Yext Inc (NYSE: YEXT) is -0.47% lower on its value in year-to-date trading and has touched a low of $4.29 and a high of $8.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The YEXT stock was last observed hovering at around $6.48 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $6.33, the stock is -1.42% and -12.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -2.31% at the moment leaves the stock 3.82% off its SMA200. YEXT registered 10.66% gain for a year compared to 6-month gain of 19.21%. The firm has a 50-day simple moving average (SMA 50) of $7.253 and a 200-day simple moving average (SMA200) of $6.09695.
The stock witnessed a -1.40% loss in the last 1 month and extending the period to 3 months gives it a -10.09%, and is -4.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.15% over the week and 3.42% over the month.
Yext Inc (YEXT) has around 1100 employees, a market worth around $807.84M and $408.97M in sales. Fwd P/E is 11.46. Profit margin for the company is -4.64%. Distance from 52-week low is 47.55% and -27.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.90%).
with sales reaching $112.77M over the same period.The EPS is expected to grow by 0.76% this year, but quarterly earnings will post 4.04% year-over-year. Quarterly sales are estimated to grow 11.54% in year-over-year returns.
Yext Inc (YEXT) Top Institutional Holders
256.0 institutions hold shares in Yext Inc (YEXT), with institutional investors hold 80.34% of the company’s shares. The shares outstanding are 128.01M, and float is at 104.10M with Short Float at 2.60%. Institutions hold 73.68% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.5 million shares valued at $82.91 million. The investor’s holdings represent 12.3591% of the YEXT Shares outstanding. As of 2024-06-30, the second largest holder is LEAD EDGE CAPITAL MANAGEMENT, LLC with 11.47 million shares valued at $61.39 million to account for 9.1511 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.67 million shares representing 7.7134% and valued at over $51.74 million, while LYNROCK LAKE LP holds 6.5936 of the shares totaling 8.27 million with a market value of $44.23 million.
Yext Inc (YEXT) Insider Activity
The most recent transaction is an insider sale by Walrath Michael, the company’s Chief Executive Officer. SEC filings show that Walrath Michael sold 139,003 shares of the company’s common stock on Dec 16 ’24 at a price of $6.44 per share for a total of $0.9 million. Following the sale, the insider now owns 1.09 million shares.
Yext Inc disclosed in a document filed with the SEC on Dec 17 ’24 that Walrath Michael (Chief Executive Officer) sold a total of 29,431 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $6.47 per share for $0.19 million. Following the transaction, the insider now directly holds 1.06 million shares of the YEXT stock.
Still, SEC filings show that on Dec 11 ’24, Walrath Michael (Chief Executive Officer) disposed off 123,074 shares at an average price of $7.06 for $0.87 million. The insider now directly holds 1,241,444 shares of Yext Inc (YEXT).
