2 weeks Ago By Defense World Staff
Yelp ( NYSE:YELP – Free Report ) had its price target cut by Robert W. Baird from $39.00 to $37.
00 in a research report report published on Friday, Benzinga reports. They currently have a neutral rating on the local business review company’s stock. YELP has been the topic of several other reports.
JPMorgan Chase & Co. lowered their price target on shares of Yelp from $38.00 to $35.
00 and set a “neutral” rating on the stock in a research report on Monday, August 12th. StockNews.com cut Yelp from a “strong-buy” rating to a “buy” rating in a report on Monday, August 12th.
Wolfe Research assumed coverage on Yelp in a research report on Tuesday, July 16th. They set a “peer perform” rating for the company. Morgan Stanley boosted their target price on shares of Yelp from $32.
00 to $34.00 and gave the company an “underweight” rating in a research note on Tuesday, July 23rd. Finally, The Goldman Sachs Group cut shares of Yelp from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $46.
00 to $38.00 in a research note on Monday, October 14th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock.
Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $37.00.
Read Our Latest Research Report on Yelp Yelp Stock Up 4.5 % Insider Activity In other Yelp news, CTO Sam Eaton sold 10,776 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $35.
00, for a total transaction of $377,160.00. Following the transaction, the chief technology officer now owns 145,171 shares of the company’s stock, valued at $5,080,985.
This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink .
In related news, COO Joseph R. Nachman sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of $34.
02, for a total value of $238,140.00. Following the transaction, the chief operating officer now owns 255,558 shares in the company, valued at approximately $8,694,083.
16. This trade represents a 0.00 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Also, CTO Sam Eaton sold 10,776 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $35.
00, for a total transaction of $377,160.00. Following the sale, the chief technology officer now owns 145,171 shares of the company’s stock, valued at approximately $5,080,985.
This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Corporate insiders own 7.40% of the company’s stock. Institutional Investors Weigh In On Yelp Hedge funds have recently modified their holdings of the stock.
Landscape Capital Management L.L.C.
purchased a new stake in Yelp during the 3rd quarter worth $336,000. Intech Investment Management LLC purchased a new stake in shares of Yelp during the third quarter worth about $745,000. Connor Clark & Lunn Investment Management Ltd.
purchased a new stake in shares of Yelp during the third quarter worth about $267,000. Quest Partners LLC lifted its stake in shares of Yelp by 209.6% in the third quarter.
Quest Partners LLC now owns 83,883 shares of the local business review company’s stock worth $2,943,000 after acquiring an additional 56,789 shares in the last quarter. Finally, Ceera Investments LLC boosted its holdings in Yelp by 10.0% in the third quarter.
Ceera Investments LLC now owns 191,017 shares of the local business review company’s stock valued at $6,701,000 after purchasing an additional 17,420 shares during the last quarter. 90.11% of the stock is currently owned by hedge funds and other institutional investors.
Yelp Company Profile ( 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. Recommended Stories Five stocks we like better than Yelp 5 discounted opportunities for dividend growth investors 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion How to Calculate Retirement Income: MarketBeat’s Calculator Monday.
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