Press coverage about Yext (NYSE:YEXT) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yext earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.4514847802023 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s rankings:
Several analysts have recently issued reports on YEXT shares. KeyCorp raised shares of Yext from a “sector weight” rating to an “overweight” rating in a research note on Monday, October 16th. Royal Bank of Canada reaffirmed a “buy” rating and set a $18.00 price target on shares of Yext in a research report on Friday, September 22nd. Zacks Investment Research raised shares of Yext from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. BidaskClub upgraded shares of Yext from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. Finally, Piper Jaffray Companies reiterated a “buy” rating and issued a $17.00 price objective on shares of Yext in a report on Thursday, October 12th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $16.20.
Yext (NYSE YEXT) remained flat at $$12.06 on Friday. The stock had a trading volume of 271,780 shares, compared to its average volume of 675,512. Yext has a twelve month low of $11.03 and a twelve month high of $15.11.
In other news, CEO Howard Lerman sold 30,000 shares of the stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $11.22, for a total value of $336,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Brian Distelburger sold 8,160 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $14.53, for a total transaction of $118,564.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 576,299 shares of company stock valued at $7,082,516.
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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.
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