Yext Inc (NYSE:YEXT) CTO Sells $44,650.00 in Stock

Yext Inc (NYSE:YEXT) CTO Tom Christopher Dixon sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $17.86, for a total value of $44,650.00. Following the completion of the transaction, the chief technology officer now directly owns 171,408 shares of the company’s stock, valued at approximately $3,061,346.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Tuesday, June 30th, Tom Christopher Dixon sold 2,500 shares of Yext stock. The shares were sold at an average price of $16.40, for a total value of $41,000.00.
  • On Monday, June 22nd, Tom Christopher Dixon sold 2,500 shares of Yext stock. The shares were sold at an average price of $16.79, for a total value of $41,975.00.
  • On Thursday, June 18th, Tom Christopher Dixon sold 2,500 shares of Yext stock. The stock was sold at an average price of $16.68, for a total transaction of $41,700.00.
  • On Wednesday, June 10th, Tom Christopher Dixon sold 2,500 shares of Yext stock. The shares were sold at an average price of $15.13, for a total transaction of $37,825.00.
  • On Tuesday, June 2nd, Tom Christopher Dixon sold 2,500 shares of Yext stock. The shares were sold at an average price of $16.51, for a total transaction of $41,275.00.
  • On Tuesday, May 26th, Tom Christopher Dixon sold 2,500 shares of Yext stock. The stock was sold at an average price of $15.17, for a total transaction of $37,925.00.
  • On Wednesday, May 13th, Tom Christopher Dixon sold 2,500 shares of Yext stock. The shares were sold at an average price of $13.46, for a total value of $33,650.00.
  • On Tuesday, May 5th, Tom Christopher Dixon sold 2,500 shares of Yext stock. The shares were sold at an average price of $12.93, for a total value of $32,325.00.
  • On Monday, April 27th, Tom Christopher Dixon sold 2,500 shares of Yext stock. The stock was sold at an average price of $12.26, for a total value of $30,650.00.
  • On Thursday, April 23rd, Tom Christopher Dixon sold 2,500 shares of Yext stock. The shares were sold at an average price of $11.71, for a total value of $29,275.00.

NYSE:YEXT opened at $18.20 on Friday. The company has a market cap of $2.12 billion, a price-to-earnings ratio of -15.69 and a beta of 1.58. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.57 and a current ratio of 1.57. The stock’s fifty day moving average price is $16.28 and its two-hundred day moving average price is $14.35. Yext Inc has a 52-week low of $8.56 and a 52-week high of $22.65.

Yext (NYSE:YEXT) last released its earnings results on Thursday, June 4th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. The company had revenue of $85.40 million during the quarter, compared to the consensus estimate of $82.14 million. Yext had a negative return on equity of 63.32% and a negative net margin of 41.78%. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.05) earnings per share. On average, equities analysts predict that Yext Inc will post -1.04 EPS for the current fiscal year.

A number of research analysts have issued reports on YEXT shares. Royal Bank of Canada reissued a “buy” rating and set a $18.00 price objective on shares of Yext in a report on Sunday, June 7th. Morgan Stanley boosted their price target on shares of Yext from $10.00 to $12.00 and gave the company an “underweight” rating in a research report on Friday, June 5th. Berenberg Bank lowered shares of Yext from a “buy” rating to a “hold” rating and set a $15.00 price objective for the company. in a report on Tuesday, June 9th. MKM Partners began coverage on shares of Yext in a research note on Wednesday, June 24th. They issued a “buy” rating and a $25.00 target price for the company. Finally, Zacks Investment Research upgraded Yext from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research report on Saturday, May 30th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $18.55.

Large investors have recently made changes to their positions in the business. Bullseye Asset Management LLC bought a new position in shares of Yext in the 4th quarter valued at about $69,000. Spearhead Capital Advisors LLC acquired a new stake in Yext during the 1st quarter worth $114,000. Arizona State Retirement System bought a new stake in shares of Yext during the 1st quarter valued at $148,000. Parametric Portfolio Associates LLC lifted its stake in shares of Yext by 8.0% in the 1st quarter. Parametric Portfolio Associates LLC now owns 14,733 shares of the company’s stock valued at $150,000 after purchasing an additional 1,087 shares during the period. Finally, Invesco Ltd. bought a new position in shares of Yext in the 1st quarter worth $175,000. 68.78% of the stock is owned by hedge funds and other institutional investors.

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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