Yext Inc (NYSE:YEXT) CFO Steven Cakebread sold 10,000 shares of the company’s stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $12.56, for a total transaction of $125,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Yext Inc (YEXT) traded down $0.08 on Friday, hitting $12.79. 397,197 shares of the stock traded hands, compared to its average volume of 760,337. Yext Inc has a twelve month low of $11.03 and a twelve month high of $15.11. The firm has a market capitalization of $1,170.00 and a P/E ratio of -13.61.
Yext (NYSE:YEXT) last announced its earnings results on Thursday, November 30th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.18) by ($0.01). Yext had a negative return on equity of 157.17% and a negative net margin of 40.63%. analysts anticipate that Yext Inc will post -0.7 earnings per share for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new stake in shares of Yext during the second quarter worth about $4,223,000. Bank of New York Mellon Corp purchased a new position in Yext during the second quarter worth about $429,000. Balyasny Asset Management LLC purchased a new position in Yext during the second quarter worth about $1,070,000. Vanguard Group Inc. purchased a new position in Yext during the second quarter worth about $10,627,000. Finally, Lord Abbett & CO. LLC purchased a new position in Yext during the second quarter worth about $1,280,000. Institutional investors and hedge funds own 28.58% of the company’s stock.
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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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