Howard Lerman Sells 25,000 Shares of Yext Inc. (YEXT) Stock

Yext Inc. (NYSE:YEXT) CEO Howard Lerman sold 25,000 shares of the stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $12.72, for a total value of $318,000.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Wednesday, November 8th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.10, for a total value of $302,500.00.
  • On Monday, November 6th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.01, for a total value of $300,250.00.
  • On Tuesday, October 24th, Howard Lerman sold 4,039 shares of Yext stock. The shares were sold at an average price of $12.00, for a total value of $48,468.00.
  • On Wednesday, October 18th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.09, for a total value of $302,250.00.
  • On Tuesday, October 10th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.04, for a total value of $301,000.00.

Yext Inc. (NYSE YEXT) opened at $12.92 on Friday. Yext Inc. has a 12-month low of $11.12 and a 12-month high of $15.11.

Yext (NYSE:YEXT) last issued 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 company had revenue of $40.77 million during the quarter, compared to analyst estimates of $40.30 million. The company’s revenue for the quarter was up 37.9% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.22) EPS. equities research analysts expect that Yext Inc. will post -0.71 EPS for the current fiscal year.

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Several large investors have recently made changes to their positions in the company. Royal Bank of Canada acquired a new stake in Yext in the second quarter valued at $100,000. Cubist Systematic Strategies LLC bought a new position in shares of Yext during the 2nd quarter worth about $146,000. Rhumbline Advisers bought a new position in shares of Yext during the 2nd quarter worth about $164,000. Alliancebernstein L.P. bought a new position in Yext in the 2nd quarter valued at about $172,000. Finally, New York State Common Retirement Fund bought a new position in Yext in the 2nd quarter valued at about $173,000. Institutional investors own 29.21% of the company’s stock.

YEXT has been the subject of a number of recent analyst reports. Piper Jaffray Companies reaffirmed a “buy” rating and set a $17.00 price target on shares of Yext in a report on Thursday, October 12th. KeyCorp reissued a “buy” rating and issued a $16.00 target price on shares of Yext in a research note on Sunday, November 5th. Royal Bank Of Canada reissued a “buy” rating and issued a $18.00 target price on shares of Yext in a research note on Friday, September 22nd. Zacks Investment Research upgraded Yext from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Finally, BidaskClub upgraded Yext from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $16.20.

Yext Company Profile

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.

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

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