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

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

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

  • On Tuesday, November 28th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $14.07, for a total transaction of $351,750.00.
  • On Tuesday, November 21st, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.94, for a total transaction of $323,500.00.
  • On Wednesday, November 8th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.10, for a total transaction 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 transaction of $300,250.00.
  • On Tuesday, October 24th, Howard Lerman sold 4,039 shares of Yext stock. The stock was sold at an average price of $12.00, for a total transaction of $48,468.00.
  • On Wednesday, October 18th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.09, for a total transaction of $302,250.00.
  • On Tuesday, October 10th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.04, for a total transaction of $301,000.00.

Yext Inc. (NYSE:YEXT) opened at $13.49 on Friday. Yext Inc. has a fifty-two week low of $11.12 and a fifty-two week high of $15.11.

Yext (NYSE:YEXT) last issued its earnings results on Wednesday, September 6th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.04). The company had revenue of $40.77 million for the quarter, compared to analysts’ expectations of $40.30 million. During the same period in the previous year, the business posted ($0.22) earnings per share. Yext’s revenue was up 37.9% compared to the same quarter last year. research analysts anticipate that Yext Inc. will post -0.71 earnings per share for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in YEXT. Power Corp of Canada purchased a new position in Yext in the second quarter valued at $20,889,000. Spark Investment Management LLC purchased a new position in Yext in the second quarter valued at $1,530,000. Kornitzer Capital Management Inc. KS purchased a new position in Yext in the second quarter valued at $280,000. Emerald Mutual Fund Advisers Trust purchased a new position in Yext in the second quarter valued at $400,000. Finally, TD Asset Management Inc. purchased a new position in Yext in the second quarter valued at $933,000. 28.90% of the stock is owned by institutional investors.

Several equities research analysts have recently commented on the stock. KeyCorp reiterated a “buy” rating and set a $16.00 price objective on shares of Yext in a research note on Thursday. Zacks Investment Research upgraded shares of Yext from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. BidaskClub raised shares of Yext from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. Piper Jaffray Companies reissued a “buy” rating and set a $17.00 target price on shares of Yext in a report on Thursday, October 12th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $18.00 target price on shares of Yext in a report on Friday, September 22nd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Yext currently has a consensus rating of “Hold” and a consensus target price of $16.20.

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About Yext

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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