Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 17,921 shares of the stock in a transaction on Friday, June 21st. The shares were sold at an average price of $20.05, for a total value of $359,316.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Monday, June 17th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $20.62, for a total value of $618,600.00.
  • On Tuesday, June 11th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.66, for a total value of $589,800.00.
  • On Monday, June 3rd, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $18.25, for a total value of $547,500.00.
  • On Thursday, May 30th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $19.27, for a total value of $578,100.00.
  • On Tuesday, May 28th, Howard Lerman sold 60,000 shares of Yext stock. The stock was sold at an average price of $20.36, for a total value of $1,221,600.00.
  • On Thursday, May 16th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $21.50, for a total value of $645,000.00.
  • On Monday, May 6th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $22.20, for a total value of $666,000.00.
  • On Wednesday, May 1st, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $21.81, for a total value of $654,300.00.
  • On Friday, April 26th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $20.74, for a total value of $622,200.00.
  • On Monday, April 22nd, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $20.09, for a total value of $602,700.00.

YEXT stock opened at $19.35 on Wednesday. The stock has a 50-day simple moving average of $20.07. 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. The company has a market cap of $2.23 billion, a price-to-earnings ratio of -25.46 and a beta of 1.13.

Yext (NYSE:YEXT) last posted its quarterly earnings data on Thursday, May 30th. The company reported ($0.18) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.20) by $0.02. Yext had a negative return on equity of 68.88% and a negative net margin of 32.59%. The firm had revenue of $68.71 million during the quarter, compared to analyst estimates of $66.74 million. During the same period last year, the company posted ($0.10) EPS. The business’s quarterly revenue was up 34.8% on a year-over-year basis. On average, equities analysts forecast that Yext Inc will post -0.86 earnings per share for the current year.

Several research analysts recently issued reports on the company. SunTrust Banks reaffirmed a “buy” rating and set a $30.00 target price on shares of Yext in a research report on Monday, March 18th. Morgan Stanley raised their target price on Yext from $15.00 to $16.00 and gave the stock an “underweight” rating in a research report on Thursday, March 7th. Zacks Investment Research raised Yext from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Friday, May 3rd. Finally, ValuEngine lowered Yext from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $23.71.

Several hedge funds have recently bought and sold shares of the company. Baillie Gifford & Co. raised its position in shares of Yext by 421.5% in the 1st quarter. Baillie Gifford & Co. now owns 6,747,519 shares of the company’s stock worth $147,501,000 after acquiring an additional 5,453,728 shares in the last quarter. BlackRock Inc. grew its stake in shares of Yext by 11.3% in the 4th 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. Champlain Investment Partners LLC grew its stake in shares of Yext by 15.9% in the 1st 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. Clearbridge Investments LLC grew its stake in shares of Yext by 25.9% in the 1st 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. Finally, D. E. Shaw & Co. Inc. grew its stake in shares of Yext by 1.7% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,134,698 shares of the company’s stock valued at $31,700,000 after buying an additional 34,882 shares during the period. 57.88% of the stock is owned by hedge funds and other institutional investors.

Yext Company Profile

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.

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

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