Yelp Inc (NYSE:YELP) Director Geoffrey L. Donaker sold 6,000 shares of the stock in a transaction dated Tuesday, June 5th. The stock was sold at an average price of $43.49, for a total transaction of $260,940.00. Following the transaction, the director now owns 10,055 shares in the company, valued at $437,291.95. The sale was disclosed in a filing with the SEC, which is available through this link.

Yelp traded up $0.11, reaching $41.16, on Thursday, according to MarketBeat.com. The company’s stock had a trading volume of 1,633,700 shares, compared to its average volume of 1,485,231. Yelp Inc has a fifty-two week low of $28.98 and a fifty-two week high of $48.40. The company has a market capitalization of $3.50 billion, a price-to-earnings ratio of 588.00, a price-to-earnings-growth ratio of 12.78 and a beta of 1.04.

Yelp (NYSE:YELP) last issued its quarterly earnings data on Thursday, May 10th. The local business review company reported ($0.03) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by ($0.05). Yelp had a net margin of 17.80% and a return on equity of 0.47%. The firm had revenue of $223.07 million during the quarter, compared to analysts’ expectations of $220.17 million. During the same quarter in the prior year, the firm posted $0.19 EPS. Yelp’s quarterly revenue was up 12.6% compared to the same quarter last year. equities research analysts predict that Yelp Inc will post 0.13 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of YELP. Schwab Charles Investment Management Inc. lifted its stake in Yelp by 8.6% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 387,029 shares of the local business review company’s stock valued at $16,240,000 after buying an additional 30,578 shares during the last quarter. APG Asset Management N.V. purchased a new stake in Yelp in the fourth quarter valued at approximately $1,129,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Yelp by 46.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,240 shares of the local business review company’s stock valued at $178,000 after buying an additional 1,337 shares during the last quarter. Comerica Bank purchased a new stake in shares of Yelp during the fourth quarter worth approximately $1,081,000. Finally, American Century Companies Inc. raised its stake in shares of Yelp by 65.1% during the fourth quarter. American Century Companies Inc. now owns 43,027 shares of the local business review company’s stock worth $1,805,000 after purchasing an additional 16,959 shares during the last quarter. Institutional investors own 87.67% of the company’s stock.

Several brokerages recently commented on YELP. Aegis lowered shares of Yelp from a “hold” rating to a “sell” rating and decreased their price objective for the company from $45.00 to $34.00 in a research report on Wednesday. KeyCorp cut shares of Yelp from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, June 6th. Wedbush reaffirmed a “neutral” rating on shares of Yelp in a research note on Wednesday, May 16th. Zacks Investment Research raised shares of Yelp from a “sell” rating to a “hold” rating in a research note on Thursday, March 15th. Finally, B. Riley raised shares of Yelp from a “neutral” rating to a “buy” rating and lifted their price target for the company from $42.00 to $58.00 in a research note on Friday, May 18th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $45.60.

About Yelp

Yelp Inc operates a platform that connects people with local businesses in the United States, Canada, and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others.

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

Receive News & Ratings for Yelp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yelp and related companies with MarketBeat.com's FREE daily email newsletter.