Yelp Inc. (NYSE:YELP) Director Geoffrey L. Donaker sold 4,000 shares of Yelp stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $37.58, for a total transaction of $150,320.00. Following the completion of the transaction, the director now owns 4,000 shares in the company, valued at $150,320. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Yelp Inc. (NYSE:YELP) traded down 0.1197% during midday trading on Monday, reaching $38.4639. The company’s stock had a trading volume of 66,800 shares. The company’s market capitalization is $3.02 billion. The stock has a 50 day moving average price of $36.39 and a 200-day moving average price of $33.37. Yelp Inc. has a 52-week low of $14.53 and a 52-week high of $43.36.

Yelp (NYSE:YELP) last released its earnings results on Wednesday, November 2nd. The local business review company reported $0.22 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.25. The firm had revenue of $186.20 million for 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%. The company’s revenue was up 29.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.03 EPS. Equities research analysts expect that Yelp Inc. will post ($0.14) EPS for the current year.

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

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YELP has been the topic of a number of analyst reports. Vetr upgraded shares of Yelp from a “hold” rating to a “buy” rating and set a $32.90 price objective on the stock in a research report on Wednesday, August 3rd. MKM Partners reiterated a “buy” rating and issued a $40.00 price objective on shares of Yelp in a research report on Wednesday, August 3rd. Cantor Fitzgerald lifted their price objective on shares of Yelp from $38.00 to $42.00 and gave the company a “buy” rating in a research report on Monday, August 8th. Morgan Stanley lifted their price objective on shares of Yelp from $19.00 to $26.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 9th. Finally, Piper Jaffray Cos. restated a “hold” rating and set a $35.00 target price on shares of Yelp in a research report on Tuesday, August 9th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eighteen have assigned a buy rating to the stock. Yelp currently has an average rating of “Hold” and an average price target of $37.00.

Hedge funds have recently added to or reduced their stakes in the stock. Concourse Capital Management LLC bought a new stake in shares of Yelp during the second quarter valued at approximately $278,000. Columbus Circle Investors bought a new stake in shares of Yelp during the second quarter valued at approximately $671,000. Commerzbank Aktiengesellschaft FI raised its stake in shares of Yelp by 5.5% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 18,587 shares of the local business review company’s stock valued at $564,000 after buying an additional 962 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of Yelp by 5.1% in the second quarter. California State Teachers Retirement System now owns 144,994 shares of the local business review company’s stock valued at $4,402,000 after buying an additional 6,985 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Yelp by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 217,663 shares of the local business review company’s stock valued at $6,610,000 after buying an additional 9,844 shares in the last quarter. 73.10% of the stock is currently owned by hedge funds and other institutional investors.

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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