May 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $23.71.

About Yext

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

Further Reading: Are analyst ratings accurate?

Insider Buying and Selling by Quarter for Yext (NYSE:YEXT)

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