Yelp Inc (NYSE:YELP) Director Geoffrey L. Donaker sold 6,000 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $42.06, for a total value of $252,360.00. Following the completion of the transaction, the director now directly owns 9,590 shares in the company, valued at approximately $403,355.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Yelp Inc (YELP) traded up $0.31 on Monday, reaching $44.38. 1,300,000 shares of the company’s stock were exchanged, compared to its average volume of 1,050,000. Yelp Inc has a twelve month low of $26.93 and a twelve month high of $48.40. The stock has a market cap of $3,680.00, a price-to-earnings ratio of 192.96, a price-to-earnings-growth ratio of 4.13 and a beta of 1.22.

Yelp (NYSE:YELP) last released its earnings results on Wednesday, November 1st. The local business review company reported $0.29 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.30. Yelp had a net margin of 2.31% and a return on equity of 2.20%. The business had revenue of $222.40 million for the quarter, compared to analyst estimates of $220.75 million. During the same period last year, the company posted $0.22 EPS. The business’s revenue was up 19.4% on a year-over-year basis. equities research analysts expect that Yelp Inc will post 0.17 earnings per share for the current fiscal year.

YELP has been the subject of a number of analyst reports. SunTrust Banks set a $51.00 target price on Yelp and gave the stock a “buy” rating in a report on Friday, October 27th. KeyCorp reiterated a “buy” rating and set a $54.00 price objective on shares of Yelp in a report on Tuesday, October 17th. Citigroup increased their price objective on Yelp from $42.00 to $50.00 and gave the company a “buy” rating in a report on Monday, October 2nd. Bank of America increased their price objective on Yelp from $43.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, October 10th. Finally, BidaskClub upgraded Yelp from a “hold” rating to a “buy” rating in a report on Friday, October 6th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twenty have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $43.58.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Strs Ohio purchased a new stake in shares of Yelp during the 2nd quarter valued at approximately $108,000. Oppenheimer Asset Management Inc. raised its position in shares of Yelp by 28,585.7% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 4,016 shares of the local business review company’s stock valued at $174,000 after buying an additional 4,002 shares during the period. Russell Investments Group Ltd. raised its position in shares of Yelp by 98.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,091 shares of the local business review company’s stock valued at $123,000 after buying an additional 2,033 shares during the period. Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Yelp during the 3rd quarter valued at approximately $204,000. Finally, Turner Investments LLC purchased a new stake in shares of Yelp during the 3rd quarter valued at approximately $217,000. 85.56% of the stock is currently owned by institutional investors and hedge funds.

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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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