Tom Christopher Dixon Sells 10,000 Shares of Yext Inc (NYSE:YEXT) Stock

Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $20.64, for a total value of $206,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Tom Christopher Dixon also recently made the following trade(s):

  • On Wednesday, June 26th, Tom Christopher Dixon sold 4,167 shares of Yext stock. The stock was sold at an average price of $19.22, for a total value of $80,089.74.
  • On Friday, June 21st, Tom Christopher Dixon sold 22,898 shares of Yext stock. The stock was sold at an average price of $20.11, for a total value of $460,478.78.
  • On Friday, May 24th, Tom Christopher Dixon sold 4,166 shares of Yext stock. The stock was sold at an average price of $20.29, for a total value of $84,528.14.
  • On Wednesday, April 24th, Tom Christopher Dixon sold 301 shares of Yext stock. The shares were sold at an average price of $20.54, for a total value of $6,182.54.
  • On Tuesday, April 16th, Tom Christopher Dixon sold 2,091 shares of Yext stock. The shares were sold at an average price of $21.52, for a total value of $44,998.32.

Shares of YEXT traded down $0.01 during midday trading on Friday, hitting $20.66. 326,540 shares of the company traded hands, compared to its average volume of 930,115. The firm has a 50 day simple moving average of $19.77. Yext Inc has a 52 week low of $12.90 and a 52 week high of $27.19. The stock has a market cap of $2.29 billion, a PE ratio of -27.18 and a beta of 1.14. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.14 and a current ratio of 2.14.

Yext (NYSE:YEXT) last released its quarterly earnings data on Thursday, May 30th. The company reported ($0.18) EPS for the quarter, beating the 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 during the quarter, compared to the consensus estimate of $66.74 million. During the same quarter in the prior year, the firm earned ($0.10) EPS. The business’s revenue was up 34.8% on a year-over-year basis. On average, equities analysts anticipate that Yext Inc will post -0.84 EPS for the current year.

Several research firms recently issued reports on YEXT. Zacks Investment Research reaffirmed a “sell” rating on shares of ZALANDO SE/ADR in a research report on Sunday, June 30th. ValuEngine cut Yext from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th. Finally, SunTrust Banks upped their price objective on Anaplan to $52.00 and gave the company a “buy” rating in a research report on Wednesday, May 29th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $23.71.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Baillie Gifford & Co. boosted its holdings in shares of Yext by 421.5% during the 1st quarter. Baillie Gifford & Co. now owns 6,747,519 shares of the company’s stock valued at $147,501,000 after purchasing an additional 5,453,728 shares during the last quarter. BlackRock Inc. increased its position in shares of Yext by 11.3% during the fourth quarter. BlackRock Inc. now owns 5,810,456 shares of the company’s stock worth $86,285,000 after acquiring an additional 588,161 shares during the period. Champlain Investment Partners LLC increased its position in shares of Yext by 15.9% during the first quarter. Champlain Investment Partners LLC now owns 3,748,305 shares of the company’s stock worth $81,938,000 after acquiring an additional 512,935 shares during the period. Clearbridge Investments LLC increased its position in shares of Yext by 25.9% during the first quarter. Clearbridge Investments LLC now owns 3,204,760 shares of the company’s stock worth $70,056,000 after acquiring an additional 658,477 shares during the period. Finally, D. E. Shaw & Co. Inc. increased its holdings in Yext by 1.7% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 2,134,698 shares of the company’s stock valued at $31,700,000 after buying an additional 34,882 shares during the period. 57.88% of the stock is 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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