Yelp (NASDAQ:YELP) CEO Jeremy Stoppelman unloaded 14,705 shares of Yelp stock on the open market in a transaction dated Monday, December 30th. The shares were sold at an average price of $64.83, for a total transaction of $953,325.15. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
A number of research firms have recently commented on YELP. Analysts at Feltl & Co. initiated coverage on shares of Yelp in a research note to investors on Thursday, December 19th. They set a “buy” rating and a $77.00 price target on the stock. Separately, analysts at B. Riley initiated coverage on shares of Yelp in a research note to investors on Wednesday, December 11th. They set a “neutral” rating and a $62.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of Yelp in a research note to investors on Friday, November 15th. They set a “neutral” rating on the stock. Fourteen research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $68.03.
Yelp (NASDAQ:YELP) traded up 4.45% during mid-day trading on Tuesday, hitting $68.95. The stock had a trading volume of 2,534,828 shares. Yelp has a 1-year low of $19.13 and a 1-year high of $75.37. The stock’s 50-day moving average is $64.33 and its 200-day moving average is $56.53. The company’s market cap is $4.558 billion.
Yelp (NASDAQ:YELP) last announced its earnings results on Tuesday, October 29th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by $0.03. The company had revenue of $61.20 million for the quarter, compared to the consensus estimate of $59.40 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was up 68.1% on a year-over-year basis. Analysts expect that Yelp will post $-0.15 EPS for the current fiscal year.
Yelp Inc connects people with great local businesses. Its users have contributed a total of approximately 36.
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