Yext Inc (YEXT) Insider Tom Christopher Dixon Sells 5,000 Shares of Stock

Yext Inc (NYSE:YEXT) insider Tom Christopher Dixon sold 5,000 shares of the firm’s stock in a transaction on Tuesday, January 8th. The stock was sold at an average price of $15.41, for a total transaction of $77,050.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Tom Christopher Dixon also recently made the following trade(s):

  • On Wednesday, January 2nd, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $14.82, for a total transaction of $74,100.00.
  • On Wednesday, December 26th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $13.84, for a total transaction of $69,200.00.
  • On Tuesday, December 18th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $14.71, for a total transaction of $73,550.00.
  • On Tuesday, December 11th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The stock was sold at an average price of $15.56, for a total transaction of $77,800.00.
  • On Tuesday, December 4th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $15.10, for a total transaction of $75,500.00.
  • On Tuesday, November 27th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $17.15, for a total transaction of $85,750.00.
  • On Tuesday, November 20th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $16.25, for a total transaction of $81,250.00.
  • On Tuesday, November 13th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $17.96, for a total transaction of $89,800.00.
  • On Tuesday, November 6th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $18.79, for a total transaction of $93,950.00.
  • On Tuesday, October 30th, Tom Christopher Dixon sold 5,000 shares of Yext stock. The shares were sold at an average price of $18.33, for a total transaction of $91,650.00.

NYSE:YEXT opened at $16.06 on Friday. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of -18.89 and a beta of 0.82. Yext Inc has a 12 month low of $10.58 and a 12 month high of $27.19.



Yext (NYSE:YEXT) last released its quarterly earnings results on Thursday, November 29th. The company reported ($0.25) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.04). The firm had revenue of $58.70 million during the quarter, compared to analyst estimates of $58.39 million. Yext had a negative net margin of 38.03% and a negative return on equity of 104.78%. Yext’s quarterly revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.12) earnings per share. Equities research analysts predict that Yext Inc will post -0.83 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in YEXT. BlueMountain Capital Management LLC acquired a new position in Yext in the second quarter valued at about $118,000. FMR LLC bought a new position in shares of Yext in the third quarter worth about $203,000. United Services Automobile Association bought a new position in shares of Yext in the second quarter worth about $223,000. Signition LP bought a new position in shares of Yext in the third quarter worth about $240,000. Finally, Legal & General Group Plc raised its stake in shares of Yext by 212.6% in the second quarter. Legal & General Group Plc now owns 12,970 shares of the company’s stock worth $251,000 after acquiring an additional 8,821 shares during the last quarter. Hedge funds and other institutional investors own 51.16% of the company’s stock.

Several analysts have recently weighed in on the stock. SunTrust Banks reiterated a “buy” rating and set a $28.00 target price on shares of Yext in a research report on Friday, December 14th. DA Davidson decreased their target price on shares of Yext to $24.00 and set a “buy” rating on the stock in a research report on Monday, December 3rd. They noted that the move was a valuation call. Morgan Stanley restated a “hold” rating and issued a $26.00 price target (up from $15.00) on shares of Yext in a research report on Tuesday, September 18th. Berenberg Bank began coverage on shares of Yext in a research report on Friday, November 16th. They issued a “buy” rating and a $25.00 price target on the stock. Finally, KeyCorp restated a “hold” rating on shares of Yext in a research report on Thursday, November 29th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Yext presently has an average rating of “Buy” and a consensus target price of $23.00.

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About Yext

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.

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

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