Steven Cakebread Sells 10,000 Shares of Yext Inc (YEXT) Stock

Yext Inc (NYSE:YEXT) CFO Steven Cakebread sold 10,000 shares of the stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $11.19, for a total transaction of $111,900.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Steven Cakebread also recently made the following trade(s):

  • On Thursday, February 1st, Steven Cakebread sold 10,000 shares of Yext stock. The stock was sold at an average price of $11.90, for a total transaction of $119,000.00.
  • On Thursday, January 25th, Steven Cakebread sold 10,000 shares of Yext stock. The stock was sold at an average price of $12.19, for a total transaction of $121,900.00.
  • On Thursday, January 18th, Steven Cakebread sold 10,000 shares of Yext stock. The stock was sold at an average price of $12.56, for a total transaction of $125,600.00.

Yext Inc (YEXT) traded up $0.03 during trading on Friday, reaching $10.87. 345,666 shares of the company’s stock traded hands, compared to its average volume of 488,735. The firm has a market cap of $988.94 and a PE ratio of -11.56. Yext Inc has a 52-week low of $10.58 and a 52-week high of $15.11.

Yext (NYSE:YEXT) last released its earnings results on Thursday, November 30th. The company reported ($0.19) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.18) by ($0.01). Yext had a negative net margin of 40.63% and a negative return on equity of 157.17%. sell-side analysts predict that Yext Inc will post -0.7 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada acquired a new position in Yext during the 2nd quarter valued at about $100,000. Grace & White Inc. NY bought a new position in shares of Yext during the 4th quarter valued at about $126,000. Teacher Retirement System of Texas bought a new position in shares of Yext during the 4th quarter valued at about $131,000. Cubist Systematic Strategies LLC bought a new position in shares of Yext during the 2nd quarter valued at about $146,000. Finally, Rhumbline Advisers bought a new position in shares of Yext during the 2nd quarter valued at about $164,000. 27.85% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have commented on YEXT shares. KeyCorp reissued a “buy” rating and set a $16.00 target price on shares of Yext in a research note on Sunday, December 10th. BidaskClub cut shares of Yext from a “hold” rating to a “sell” rating in a research note on Thursday, October 12th. Zacks Investment Research raised shares of Yext from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $17.00 target price on shares of Yext in a research note on Thursday, October 12th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus 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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