Key Points
- Craig Saldanha sold 1,200 Yelp shares on Dec. 1 at an average price of $28.62 for a total of $34,344, reducing his stake to 193,279 shares (a 0.62% decrease).
- Saldanha has sold 1,200 shares in each of the past four months (Sep–Dec), showing a consistent pattern of insider selling with prices between about $28.62 and $32.98.
- Yelp beat Q3 estimates with $0.61 EPS and $376.0M revenue, but analysts remain cautious—MarketBeat's consensus rating is "Reduce" with a $32.20 target and mixed sell/hold opinions.
Yelp Inc. (NYSE:YELP - Get Free Report) insider Craig Saldanha sold 1,200 shares of the firm's stock in a transaction on Monday, December 1st. The stock was sold at an average price of $28.62, for a total value of $34,344.00. Following the sale, the insider directly owned 193,279 shares of the company's stock, valued at approximately $5,531,644.98. This trade represents a 0.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Craig Saldanha also recently made the following trade(s):
- On Monday, November 3rd, Craig Saldanha sold 1,200 shares of Yelp stock. The shares were sold at an average price of $32.98, for a total value of $39,576.00.
- On Wednesday, October 1st, Craig Saldanha sold 1,200 shares of Yelp stock. The stock was sold at an average price of $30.93, for a total value of $37,116.00.
- On Tuesday, September 2nd, Craig Saldanha sold 1,200 shares of Yelp stock. The shares were sold at an average price of $31.17, for a total transaction of $37,404.00.
Yelp Price Performance
Shares of YELP stock opened at $28.63 on Tuesday. Yelp Inc. has a 1-year low of $27.29 and a 1-year high of $41.72. The firm has a market cap of $1.76 billion, a PE ratio of 12.95, a price-to-earnings-growth ratio of 0.81 and a beta of 0.99. The company has a 50-day moving average of $31.08 and a two-hundred day moving average of $33.09.
Yelp (NYSE:YELP - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The local business review company reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.14. The business had revenue of $376.04 million for the quarter, compared to the consensus estimate of $368.39 million. Yelp had a net margin of 10.28% and a return on equity of 20.17%. The business's revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.56 EPS. Yelp has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts anticipate that Yelp Inc. will post 2.22 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on YELP. Weiss Ratings restated a "hold (c-)" rating on shares of Yelp in a research report on Tuesday, October 14th. The Goldman Sachs Group set a $33.00 target price on Yelp in a report on Tuesday, October 14th. Bank of America dropped their target price on Yelp from $31.00 to $30.00 and set an "underperform" rating for the company in a research report on Friday, August 8th. JPMorgan Chase & Co. reduced their price target on shares of Yelp from $33.00 to $30.00 and set a "neutral" rating on the stock in a research report on Monday, November 10th. Finally, Zacks Research lowered shares of Yelp from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 27th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Yelp currently has an average rating of "Reduce" and a consensus target price of $32.20.
View Our Latest Analysis on Yelp
Institutional Investors Weigh In On Yelp
A number of hedge funds have recently bought and sold shares of the stock. LSV Asset Management grew its position in shares of Yelp by 122.8% during the first quarter. LSV Asset Management now owns 1,902,318 shares of the local business review company's stock worth $70,443,000 after buying an additional 1,048,451 shares in the last quarter. Optimus Prime Fund Management Co. Ltd. lifted its stake in Yelp by 553.8% in the third quarter. Optimus Prime Fund Management Co. Ltd. now owns 850,000 shares of the local business review company's stock worth $26,520,000 after acquiring an additional 720,000 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in Yelp by 399.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 725,214 shares of the local business review company's stock worth $24,853,000 after acquiring an additional 579,894 shares in the last quarter. Jupiter Asset Management Ltd. increased its position in shares of Yelp by 268.1% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 753,173 shares of the local business review company's stock valued at $25,811,000 after purchasing an additional 548,586 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Yelp by 217.2% in the 2nd quarter. American Century Companies Inc. now owns 551,212 shares of the local business review company's stock valued at $18,890,000 after purchasing an additional 377,441 shares in the last quarter. Institutional investors and hedge funds own 90.11% of the company's stock.
About Yelp
(
Get Free Report)
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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