Yelp Inc. (NYSE:YELP) SVP Michael Stoppelman sold 8,736 shares of Yelp stock in a transaction on Monday, November 21st. The stock was sold at an average price of $38.19, for a total transaction of $333,627.84. Following the completion of the transaction, the senior vice president now directly owns 132,903 shares of the company’s stock, valued at $5,075,565.57. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Michael Stoppelman also recently made the following trade(s):

  • On Thursday, October 20th, Michael Stoppelman sold 5,000 shares of Yelp stock. The stock was sold at an average price of $34.36, for a total transaction of $171,800.00.
  • On Tuesday, September 20th, Michael Stoppelman sold 5,000 shares of Yelp stock. The stock was sold at an average price of $37.58, for a total transaction of $187,900.00.

Yelp Inc. (NYSE:YELP) traded up 1.70% during midday trading on Wednesday, hitting $38.99. 1,013,658 shares of the stock were exchanged. The firm has a 50-day moving average price of $36.62 and a 200-day moving average price of $33.28. The stock’s market cap is $3.06 billion. Yelp Inc. has a one year low of $14.53 and a one year high of $43.36.

Yelp (NYSE:YELP) last announced its earnings results on Wednesday, November 2nd. The local business review company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.25. The business had revenue of $186.20 million for the quarter, compared to analyst estimates of $183 million. Yelp had a negative net margin of 5.23% and a negative return on equity of 4.58%. The company’s revenue for the quarter was up 29.7% compared to the same quarter last year. During the same period last year, the firm posted $0.03 earnings per share. On average, equities research analysts anticipate 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 institutional investors have recently bought and sold shares of the stock. Macquarie Group Ltd. raised its position in Yelp by 1.6% in the second quarter. Macquarie Group Ltd. now owns 1,450,951 shares of the local business review company’s stock worth $44,051,000 after buying an additional 22,868 shares during the period. Personal Capital Advisors Corp raised its position in Yelp by 16.0% in the second quarter. Personal Capital Advisors Corp now owns 420,991 shares of the local business review company’s stock worth $12,781,000 after buying an additional 58,034 shares during the period. UBS Group AG raised its position in Yelp by 107.1% in the first quarter. UBS Group AG now owns 31,436 shares of the local business review company’s stock worth $625,000 after buying an additional 474,072 shares during the period. Vanguard Group Inc. raised its position in Yelp by 3.4% in the second quarter. Vanguard Group Inc. now owns 4,627,569 shares of the local business review company’s stock worth $140,493,000 after buying an additional 150,902 shares during the period. Finally, Fisher Asset Management LLC raised its position in Yelp by 2.8% in the second quarter. Fisher Asset Management LLC now owns 391,351 shares of the local business review company’s stock worth $11,670,000 after buying an additional 10,486 shares during the period. Hedge funds and other institutional investors own 74.92% of the company’s stock.

A number of equities analysts have commented on YELP shares. Evercore ISI reissued a “hold” rating and issued a $23.00 price objective on shares of Yelp in a research note on Tuesday, July 26th. Vetr cut shares of Yelp from a “buy” rating to a “hold” rating and set a $32.90 price objective for the company. in a research note on Thursday, July 28th. MKM Partners restated a “buy” rating and issued a $40.00 target price on shares of Yelp in a report on Wednesday, August 3rd. Cantor Fitzgerald raised their target price on shares of Yelp from $38.00 to $42.00 and gave the stock a “buy” rating in a report on Monday, August 8th. Finally, Morgan Stanley raised their target price on shares of Yelp from $19.00 to $26.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 9th. Three equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and eighteen have assigned a buy rating to the company’s stock. Yelp presently has a consensus rating of “Hold” and a consensus target price of $37.00.

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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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