Tom Christopher Dixon Sells 32,500 Shares of Yext Inc (YEXT) Stock

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Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 32,500 shares of Yext stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $24.79, for a total value of $805,675.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Tuesday, August 28th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $26.46, for a total value of $330,750.00.
  • On Tuesday, August 21st, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $24.44, for a total value of $305,500.00.
  • On Tuesday, August 14th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $23.80, for a total value of $297,500.00.
  • On Tuesday, August 7th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $21.65, for a total value of $270,625.00.
  • On Wednesday, August 1st, Tom Christopher Dixon sold 32,500 shares of Yext stock. The stock was sold at an average price of $21.65, for a total value of $703,625.00.
  • On Tuesday, July 24th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $18.98, for a total transaction of $237,250.00.
  • On Tuesday, July 17th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $18.66, for a total transaction of $233,250.00.
  • On Tuesday, July 10th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $19.43, for a total transaction of $242,875.00.
  • On Tuesday, July 3rd, Tom Christopher Dixon sold 32,500 shares of Yext stock. The stock was sold at an average price of $19.52, for a total transaction of $634,400.00.
  • On Tuesday, June 26th, Tom Christopher Dixon sold 12,500 shares of Yext stock. The stock was sold at an average price of $19.06, for a total transaction of $238,250.00.

NYSE YEXT traded up $0.13 during trading hours on Thursday, reaching $25.22. The company’s stock had a trading volume of 649,200 shares, compared to its average volume of 975,792. Yext Inc has a 52 week low of $10.58 and a 52 week high of $27.19. The stock has a market capitalization of $2.45 billion, a P/E ratio of -29.60 and a beta of 0.74.

Yext (NYSE:YEXT) last issued its earnings results on Thursday, August 30th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.01. Yext had a negative net margin of 36.92% and a negative return on equity of 89.43%. The firm had revenue of $55.10 million for the quarter, compared to analysts’ expectations of $53.67 million. research analysts anticipate that Yext Inc will post -0.74 earnings per share for the current year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. raised its holdings in shares of Yext by 297.0% during the second quarter. BlackRock Inc. now owns 5,147,131 shares of the company’s stock valued at $99,546,000 after buying an additional 3,850,702 shares during the last quarter. Summit Trail Advisors LLC raised its holdings in shares of Yext by 1,470.6% during the first quarter. Summit Trail Advisors LLC now owns 3,525,790 shares of the company’s stock valued at $3,526,000 after buying an additional 3,301,309 shares during the last quarter. Ontario Teachers Pension Plan Board raised its holdings in shares of Yext by 79.0% during the first quarter. Ontario Teachers Pension Plan Board now owns 2,684,313 shares of the company’s stock valued at $33,957,000 after buying an additional 1,184,313 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Yext by 3.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 2,013,764 shares of the company’s stock valued at $25,474,000 after buying an additional 76,015 shares during the last quarter. Finally, Bamco Inc. NY raised its holdings in shares of Yext by 7.0% during the first quarter. Bamco Inc. NY now owns 1,879,163 shares of the company’s stock valued at $23,771,000 after buying an additional 122,814 shares during the last quarter. 53.55% of the stock is currently owned by institutional investors.

A number of brokerages have issued reports on YEXT. KeyCorp reissued a “hold” rating on shares of Yext in a report on Thursday, August 30th. SunTrust Banks began coverage on shares of Yext in a report on Monday, August 13th. They issued a “buy” rating on the stock. Piper Jaffray Companies reissued a “buy” rating and issued a $25.00 target price on shares of Yext in a report on Wednesday, July 25th. Zacks Investment Research cut shares of Yext from a “buy” rating to a “hold” rating in a report on Wednesday, August 1st. Finally, Morgan Stanley raised their target price on shares of Yext from $14.00 to $15.00 and gave the stock an “equal weight” rating in a report on Friday, June 1st. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $19.00.

About Yext

Yext, Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud in North America and Europe. 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 PowerListings 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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