Yext Inc (NYSE:YEXT) President Brian Distelburger sold 60,000 shares of Yext stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $20.57, for a total value of $1,234,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Brian Distelburger also recently made the following trade(s):

  • On Wednesday, April 10th, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $21.81, for a total value of $218,100.00.
  • On Wednesday, April 3rd, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $22.08, for a total value of $220,800.00.
  • On Wednesday, March 27th, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $20.99, for a total value of $209,900.00.
  • On Thursday, March 21st, Brian Distelburger sold 11,316 shares of Yext stock. The stock was sold at an average price of $22.17, for a total value of $250,875.72.
  • On Wednesday, March 13th, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $22.62, for a total value of $226,200.00.
  • On Wednesday, March 6th, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $20.09, for a total value of $200,900.00.

Shares of NYSE YEXT opened at $20.29 on Friday. The company has a market capitalization of $2.07 billion, a P/E ratio of -26.70 and a beta of 0.94. Yext Inc has a 12-month low of $12.82 and a 12-month high of $27.19.

Yext (NYSE:YEXT) last announced its quarterly earnings results on Wednesday, March 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.06. The business had revenue of $63.80 million for the quarter, compared to the consensus estimate of $62.77 million. Yext had a negative return on equity of 101.77% and a negative net margin of 34.74%. The business’s revenue was up 32.9% on a year-over-year basis. During the same quarter last year, the business posted ($0.10) EPS. On average, analysts forecast that Yext Inc will post -0.85 earnings per share for the current year.

Several research analysts have recently commented on the company. Morgan Stanley lowered Yext from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $18.00 to $15.00 in a research report on Tuesday, January 15th. Oppenheimer assumed coverage on Yext in a research report on Thursday, January 24th. They issued an “outperform” rating and a $23.00 target price for the company. Zacks Investment Research upgraded Yext from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Friday, April 5th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $30.00 target price on shares of Yext in a research report on Monday, March 18th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $23.13.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Flagship Harbor Advisors LLC lifted its holdings in shares of Yext by 4,800.0% in the 1st quarter. Flagship Harbor Advisors LLC now owns 2,450 shares of the company’s stock worth $53,000 after purchasing an additional 2,400 shares during the last quarter. Ropes Wealth Advisors LLC bought a new stake in shares of Yext in the 1st quarter worth approximately $33,000. Spence Asset Management lifted its holdings in shares of Yext by 4.0% in the 1st quarter. Spence Asset Management now owns 232,329 shares of the company’s stock worth $5,079,000 after purchasing an additional 8,898 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Yext by 45.9% in the 4th quarter. Deutsche Bank AG now owns 1,495,142 shares of the company’s stock worth $22,202,000 after purchasing an additional 470,621 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Yext by 3.6% in the 4th quarter. Geode Capital Management LLC now owns 992,825 shares of the company’s stock worth $14,743,000 after purchasing an additional 34,353 shares during the last quarter. 53.85% of the stock is currently owned by institutional investors and hedge funds.

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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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