Royal Bank of Canada Has $8.87 Million Stock Holdings in Yelp Inc. $YELP

Royal Bank of Canada lifted its position in shares of Yelp Inc. (NYSE:YELP) by 14.0% during the first quarter, HoldingsChannel reports. The firm owned 358,536 shares of the local business review company’s stock after buying an additional 44,087 shares during the quarter. Royal Bank of Canada’s holdings in Yelp were worth $8,870,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CIBC Private Wealth Group LLC raised its stake in Yelp by 100.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 892 shares of the local business review company’s stock worth $28,000 after buying an additional 446 shares during the period. Fifth Third Bancorp lifted its holdings in Yelp by 70.4% during the fourth quarter. Fifth Third Bancorp now owns 1,159 shares of the local business review company’s stock worth $35,000 after acquiring an additional 479 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in Yelp by 71.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,158 shares of the local business review company’s stock valued at $35,000 after acquiring an additional 482 shares during the period. Hantz Financial Services Inc. grew its stake in Yelp by 181.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,297 shares of the local business review company’s stock valued at $39,000 after acquiring an additional 836 shares during the period. Finally, Strs Ohio bought a new stake in shares of Yelp in the first quarter worth about $56,000. Institutional investors and hedge funds own 90.11% of the company’s stock.

Yelp Stock Performance

YELP opened at $25.67 on Monday. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 12.28, a P/E/G ratio of 2.76 and a beta of 0.46. The business’s 50-day moving average price is $24.87 and its two-hundred day moving average price is $24.83. Yelp Inc. has a 1 year low of $19.60 and a 1 year high of $34.49. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.75 and a quick ratio of 1.74.

Yelp (NYSE:YELP) last posted its quarterly earnings data on Thursday, August 6th. The local business review company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.21. The company had revenue of $375.52 million during the quarter, compared to analysts’ expectations of $366.89 million. Yelp had a return on equity of 19.52% and a net margin of 8.59%.Yelp’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. Equities analysts expect that Yelp Inc. will post 1.84 EPS for the current fiscal year.

Insider Buying and Selling

In other Yelp news, Director Christine Barone sold 15,507 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $22.95, for a total transaction of $355,885.65. Following the completion of the transaction, the director owned 15,928 shares of the company’s stock, valued at $365,547.60. This represents a 49.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 17,507 shares of company stock valued at $402,481. Insiders own 8.30% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Zacks Research raised Yelp from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th. Morgan Stanley decreased their price objective on Yelp from $28.00 to $24.00 and set an “underweight” rating for the company in a research report on Friday, May 15th. JPMorgan Chase & Co. increased their target price on Yelp from $22.00 to $26.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Evercore set a $30.00 target price on shares of Yelp in a report on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Yelp in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Yelp presently has an average rating of “Reduce” and a consensus target price of $27.57.

Yelp News Summary

Here are the key news stories impacting Yelp this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Yelp reported adjusted earnings of $0.62 per share, well above the $0.32–$0.36 analyst estimates, while revenue of $375.5 million surpassed expectations of approximately $367 million. Revenue increased 1.4% year over year, supporting the positive investor reaction. Yelp Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Results beat consensus despite a year-over-year EPS decline. The earnings outperformance suggests effective cost management and stronger-than-anticipated profitability, even though EPS declined from $0.67 in the prior-year quarter. Yelp Quarterly Earnings Results
• Positive Sentiment: Management’s full-year revenue outlook is broadly in line with Wall Street expectations. Yelp provided fiscal 2026 revenue guidance of approximately $1.5 billion, matching consensus and reducing the risk of a major forecast shortfall. Yelp Shares Rise on Strong Q2

Yelp Profile

Yelp is a digital platform that connects consumers with local businesses through user-generated reviews, ratings and multimedia content. The company’s flagship offerings include the Yelp website and mobile applications for iOS and Android, where users can search for and discover restaurants, shops, service providers and other points of interest. In addition to crowd-sourced reviews and photographs, Yelp provides business profile pages featuring hours, contact information, menus and direct messaging capabilities.

Yelp generates revenue primarily through advertising services sold to small and medium-sized enterprises.