Yext Inc (NYSE:YEXT) CTO Tom Christopher Dixon Sells 5,000 Shares

Yext Inc (NYSE:YEXT) CTO Tom Christopher Dixon sold 5,000 shares of the firm’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $17.66, for a total value of $88,300.00.

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

  • On Wednesday, August 28th, Tom Christopher Dixon sold 4,166 shares of Yext stock. The shares were sold at an average price of $17.72, for a total value of $73,821.52.
  • On Tuesday, August 6th, Tom Christopher Dixon sold 7,764 shares of Yext stock. The shares were sold at an average price of $19.46, for a total value of $151,087.44.
  • On Friday, July 26th, Tom Christopher Dixon sold 4,167 shares of Yext stock. The shares were sold at an average price of $22.08, for a total value of $92,007.36.
  • On Thursday, July 11th, Tom Christopher Dixon sold 10,000 shares of Yext stock. The shares were sold at an average price of $20.64, for a total value of $206,400.00.
  • On Wednesday, June 26th, Tom Christopher Dixon sold 4,167 shares of Yext stock. The shares were 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 shares were sold at an average price of $20.11, for a total value of $460,478.78.

Shares of NYSE YEXT opened at $17.53 on Thursday. Yext Inc has a 12 month low of $12.90 and a 12 month high of $25.69. The company has a market cap of $1.97 billion, a price-to-earnings ratio of -23.07 and a beta of 1.30. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.48. The business has a fifty day simple moving average of $18.56 and a 200-day simple moving average of $20.23.

Yext (NYSE:YEXT) last announced its earnings results on Thursday, August 29th. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.04). Yext had a negative net margin of 33.57% and a negative return on equity of 57.48%. The company had revenue of $72.37 million for the quarter, compared to analysts’ expectations of $71.86 million. During the same period in the prior year, the company earned ($0.10) earnings per share. The company’s revenue for the quarter was up 31.8% on a year-over-year basis. As a group, sell-side analysts expect that Yext Inc will post -0.99 EPS for the current fiscal year.

Several research analysts recently weighed in on the company. Berenberg Bank set a $27.00 target price on Yext and gave the company a “buy” rating in a research note on Wednesday, September 4th. SunTrust Banks set a $30.00 target price on Yext and gave the company a “buy” rating in a research note on Monday, August 26th. Zacks Investment Research cut Yext from a “buy” rating to a “hold” rating in a research note on Saturday, August 3rd. Finally, Oppenheimer set a $26.00 target price on Yext and gave the company a “buy” rating in a research note on Friday, August 30th. One investment 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 has an average rating of “Buy” and an average target price of $24.33.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Baillie Gifford & Co. lifted its stake in Yext by 26.1% in the 2nd quarter. Baillie Gifford & Co. now owns 8,511,510 shares of the company’s stock worth $170,997,000 after acquiring an additional 1,763,991 shares in the last quarter. BlackRock Inc. lifted its stake in Yext by 23.0% in the 2nd quarter. BlackRock Inc. now owns 7,615,307 shares of the company’s stock worth $152,991,000 after acquiring an additional 1,421,845 shares in the last quarter. Clearbridge Investments LLC lifted its stake in Yext by 25.9% in the 1st 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 in the last quarter. Nuveen Asset Management LLC purchased a new stake in Yext in the 2nd quarter worth about $12,494,000. Finally, Champlain Investment Partners LLC lifted its stake in Yext by 15.9% in the 1st 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 in the last quarter. 61.56% 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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