News coverage about Yext (NYSE:YEXT) has trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Yext earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.3855807780839 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
A number of analysts have recently weighed in on YEXT shares. KeyCorp reaffirmed a “buy” rating and issued a $16.00 price target on shares of Yext in a research note on Thursday, November 30th. Zacks Investment Research raised shares of Yext from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Yext presently has an average rating of “Hold” and a consensus target price of $16.20.
Shares of Yext (NYSE:YEXT) opened at $12.94 on Wednesday. Yext has a fifty-two week low of $10.58 and a fifty-two week high of $15.11.
In related news, President Brian Distelburger sold 8,160 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $12.80, for a total value of $104,448.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Steven Cakebread sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $12.51, for a total transaction of $125,100.00. The disclosure for this sale can be found here. Insiders sold a total of 620,420 shares of company stock worth $7,337,761 over the last quarter.
Yext Company Profile
Yext Inc is a knowledge engine provider. Yext puts business on the map. The Yext Knowledge Engine enables companies to manage their digital knowledge in the cloud and sync it to over 100 services in the PowerListings Network, including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp.