Yelp Inc. (NYSE:YELP) CEO Jeremy Stoppelman sold 13,000 shares of the firm’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $45.40, for a total value of $590,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Tuesday, November 7th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $45.58, for a total value of $592,540.00.
  • On Thursday, November 2nd, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $46.59, for a total value of $605,670.00.
  • On Wednesday, October 25th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.94, for a total value of $571,220.00.
  • On Tuesday, October 17th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.50, for a total value of $565,500.00.
  • On Thursday, October 12th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.66, for a total value of $567,580.00.
  • On Wednesday, October 4th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $45.38, for a total value of $589,940.00.
  • On Tuesday, September 26th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $42.20, for a total value of $548,600.00.
  • On Thursday, September 21st, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.49, for a total value of $565,370.00.
  • On Wednesday, September 13th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.54, for a total value of $566,020.00.
  • On Tuesday, September 5th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $42.62, for a total value of $554,060.00.

Yelp Inc. (YELP) traded up $0.49 during trading hours on Friday, hitting $46.82. The stock had a trading volume of 913,257 shares, compared to its average volume of 2,546,090. Yelp Inc. has a fifty-two week low of $26.93 and a fifty-two week high of $48.17. The company has a market cap of $3,860.00, a PE ratio of 208.68, a PEG ratio of 10.31 and a beta of 1.29.

Yelp (NYSE:YELP) last released its quarterly earnings data on Wednesday, November 1st. The local business review company reported $0.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.30. Yelp had a return on equity of 2.20% and a net margin of 2.31%. The business had revenue of $222.40 million for the quarter, compared to analysts’ expectations of $220.75 million. During the same quarter in the previous year, the business posted $0.22 EPS. Yelp’s revenue for the quarter was up 19.4% on a year-over-year basis. sell-side analysts expect that Yelp Inc. will post 0.17 EPS for the current year.

Yelp announced that its board has approved a stock buyback plan on Thursday, August 3rd that permits the company to repurchase $200.00 million in outstanding shares. This repurchase authorization permits the local business review company to buy up to 7.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

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Several research analysts recently commented on the company. Roth Capital raised their target price on Yelp from $35.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 31st. KeyCorp set a $54.00 target price on Yelp and gave the stock a “buy” rating in a research report on Thursday. Cantor Fitzgerald cut Yelp from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $46.73 to $44.00 in a report on Monday, October 9th. SunTrust Banks, Inc. set a $51.00 price objective on Yelp and gave the company a “buy” rating in a report on Wednesday, November 1st. Finally, B. Riley reissued a “hold” rating and set a $39.00 price objective on shares of Yelp in a report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating and twenty have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $43.37.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Amalgamated Bank lifted its stake in Yelp by 0.9% in the 2nd quarter. Amalgamated Bank now owns 9,993 shares of the local business review company’s stock valued at $300,000 after acquiring an additional 88 shares in the last quarter. California State Teachers Retirement System lifted its stake in Yelp by 1.0% in the 2nd quarter. California State Teachers Retirement System now owns 137,621 shares of the local business review company’s stock valued at $4,131,000 after acquiring an additional 1,427 shares in the last quarter. Parallel Advisors LLC lifted its stake in Yelp by 3.5% in the 2nd quarter. Parallel Advisors LLC now owns 55,591 shares of the local business review company’s stock valued at $1,808,000 after acquiring an additional 1,899 shares in the last quarter. Menta Capital LLC lifted its stake in Yelp by 10.6% in the 2nd quarter. Menta Capital LLC now owns 19,900 shares of the local business review company’s stock valued at $597,000 after acquiring an additional 1,900 shares in the last quarter. Finally, BNP Paribas Arbitrage SA lifted its stake in Yelp by 2.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 100,798 shares of the local business review company’s stock valued at $3,026,000 after acquiring an additional 1,986 shares in the last quarter. Hedge funds and other institutional investors own 87.69% of the company’s stock.

Yelp Company Profile

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 offers local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences with other consumers by posting reviews, tips, photos and videos, and to engage directly with businesses, through reviews, its Request-A-Quote and Message the Business features, and by completing transactions on the Yelp Platform.

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

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