Yext Inc. (NYSE:YEXT) CEO Howard Lerman sold 25,000 shares of Yext stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $12.04, for a total transaction of $301,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Yext (NYSE:YEXT) last announced its quarterly earnings results on Wednesday, September 6th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.14) by ($0.04). The business had revenue of $40.77 million during the quarter, compared to analyst estimates of $40.30 million. During the same period last year, the company earned ($0.22) earnings per share. Yext’s revenue was up 37.9% on a year-over-year basis.
ILLEGAL ACTIVITY NOTICE: “Yext Inc. (YEXT) CEO Howard Lerman Sells 25,000 Shares of Stock” was reported by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://www.tickerreport.com/banking-finance/2957939/yext-inc-yext-ceo-howard-lerman-sells-25000-shares-of-stock.html.
A number of institutional investors have recently made changes to their positions in the business. FMR LLC acquired a new stake in Yext during the 2nd quarter valued at $107,196,000. Insight Holdings Group LLC acquired a new stake in Yext during the 2nd quarter valued at $102,783,000. Power Corp of Canada acquired a new stake in Yext during the 2nd quarter valued at $20,889,000. Bamco Inc. NY acquired a new stake in Yext during the 2nd quarter valued at $16,784,000. Finally, Janus Henderson Group PLC acquired a new stake in Yext during the 2nd quarter valued at $14,534,000. 29.18% of the stock is owned by institutional investors and hedge funds.
A number of analysts have issued reports on the stock. Zacks Investment Research cut shares of Yext from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Royal Bank Of Canada reiterated a “buy” rating and issued a $18.00 target price on shares of Yext in a research note on Friday, September 22nd. Piper Jaffray Companies reiterated a “buy” rating and issued a $17.00 target price on shares of Yext in a research note on Monday, August 28th. Finally, BidaskClub upgraded shares of Yext from a “sell” rating to a “hold” rating in a research note on Thursday, September 7th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $16.25.
Yext Inc is a knowledge engine provider. Yext puts business on the map. The Yext Knowledge Engine enables companies to manage their digital knowledge in the cloud and sync it to over 100 services in the PowerListings Network, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.
Receive News & Ratings for Yext Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yext Inc. and related companies with MarketBeat.com's FREE daily email newsletter.