Yext Inc (NYSE:YEXT) insider Jim Steele sold 5,000 shares of Yext stock in a transaction on Monday, July 27th. The stock was sold at an average price of $16.24, for a total value of $81,200.00. Following the completion of the sale, the insider now directly owns 9,438 shares of the company’s stock, valued at approximately $153,273.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Jim Steele also recently made the following trade(s):

  • On Monday, July 20th, Jim Steele sold 5,000 shares of Yext stock. The shares were sold at an average price of $17.00, for a total value of $85,000.00.
  • On Monday, July 13th, Jim Steele sold 5,000 shares of Yext stock. The stock was sold at an average price of $17.53, for a total value of $87,650.00.
  • On Monday, July 6th, Jim Steele sold 5,821 shares of Yext stock. The shares were sold at an average price of $17.37, for a total value of $101,110.77.
  • On Monday, June 29th, Jim Steele sold 5,878 shares of Yext stock. The stock was sold at an average price of $16.06, for a total transaction of $94,400.68.
  • On Tuesday, June 23rd, Jim Steele sold 14,551 shares of Yext stock. The stock was sold at an average price of $17.99, for a total transaction of $261,772.49.
  • On Monday, June 15th, Jim Steele sold 5,677 shares of Yext stock. The shares were sold at an average price of $15.14, for a total transaction of $85,949.78.
  • On Monday, June 1st, Jim Steele sold 5,692 shares of Yext stock. The stock was sold at an average price of $15.95, for a total transaction of $90,787.40.
  • On Tuesday, May 26th, Jim Steele sold 60,000 shares of Yext stock. The shares were sold at an average price of $15.18, for a total transaction of $910,800.00.

YEXT stock opened at $16.51 on Friday. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of -14.23 and a beta of 1.58. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.57 and a quick ratio of 1.57. Yext Inc has a 1-year low of $8.56 and a 1-year high of $21.55. The business has a 50 day simple moving average of $16.65 and a two-hundred day simple moving average of $14.58.

Yext (NYSE:YEXT) last issued its earnings results on Thursday, June 4th. The company reported ($0.10) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.02. The firm had revenue of $85.40 million during the quarter, compared to analyst estimates of $82.14 million. Yext had a negative net margin of 41.78% and a negative return on equity of 63.32%. Yext’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.05) earnings per share. Sell-side analysts anticipate that Yext Inc will post -1.04 EPS for the current fiscal year.

Several institutional investors have recently modified their holdings of the company. Credit Suisse AG increased its holdings in shares of Yext by 92.1% in the fourth quarter. Credit Suisse AG now owns 105,912 shares of the company’s stock worth $1,526,000 after purchasing an additional 50,776 shares during the last quarter. Amalgamated Bank grew its holdings in Yext by 5.0% during the 4th quarter. Amalgamated Bank now owns 17,288 shares of the company’s stock valued at $249,000 after buying an additional 824 shares in the last quarter. Guggenheim Capital LLC bought a new stake in Yext in the 4th quarter worth approximately $213,000. Goldman Sachs Group Inc. raised its holdings in shares of Yext by 14.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 433,183 shares of the company’s stock worth $6,247,000 after acquiring an additional 55,109 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Yext by 7.1% during the 4th quarter. Bank of New York Mellon Corp now owns 366,636 shares of the company’s stock valued at $5,287,000 after acquiring an additional 24,440 shares during the last quarter. Hedge funds and other institutional investors own 68.61% of the company’s stock.

A number of equities analysts recently commented on YEXT shares. Needham & Company LLC raised their target price on Yext from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Oppenheimer assumed coverage on Yext in a research note on Friday, June 5th. They issued a “buy” rating and a $18.00 price objective on the stock. Royal Bank of Canada reissued a “buy” rating and issued a $18.00 target price on shares of Yext in a report on Sunday, June 7th. DA Davidson raised their target price on shares of Yext from $17.00 to $18.50 and gave the stock a “buy” rating in a research note on Friday, June 5th. Finally, Zacks Investment Research upgraded shares of Yext from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a research report on Saturday, May 30th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. Yext presently has a consensus rating of “Buy” and a consensus price target of $18.55.

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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