Yelp Inc (NYSE:YELP) CEO Jeremy Stoppelman Sells 13,000 Shares

Yelp Inc (NYSE:YELP) CEO Jeremy Stoppelman sold 13,000 shares of Yelp stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $43.23, for a total transaction of $561,990.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Jeremy Stoppelman also recently made the following trade(s):

  • On Tuesday, January 9th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.63, for a total transaction of $567,190.00.
  • On Wednesday, December 27th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $42.14, for a total transaction of $547,820.00.
  • On Tuesday, December 19th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $43.69, for a total transaction of $567,970.00.
  • On Thursday, December 14th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $42.32, for a total transaction of $550,160.00.
  • On Wednesday, December 6th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $42.61, for a total transaction of $553,930.00.
  • On Tuesday, November 28th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $47.49, for a total transaction of $617,370.00.
  • On Friday, November 24th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $47.59, for a total transaction of $618,670.00.
  • On Wednesday, November 15th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $45.40, for a total transaction of $590,200.00.
  • On Tuesday, November 7th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $45.58, for a total transaction of $592,540.00.
  • On Thursday, November 2nd, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The stock was sold at an average price of $46.59, for a total transaction of $605,670.00.

Yelp Inc (YELP) opened at $43.58 on Wednesday. Yelp Inc has a 1-year low of $26.93 and a 1-year high of $48.40. The company has a market cap of $3,610.00, a price-to-earnings ratio of 189.48, a PEG ratio of 4.24 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 EPS for the quarter, topping the 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 firm had revenue of $222.40 million for the quarter, compared to the consensus estimate of $220.75 million. During the same quarter in the previous year, the firm earned $0.22 earnings per share. The company’s quarterly revenue was up 19.4% compared to the same quarter last year. analysts anticipate that Yelp Inc will post 0.17 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ingalls & Snyder LLC increased its position in Yelp by 17.0% in the third quarter. Ingalls & Snyder LLC now owns 97,521 shares of the local business review company’s stock worth $4,223,000 after purchasing an additional 14,171 shares during the last quarter. AHL Partners LLP bought a new stake in Yelp in the second quarter worth $2,292,000. Crestline Management LP bought a new stake in Yelp in the third quarter worth $1,209,000. Fox Run Management L.L.C. bought a new stake in Yelp in the third quarter worth $455,000. Finally, Stonerise Capital Management LLC increased its position in Yelp by 30.8% in the second quarter. Stonerise Capital Management LLC now owns 339,700 shares of the local business review company’s stock worth $10,198,000 after purchasing an additional 80,000 shares during the last quarter. Institutional investors own 85.69% of the company’s stock.

A number of equities analysts recently issued reports on YELP shares. DA Davidson started coverage on shares of Yelp in a report on Friday, September 22nd. They issued a “buy” rating and a $51.00 price objective on the stock. Citigroup raised their price objective on shares of Yelp from $42.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, October 2nd. Morgan Stanley reissued an “equal weight” rating and issued a $40.00 price objective (up previously from $26.00) on shares of Yelp in a report on Monday, October 2nd. KeyCorp reaffirmed a “buy” rating and set a $54.00 price target on shares of Yelp in a report on Wednesday, October 4th. Finally, BidaskClub raised shares of 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 assigned a hold rating and twenty have given a buy rating to the company’s stock. Yelp presently has a consensus rating of “Hold” and an average target price of $43.49.

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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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