Yelp Inc. (NYSE:YELP) Director Geoffrey L. Donaker sold 4,000 shares of the stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $36.73, for a total transaction of $146,920.00. Following the completion of the sale, the director now directly owns 4,000 shares of the company’s stock, valued at $146,920. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Yelp Inc. (NYSE:YELP) traded up 1.52% during midday trading on Friday, reaching $38.08. 741,105 shares of the company traded hands. The firm’s market capitalization is $2.99 billion. The firm has a 50-day moving average price of $36.97 and a 200-day moving average price of $32.75. Yelp Inc. has a one year low of $14.53 and a one year high of $43.36.

Yelp (NYSE:YELP) last released its quarterly earnings results on Wednesday, November 2nd. The local business review company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.25. The business earned $186.20 million during the quarter, compared to analyst estimates of $183 million. Yelp had a negative return on equity of 4.58% and a negative net margin of 5.23%. Yelp’s quarterly revenue was up 29.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.03 EPS. Equities analysts predict that Yelp Inc. will post ($0.14) EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Yelp (NYSE:YELP)

A number of large investors have recently added to or reduced their stakes in the stock. Aperio Group LLC raised its stake in Yelp by 0.8% in the third quarter. Aperio Group LLC now owns 12,530 shares of the local business review company’s stock worth $523,000 after buying an additional 98 shares during the last quarter. Public Employees Retirement Association of Colorado raised its stake in shares of Yelp by 0.6% in the second quarter. Public Employees Retirement Association of Colorado now owns 17,632 shares of the local business review company’s stock valued at $535,000 after buying an additional 101 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Yelp by 11.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,575 shares of the local business review company’s stock valued at $107,000 after buying an additional 270 shares in the last quarter. Prudential Financial Inc. raised its stake in shares of Yelp by 4.3% in the third quarter. Prudential Financial Inc. now owns 14,500 shares of the local business review company’s stock valued at $605,000 after buying an additional 600 shares in the last quarter. Finally, Utah Retirement Systems raised its stake in shares of Yelp by 6.9% in the second quarter. Utah Retirement Systems now owns 12,400 shares of the local business review company’s stock valued at $376,000 after buying an additional 800 shares in the last quarter. 77.58% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on YELP. B. Riley restated a “neutral” rating and issued a $27.00 price objective on shares of Yelp in a research note on Wednesday, August 10th. Wedbush increased their price objective on shares of Yelp from $30.00 to $35.00 and gave the company a “neutral” rating in a research note on Wednesday, August 10th. Vetr cut shares of Yelp from a “strong-buy” rating to a “buy” rating and set a $41.96 price objective for the company. in a research note on Thursday. Morgan Stanley increased their price objective on shares of Yelp from $19.00 to $26.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 9th. Finally, Cantor Fitzgerald increased their target price on shares of Yelp from $38.00 to $42.00 and gave the stock a “buy” rating in a research report on Monday, August 8th. Three investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eighteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $37.00.

About Yelp

Yelp Inc (Yelp) connects people with local businesses by bringing word of mouth online and providing a platform for businesses and consumers to engage and transact. The Company provides local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences, through reviews, tips, photos and videos, and engages directly with businesses, through reviews, phone calls and its Message the Business feature.

5 Day Chart for NYSE:YELP

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