Yext, Inc. (NYSE:YEXT – Get Free Report) Director Seth H. Waugh bought 32,600 shares of the business’s stock in a transaction dated Thursday, September 19th. The stock was acquired at an average cost of $6.65 per share, for a total transaction of $216,790.00. Following the completion of the acquisition, the director now directly owns 153,350 shares in the company, valued at $1,019,777.50. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Yext Stock Performance
YEXT stock opened at $6.63 on Friday. The stock has a market capitalization of $848.11 million, a PE ratio of -132.60 and a beta of 1.17. The company has a fifty day moving average of $5.51 and a 200-day moving average of $5.47. Yext, Inc. has a one year low of $4.29 and a one year high of $7.53.
Yext (NYSE:YEXT – Get Free Report) last announced its quarterly earnings data on Wednesday, September 4th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. Yext had a negative net margin of 1.68% and a negative return on equity of 3.35%. The firm had revenue of $97.90 million during the quarter, compared to the consensus estimate of $98.15 million. During the same quarter last year, the firm earned ($0.03) earnings per share. The firm’s revenue was down 4.6% compared to the same quarter last year. Equities analysts forecast that Yext, Inc. will post 0.08 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
Several research analysts have issued reports on the stock. Needham & Company LLC raised shares of Yext from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a research report on Thursday, September 5th. DA Davidson raised their price target on Yext from $5.50 to $5.75 and gave the stock a “neutral” rating in a report on Thursday, September 5th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $7.50 price objective (down from $8.00) on shares of Yext in a research note on Thursday, September 5th.
Read Our Latest Stock Analysis on YEXT
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.
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