Yext, Inc. (NYSE:YEXT) CAO Darryl Bond Sells 3,946 Shares

Yext, Inc. (NYSE:YEXT) CAO Darryl Bond sold 3,946 shares of the company’s stock in a transaction on Monday, September 20th. The stock was sold at an average price of $12.25, for a total value of $48,338.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Darryl Bond also recently made the following trade(s):

  • On Tuesday, September 7th, Darryl Bond sold 22,864 shares of Yext stock. The stock was sold at an average price of $12.79, for a total value of $292,430.56.
  • On Wednesday, August 25th, Darryl Bond sold 774 shares of Yext stock. The stock was sold at an average price of $12.99, for a total value of $10,054.26.
  • On Wednesday, August 11th, Darryl Bond sold 1,013 shares of Yext stock. The shares were sold at an average price of $12.65, for a total value of $12,814.45.

NYSE:YEXT traded up $0.16 during mid-day trading on Wednesday, hitting $12.32. The company’s stock had a trading volume of 570,154 shares, compared to its average volume of 1,094,915. Yext, Inc. has a 1 year low of $11.77 and a 1 year high of $20.23. The stock has a market cap of $1.58 billion, a price-to-earnings ratio of -17.86 and a beta of 1.41. The business’s fifty day moving average is $12.82 and its two-hundred day moving average is $13.68.

Yext (NYSE:YEXT) last posted its quarterly earnings results on Wednesday, September 1st. The company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.01. Yext had a negative net margin of 23.04% and a negative return on equity of 40.48%. The company had revenue of $98.12 million for the quarter, compared to analyst estimates of $95.05 million. During the same period in the prior year, the company earned ($0.07) earnings per share. The firm’s revenue was up 11.4% on a year-over-year basis. On average, equities research analysts predict that Yext, Inc. will post -0.8 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the business. Swiss National Bank boosted its stake in shares of Yext by 2.6% during the 1st quarter. Swiss National Bank now owns 191,300 shares of the company’s stock worth $2,770,000 after acquiring an additional 4,900 shares in the last quarter. American International Group Inc. boosted its stake in shares of Yext by 2.5% during the 1st quarter. American International Group Inc. now owns 61,346 shares of the company’s stock worth $888,000 after acquiring an additional 1,490 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Yext by 3.7% during the 1st quarter. BlackRock Inc. now owns 9,462,195 shares of the company’s stock worth $137,012,000 after acquiring an additional 341,623 shares in the last quarter. Welch Capital Partners LLC NY purchased a new stake in shares of Yext during the 1st quarter worth about $1,419,000. Finally, GSA Capital Partners LLP boosted its stake in shares of Yext by 233.8% during the 1st quarter. GSA Capital Partners LLP now owns 40,539 shares of the company’s stock worth $587,000 after acquiring an additional 28,394 shares in the last quarter. 69.17% of the stock is currently owned by institutional investors.

YEXT has been the topic of several research reports. Needham & Company LLC reissued a “buy” rating and issued a $18.00 target price on shares of Yext in a research report on Friday, September 3rd. Zacks Investment Research downgraded Yext from a “hold” rating to a “sell” rating in a research report on Thursday, September 9th. Morgan Stanley cut their target price on Yext from $13.00 to $12.00 and set an “underweight” rating on the stock in a research report on Friday, September 3rd. Finally, DA Davidson cut their target price on Yext from $18.00 to $16.50 and set a “buy” rating on the stock in a research report on Friday, September 3rd. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $16.75.

Yext Company Profile

Yext, Inc is an emerging growth company engages in software development. It offers a cloud-based digital knowledge platform, which allows businesses manage their digital knowledge in the cloud such as financial information, resources and performance of these resources on a consolidated basis and sync it to other application such as Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.

Further Reading: Strike Price

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.