Insider Selling: Yext, Inc. (NYSE:YEXT) General Counsel Sells $176,400.00 in Stock

Yext, Inc. (NYSE:YEXT) General Counsel Ho Shin sold 35,000 shares of the stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $5.04, for a total value of $176,400.00. Following the completion of the transaction, the general counsel now owns 125,207 shares in the company, valued at approximately $631,043.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Yext Trading Up 0.8 %

NYSE YEXT opened at $4.86 on Thursday. The company has a fifty day moving average price of $5.27 and a 200-day moving average price of $5.66. Yext, Inc. has a 1 year low of $4.29 and a 1 year high of $11.66.

Analysts Set New Price Targets

YEXT has been the topic of a number of recent research reports. Needham & Company LLC reiterated a “hold” rating on shares of Yext in a report on Monday, June 10th. Roth Mkm reaffirmed a “buy” rating and issued a $8.00 price objective on shares of Yext in a research note on Tuesday, June 11th. B. Riley decreased their target price on shares of Yext from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Thursday, March 7th. Finally, DA Davidson dropped their price target on shares of Yext from $7.25 to $5.50 and set a “neutral” rating on the stock in a research report on Tuesday, June 11th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Yext currently has an average rating of “Hold” and an average price target of $8.50.

Institutional Investors Weigh In On Yext

A number of institutional investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Yext by 20.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,108,423 shares of the company’s stock worth $6,529,000 after buying an additional 186,838 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Yext by 5.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 3,373,576 shares of the company’s stock worth $19,870,000 after acquiring an additional 176,063 shares during the period. Qube Research & Technologies Ltd grew its stake in Yext by 43.4% in the 3rd quarter. Qube Research & Technologies Ltd now owns 882,637 shares of the company’s stock valued at $5,587,000 after purchasing an additional 267,031 shares during the period. Circumference Group LLC purchased a new stake in shares of Yext during the 4th quarter valued at $2,503,000. Finally, BNP Paribas Financial Markets raised its stake in shares of Yext by 56.1% during the 4th quarter. BNP Paribas Financial Markets now owns 217,266 shares of the company’s stock worth $1,280,000 after purchasing an additional 78,040 shares during the period. 70.98% of the stock is owned by institutional investors.

About Yext

Yext, Inc organizes business facts to provide answers to consumer questions in North America and internationally. It operates Yext platform, a cloud-based platform that allows its customers to offer answers to consumer questions, to control the facts about their businesses and the content of their landing pages, and to manage their consumer reviews; and provides customers to update their information and content through its publisher network of maps, apps, search engines, intelligent GPS systems, digital assistants, vertical directories, and social networks, as well as professional services.