Key Points
- Insider sale: Director Carmen Amara sold 500 Yelp shares on Nov. 25 at an average price of $28.82 for $14,410, leaving her with 76,878 shares (a 0.65% reduction), following earlier sales of 1,500 shares in October and September — indicating continued trimming of her stake.
- Strong Q3 results: Yelp beat expectations with Q3 EPS of $0.61 versus $0.47 and revenue of $376.0M (up 4.4% year-over-year), while sell-side analysts forecast roughly $2.22 EPS for the fiscal year.
- Market and analyst backdrop: Shares trade near the high-$20s/low-$30s (50-day MA $31.32, 200-day MA $33.42) with an average analyst rating of "Reduce" and an average price target of $32.20.
Yelp Inc. (NYSE:YELP - Get Free Report) insider Carmen Amara sold 500 shares of the company's stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $28.82, for a total value of $14,410.00. Following the sale, the insider owned 76,878 shares of the company's stock, valued at $2,215,623.96. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Carmen Amara also recently made the following trade(s):
- On Monday, October 27th, Carmen Amara sold 1,500 shares of Yelp stock. The shares were sold at an average price of $33.04, for a total value of $49,560.00.
- On Thursday, September 25th, Carmen Amara sold 1,500 shares of Yelp stock. The stock was sold at an average price of $31.37, for a total transaction of $47,055.00.
Yelp Stock Performance
NYSE YELP opened at $29.37 on Wednesday. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 13.29, a PEG ratio of 0.81 and a beta of 0.99. Yelp Inc. has a one year low of $27.29 and a one year high of $41.72. The company's 50 day moving average price is $31.32 and its 200 day moving average price is $33.42.
Yelp (NYSE:YELP - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The local business review company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.14. Yelp had a net margin of 10.28% and a return on equity of 20.17%. The company had revenue of $376.04 million during the quarter, compared to the consensus estimate of $368.39 million. During the same period in the previous year, the firm earned $0.56 earnings per share. Yelp's revenue for the quarter was up 4.4% on a year-over-year basis. Yelp has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts forecast that Yelp Inc. will post 2.22 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
YELP has been the subject of several recent research reports. Evercore ISI lowered their price target on Yelp from $45.00 to $38.00 and set an "outperform" rating for the company in a report on Monday, November 10th. Bank of America lowered their target price on Yelp from $31.00 to $30.00 and set an "underperform" rating for the company in a research note on Friday, August 8th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Yelp in a report on Tuesday, October 14th. The Goldman Sachs Group set a $33.00 price target on Yelp in a report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Yelp from $33.00 to $30.00 and set a "neutral" rating for the company in a research report on Monday, November 10th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average price target of $32.20.
View Our Latest Stock Analysis on Yelp
Institutional Investors Weigh In On Yelp
A number of hedge funds have recently bought and sold shares of the business. Royce & Associates LP raised its position in shares of Yelp by 7.8% in the 1st quarter. Royce & Associates LP now owns 57,642 shares of the local business review company's stock valued at $2,134,000 after purchasing an additional 4,192 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Yelp by 25.5% in the first quarter. Cetera Investment Advisers now owns 7,410 shares of the local business review company's stock worth $274,000 after buying an additional 1,504 shares during the last quarter. Skandinaviska Enskilda Banken AB publ acquired a new stake in Yelp in the first quarter valued at $1,348,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Yelp by 6.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,424 shares of the local business review company's stock valued at $571,000 after acquiring an additional 894 shares during the last quarter. Finally, Wincap Financial LLC grew its holdings in Yelp by 6.6% during the 1st quarter. Wincap Financial LLC now owns 16,055 shares of the local business review company's stock worth $595,000 after acquiring an additional 989 shares in the last quarter. Institutional investors and hedge funds own 90.11% of the company's stock.
About Yelp
(
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Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.
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