Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $11.77, for a total value of $353,100.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Tuesday, December 26th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $11.99, for a total value of $359,700.00.
  • On Tuesday, December 19th, Howard Lerman sold 30,000 shares of Yext stock. The shares were sold at an average price of $12.16, for a total value of $364,800.00.
  • On Tuesday, December 12th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.21, for a total value of $305,250.00.
  • On Tuesday, December 5th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.81, for a total value of $320,250.00.
  • On Tuesday, November 28th, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $14.07, for a total value of $351,750.00.
  • On Tuesday, November 21st, Howard Lerman sold 25,000 shares of Yext stock. The shares were sold at an average price of $12.94, for a total value of $323,500.00.
  • On Tuesday, November 14th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.72, for a total value of $318,000.00.
  • 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 value 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 value 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 value of $48,468.00.

Shares of Yext Inc (NYSE YEXT) traded down $0.05 on Thursday, reaching $11.70. The company’s stock had a trading volume of 445,042 shares, compared to its average volume of 476,100. The firm has a market cap of $1,070.00 and a P/E ratio of -12.45. Yext Inc has a 52-week low of $11.12 and a 52-week high of $15.11.

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada bought a new position in shares of Yext in the 2nd quarter worth about $100,000. Cubist Systematic Strategies LLC bought a new position in shares of Yext in the 2nd quarter worth about $146,000. Rhumbline Advisers bought a new position in shares of Yext in the 2nd quarter worth about $164,000. Alliancebernstein L.P. bought a new position in shares of Yext in the 2nd quarter worth about $172,000. Finally, New York State Common Retirement Fund bought a new position in shares of Yext in the 2nd quarter worth about $173,000. 28.58% of the stock is owned by hedge funds and other institutional investors.

Several brokerages have commented on YEXT. Zacks Investment Research downgraded Yext from a “hold” rating to a “sell” rating in a report on Wednesday, September 27th. Royal Bank of Canada reaffirmed a “buy” rating and set a $18.00 target price on shares of Yext in a report on Friday, September 22nd. BidaskClub raised Yext from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. KeyCorp raised Yext from a “sector weight” rating to an “overweight” rating in a report on Monday, October 16th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $17.00 target price on shares of Yext in a report on Thursday, October 12th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Yext currently has a consensus rating of “Hold” and an average target price of $16.20.

WARNING: This report was originally reported by American Banking News and is the property of of American Banking News. If you are reading this report on another publication, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this report can be read at https://www.americanbankingnews.com/2018/01/04/insider-selling-yext-inc-yext-ceo-sells-30000-shares-of-stock-2.html.

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.

Insider Buying and Selling by Quarter for Yext (NYSE:YEXT)

Receive News & Ratings for Yext Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yext and related companies with MarketBeat.com's FREE daily email newsletter.