Ho Shin Sells 35,000 Shares of Yext, Inc. (NYSE:YEXT) Stock

Yext, Inc. (NYSE:YEXT) General Counsel Ho Shin sold 35,000 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $5.04, for a total value of $176,400.00. Following the transaction, the general counsel now directly owns 125,207 shares of the company’s stock, valued at $631,043.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Yext Stock Performance

Yext stock opened at $5.00 on Monday. The stock’s fifty day moving average price is $5.31 and its two-hundred day moving average price is $5.68. Yext, Inc. has a one year low of $4.29 and a one year high of $11.89.

Analyst Upgrades and Downgrades

Several brokerages recently commented on YEXT. Roth Mkm reissued a “buy” rating and set a $8.00 price target on shares of Yext in a research report on Tuesday, June 11th. DA Davidson lowered their target price on Yext from $7.25 to $5.50 and set a “neutral” rating on the stock in a research note on Tuesday, June 11th. Needham & Company LLC reiterated a “hold” rating on shares of Yext in a research note on Monday, June 10th. Finally, B. Riley lowered their target price on Yext from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Thursday, March 7th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Yext currently has a consensus rating of “Hold” and an average target price of $8.50.

Hedge Funds Weigh In On Yext

Hedge funds have recently added to or reduced their stakes in the stock. DekaBank Deutsche Girozentrale bought a new position in Yext during the 3rd quarter worth $32,000. Covestor Ltd boosted its holdings in shares of Yext by 17,238.7% in the 3rd quarter. Covestor Ltd now owns 5,375 shares of the company’s stock valued at $34,000 after purchasing an additional 5,344 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Yext in the 4th quarter valued at $56,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Yext in the 4th quarter valued at $59,000. Finally, Alpine Global Management LLC acquired a new stake in shares of Yext in the 3rd quarter valued at $82,000. Institutional investors own 70.98% of the company’s stock.

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.