First Trust Advisors LP Increases Position in Yelp Inc. $YELP

First Trust Advisors LP lifted its position in Yelp Inc. (NYSE:YELP) by 34.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 109,876 shares of the local business review company’s stock after buying an additional 27,937 shares during the quarter. First Trust Advisors LP’s holdings in Yelp were worth $2,718,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in shares of Yelp by 157.8% in the first quarter. Royal Bank of Canada now owns 252,564 shares of the local business review company’s stock valued at $9,352,000 after acquiring an additional 154,612 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Yelp by 0.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 76,376 shares of the local business review company’s stock worth $2,828,000 after purchasing an additional 506 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Yelp by 2.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 208,551 shares of the local business review company’s stock valued at $7,723,000 after buying an additional 5,210 shares in the last quarter. Intech Investment Management LLC boosted its stake in Yelp by 21.8% in the first quarter. Intech Investment Management LLC now owns 39,377 shares of the local business review company’s stock valued at $1,458,000 after acquiring an additional 7,053 shares in the last quarter. Finally, Strs Ohio purchased a new position in Yelp during the 1st quarter worth approximately $56,000. Hedge funds and other institutional investors own 90.11% of the company’s stock.

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

Insider Activity

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

Yelp Price Performance

YELP opened at $25.67 on Friday. Yelp Inc. has a 1 year low of $19.60 and a 1 year high of $34.49. The company’s 50 day simple moving average is $24.87 and its 200 day simple moving average is $24.86. The stock has a market capitalization of $1.41 billion, a PE ratio of 12.28, a P/E/G ratio of 2.69 and a beta of 0.46. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.74 and a current ratio of 1.74.

Yelp (NYSE:YELP) last issued its earnings results 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 business had revenue of $375.52 million for the quarter, compared to analyst estimates of $366.89 million. Yelp had a return on equity of 19.19% and a net margin of 8.59%.The business’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the company posted $0.67 EPS. As a group, sell-side analysts expect that Yelp Inc. will post 1.85 EPS for the current year.

Wall Street Analyst Weigh In

YELP has been the topic of several research reports. Morgan Stanley lowered their price objective on shares of Yelp from $28.00 to $24.00 and set an “underweight” rating on the stock in a research report on Friday, May 15th. Zacks Research upgraded Yelp from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 14th. JPMorgan Chase & Co. lifted their price target on shares of Yelp from $22.00 to $26.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Robert W. Baird set a $28.00 price target on Yelp in a research note on Friday, May 8th. Finally, Evercore set a $30.00 target price on Yelp in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $27.57.

About Yelp

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.