Yext Inc. (YEXT) President Brian Distelburger Sells 8,160 Shares

Yext Inc. (NYSE:YEXT) President Brian Distelburger sold 8,160 shares of Yext stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $14.53, for a total value of $118,564.80. The transaction was disclosed in a filing with the SEC, which is available at this link.

Brian Distelburger also recently made the following trade(s):

  • On Wednesday, November 22nd, Brian Distelburger sold 8,160 shares of Yext stock. The stock was sold at an average price of $13.02, for a total value of $106,243.20.
  • On Wednesday, November 15th, Brian Distelburger sold 8,160 shares of Yext stock. The stock was sold at an average price of $12.64, for a total value of $103,142.40.
  • On Wednesday, November 8th, Brian Distelburger sold 8,160 shares of Yext stock. The stock was sold at an average price of $12.05, for a total value of $98,328.00.
  • On Wednesday, November 1st, Brian Distelburger sold 8,160 shares of Yext stock. The stock was sold at an average price of $11.39, for a total value of $92,942.40.

Yext Inc. (YEXT) traded up $0.27 during midday trading on Thursday, hitting $14.31. 822,979 shares of the stock were exchanged, compared to its average volume of 318,056. Yext Inc. has a 52 week low of $11.12 and a 52 week high of $15.11.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new stake in shares of Yext in the second quarter valued at approximately $4,223,000. Bank of New York Mellon Corp acquired a new stake in shares of Yext in the second quarter valued at approximately $429,000. Balyasny Asset Management LLC acquired a new stake in shares of Yext in the second quarter valued at approximately $1,070,000. Lord Abbett & CO. LLC acquired a new stake in shares of Yext in the second quarter valued at approximately $1,280,000. Finally, CI Investments Inc. acquired a new stake in shares of Yext in the second quarter valued at approximately $3,333,000. Institutional investors own 28.90% of the company’s stock.

A number of equities research analysts have recently issued reports on YEXT shares. KeyCorp restated a “buy” rating and set a $16.00 price objective on shares of Yext in a report on Sunday, November 5th. BidaskClub cut Yext from a “hold” rating to a “sell” rating in a report on Thursday, October 12th. Piper Jaffray Companies restated a “buy” rating and set a $17.00 price objective on shares of Yext in a report on Monday, August 28th. Finally, Zacks Investment Research upgraded Yext from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Yext currently has an average rating of “Hold” and a consensus price target 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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