Insider Selling: Yext Inc (YEXT) CEO Sells 30,000 Shares of Stock

Yext Inc (NYSE:YEXT) CEO Howard Lerman sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $12.16, for a total value of $364,800.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

  • On Tuesday, December 12th, Howard Lerman sold 25,000 shares of Yext stock. The stock was 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 stock was 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 stock was 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 stock was 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.
  • On Wednesday, October 18th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.09, for a total value of $302,250.00.
  • On Tuesday, October 10th, Howard Lerman sold 25,000 shares of Yext stock. The stock was sold at an average price of $12.04, for a total value of $301,000.00.

Yext Inc (YEXT) traded up $0.10 on Thursday, reaching $12.47. The company’s stock had a trading volume of 362,527 shares, compared to its average volume of 373,303. Yext Inc has a one year low of $11.12 and a one year high of $15.11.

Several brokerages have recently weighed in on YEXT. KeyCorp reiterated a “buy” rating and issued a $16.00 price target on shares of Yext in a report on Sunday, December 10th. Zacks Investment Research upgraded Yext from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. BidaskClub upgraded Yext from a “sell” rating to a “hold” rating in a report on Saturday, November 4th. Piper Jaffray Companies reiterated a “buy” rating and issued a $17.00 price target on shares of Yext in a report on Thursday, October 12th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $18.00 price target on shares of Yext in a report on Friday, September 22nd. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Yext currently has a consensus rating of “Hold” and an average target price of $16.20.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada purchased a new position in Yext during the 2nd quarter worth $100,000. Cubist Systematic Strategies LLC purchased a new position in Yext during the 2nd quarter worth $146,000. Rhumbline Advisers purchased a new position in Yext during the 2nd quarter worth $164,000. Alliancebernstein L.P. purchased a new position in Yext during the 2nd quarter worth $172,000. Finally, New York State Common Retirement Fund purchased a new position in Yext during the 2nd quarter worth $173,000. Institutional investors own 28.58% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Insider Selling: Yext Inc (YEXT) CEO Sells 30,000 Shares of Stock” was published by Community Financial News and is owned by of Community Financial News. If you are reading this story on another site, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://www.com-unik.info/2017/12/21/insider-selling-yext-inc-yext-ceo-sells-30000-shares-of-stock.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.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit