Yext Inc (YEXT) CEO Sells $682,500.00 in Stock

Share on StockTwits

Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $22.75, for a total value of $682,500.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • On Monday, March 11th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $23.04, for a total value of $691,200.00.
  • On Tuesday, March 5th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $19.37, for a total value of $581,100.00.
  • On Wednesday, February 27th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $18.18, for a total value of $545,400.00.
  • On Thursday, February 21st, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $18.20, for a total value of $546,000.00.
  • On Friday, February 15th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $17.99, for a total value of $539,700.00.
  • On Thursday, February 7th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $17.12, for a total value of $513,600.00.
  • On Friday, February 1st, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $15.71, for a total value of $471,300.00.
  • On Wednesday, January 30th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $15.01, for a total value of $450,300.00.
  • On Friday, January 25th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $14.76, for a total value of $442,800.00.
  • On Thursday, January 17th, Howard Lerman sold 30,000 shares of Yext stock. The stock was sold at an average price of $14.57, for a total value of $437,100.00.

YEXT stock opened at $22.66 on Monday. Yext Inc has a 52-week low of $11.70 and a 52-week high of $27.19. The firm has a market cap of $2.30 billion, a PE ratio of -29.82 and a beta of 0.89.

Yext (NYSE:YEXT) last issued its earnings results on Wednesday, March 6th. The company reported ($0.03) earnings per share 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 analyst estimates of $62.77 million. Yext had a negative return on equity of 104.67% and a negative net margin of 34.74%. The business’s quarterly revenue was up 32.9% on a year-over-year basis. During the same period last year, the company posted ($0.10) EPS. Research analysts expect that Yext Inc will post -0.84 EPS for the current fiscal year.

Several research firms have recently issued reports on YEXT. Morgan Stanley raised their price objective on Yext from $15.00 to $16.00 and gave the stock an “underweight” rating in a report on Thursday, March 7th. Oppenheimer began coverage on Yext in a report on Thursday, January 24th. They set an “outperform” rating and a $23.00 price objective on the stock. SunTrust Banks restated a “buy” rating and set a $28.00 price objective on shares of Yext in a report on Friday, December 14th. DA Davidson decreased their price objective on Yext to $24.00 and set a “buy” rating on the stock in a report on Monday, December 3rd. They noted that the move was a valuation call. Finally, KeyCorp restated a “hold” rating on shares of Yext in a report on Thursday, November 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $22.71.

Several institutional investors and hedge funds have recently modified their holdings of YEXT. Bank of New York Mellon Corp raised its position in shares of Yext by 431.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 373,507 shares of the company’s stock worth $7,224,000 after buying an additional 303,271 shares during the period. First Trust Advisors LP purchased a new position in shares of Yext in the 3rd quarter worth $6,719,000. State Board of Administration of Florida Retirement System raised its position in shares of Yext by 13.2% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 30,986 shares of the company’s stock worth $734,000 after buying an additional 3,610 shares during the period. Wells Fargo & Company MN raised its position in shares of Yext by 4.6% in the 3rd quarter. Wells Fargo & Company MN now owns 88,458 shares of the company’s stock worth $2,097,000 after buying an additional 3,897 shares during the period. Finally, Dupont Capital Management Corp purchased a new position in shares of Yext in the 3rd quarter worth $703,000. 54.06% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This story was first posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another site, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this story can be read at https://www.tickerreport.com/banking-finance/4229701/yext-inc-yext-ceo-sells-682500-00-in-stock.html.

About Yext

Yext, Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud in North America and Europe. 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 PowerListings Network of approximately 150 third-party maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks.

Featured Story: What is the Federal Reserve?

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

Receive News & Ratings for Yext Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yext and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Recent Research Analysts’ Ratings Updates for Cadence Bancorp
Recent Research Analysts’ Ratings Updates for Cadence Bancorp
BioScrip  Hits New 1-Year Low at $1.68
BioScrip Hits New 1-Year Low at $1.68
Novacoin Price Hits $0.53 on Top Exchanges
Novacoin Price Hits $0.53 on Top Exchanges
Niobio Cash Hits 1-Day Volume of $427.00
Niobio Cash Hits 1-Day Volume of $427.00
BitMart Token  Price Hits $0.0265 on Top Exchanges
BitMart Token Price Hits $0.0265 on Top Exchanges
Contrasting X Financial  and Its Peers
Contrasting X Financial and Its Peers


© 2006-2019 Ticker Report