Yext Inc (NYSE:YEXT) President Brian Distelburger sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $20.02, for a total value of $60,060.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

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

  • On Thursday, August 8th, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.23, for a total value of $202,300.00.
  • On Wednesday, July 31st, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $21.13, for a total value of $211,300.00.
  • On Wednesday, July 24th, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.77, for a total value of $207,700.00.
  • On Wednesday, July 17th, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.93, for a total value of $209,300.00.
  • On Wednesday, July 3rd, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.41, for a total value of $204,100.00.
  • On Friday, June 28th, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.01, for a total value of $200,100.00.
  • On Friday, June 21st, Brian Distelburger sold 4,566 shares of Yext stock. The shares were sold at an average price of $20.07, for a total value of $91,639.62.
  • On Wednesday, June 19th, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.42, for a total value of $204,200.00.
  • On Wednesday, June 12th, Brian Distelburger sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.05, for a total value of $200,500.00.
  • On Wednesday, May 29th, Brian Distelburger sold 300 shares of Yext stock. The shares were sold at an average price of $20.16, for a total value of $6,048.00.

YEXT stock traded up $0.18 during trading on Friday, reaching $19.37. 344,400 shares of the company’s stock were exchanged, compared to its average volume of 587,446. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.15. Yext Inc has a 1-year low of $12.90 and a 1-year high of $27.19. The company’s fifty day moving average price is $20.58 and its 200-day moving average price is $20.29. The firm has a market cap of $2.14 billion, a PE ratio of -25.49 and a beta of 1.14.

Yext (NYSE:YEXT) last announced 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. Yext had a negative return on equity of 68.88% and a negative net margin of 32.59%. The company had revenue of $68.71 million during the quarter, compared to analyst estimates of $66.74 million. During the same quarter in the previous year, the firm posted ($0.10) EPS. The firm’s quarterly revenue was up 34.8% on a year-over-year basis. As a group, sell-side analysts expect that Yext Inc will post -0.84 earnings per share for the current fiscal year.

A number of hedge funds have recently made changes to their positions in the business. FMR LLC boosted its position in Yext by 10.5% during the 4th quarter. FMR LLC now owns 9,462 shares of the company’s stock worth $141,000 after acquiring an additional 900 shares during the period. Prudential Financial Inc. boosted its position in Yext by 10.3% during the 2nd quarter. Prudential Financial Inc. now owns 15,053 shares of the company’s stock worth $302,000 after acquiring an additional 1,400 shares during the period. Legal & General Group Plc boosted its position in Yext by 5.0% during the 4th quarter. Legal & General Group Plc now owns 31,351 shares of the company’s stock worth $466,000 after acquiring an additional 1,502 shares during the period. Aperio Group LLC acquired a new position in Yext during the 2nd quarter worth $30,000. Finally, Diversified Trust Co boosted its position in Yext by 14.3% during the 1st quarter. Diversified Trust Co now owns 14,230 shares of the company’s stock worth $311,000 after acquiring an additional 1,780 shares during the period. Institutional investors own 57.82% of the company’s stock.

A number of research analysts recently issued reports on the company. ValuEngine lowered Yext from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th. Zacks Investment Research lowered Yext from a “buy” rating to a “hold” rating in a research report on Saturday, August 3rd. Finally, SunTrust Banks reiterated a “buy” rating and set a $30.00 price target on shares of Yext in a research report on Wednesday, May 29th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $23.50.

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.

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

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