Yext Inc (NYSE:YEXT) President Sells $91,639.62 in Stock

Yext Inc (NYSE:YEXT) President Brian Distelburger sold 4,566 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $20.07, for a total transaction of $91,639.62. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Wednesday, June 19th, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $20.42, for a total transaction of $204,200.00.
  • On Wednesday, June 12th, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $20.05, for a total transaction of $200,500.00.
  • On Wednesday, May 29th, Brian Distelburger sold 300 shares of Yext stock. The stock was sold at an average price of $20.16, for a total transaction of $6,048.00.
  • On Wednesday, May 22nd, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $21.17, for a total transaction of $211,700.00.
  • On Wednesday, May 8th, Brian Distelburger sold 10,000 shares of Yext stock. The stock was sold at an average price of $21.28, for a total transaction of $212,800.00.
  • On Wednesday, May 1st, Brian Distelburger sold 60,000 shares of Yext stock. The stock was sold at an average price of $21.75, for a total transaction of $1,305,000.00.
  • On Monday, April 29th, Brian Distelburger sold 100,000 shares of Yext stock. The stock was sold at an average price of $21.07, for a total transaction of $2,107,000.00.
  • On Thursday, April 25th, Brian Distelburger sold 110,000 shares of Yext stock. The stock was sold at an average price of $20.38, for a total transaction of $2,241,800.00.
  • On Tuesday, April 23rd, Brian Distelburger sold 100,000 shares of Yext stock. The stock was sold at an average price of $20.28, for a total transaction of $2,028,000.00.
  • On Thursday, April 18th, Brian Distelburger sold 60,000 shares of Yext stock. The stock was sold at an average price of $20.57, for a total transaction of $1,234,200.00.

Shares of YEXT stock opened at $18.97 on Thursday. The company has a fifty day simple moving average of $20.03. Yext Inc has a 52 week low of $12.90 and a 52 week high of $27.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.14 and a current ratio of 2.14. The stock has a market cap of $2.15 billion, a P/E ratio of -24.96 and a beta of 1.13.

Yext (NYSE:YEXT) last issued its earnings results on Thursday, May 30th. The company reported ($0.18) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.02. Yext had a negative net margin of 32.59% and a negative return on equity of 68.88%. The business had revenue of $68.71 million for the quarter, compared to the consensus estimate of $66.74 million. During the same quarter last year, the firm posted ($0.10) EPS. The business’s revenue for the quarter was up 34.8% compared to the same quarter last year. As a group, equities analysts forecast that Yext Inc will post -0.86 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on the stock. Zacks Investment Research raised shares of Yext from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Saturday, June 22nd. SunTrust Banks reissued a “buy” rating and issued a $30.00 target price on shares of Yext in a research note on Wednesday, May 29th. Finally, ValuEngine downgraded shares of Yext from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 10th. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. Yext has a consensus rating of “Buy” and a consensus price target of $23.71.

Several hedge funds have recently modified their holdings of YEXT. Ropes Wealth Advisors LLC purchased a new position in shares of Yext in the 1st quarter valued at $33,000. Quantamental Technologies LLC purchased a new position in shares of Yext in the 1st quarter valued at $46,000. Flagship Harbor Advisors LLC raised its stake in shares of Yext by 4,800.0% in the 1st quarter. Flagship Harbor Advisors LLC now owns 2,450 shares of the company’s stock valued at $53,000 after acquiring an additional 2,400 shares during the period. FMR LLC raised its stake in shares of Yext by 10.5% in the 4th quarter. FMR LLC now owns 9,462 shares of the company’s stock valued at $141,000 after acquiring an additional 900 shares during the period. Finally, New World Advisors LLC purchased a new position in shares of Yext in the 4th quarter valued at $164,000. 57.88% of the stock is currently owned by institutional investors and hedge funds.

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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