First Trust Advisors LP Grows Stake in Yelp Inc. $YELP

First Trust Advisors LP grew its stake in shares of Yelp Inc. (NYSE:YELP) by 34.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,876 shares of the local business review company’s stock after buying an additional 27,937 shares during the period. First Trust Advisors LP owned 0.18% of Yelp worth $2,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in YELP. Royal Bank of Canada increased its stake in Yelp by 157.8% in the 1st quarter. Royal Bank of Canada now owns 252,564 shares of the local business review company’s stock worth $9,352,000 after acquiring an additional 154,612 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Yelp by 0.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 76,376 shares of the local business review company’s stock worth $2,828,000 after buying an additional 506 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Yelp by 2.6% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 208,551 shares of the local business review company’s stock valued at $7,723,000 after purchasing an additional 5,210 shares during the period. Intech Investment Management LLC lifted its holdings in Yelp by 21.8% during the 1st quarter. Intech Investment Management LLC now owns 39,377 shares of the local business review company’s stock valued at $1,458,000 after buying an additional 7,053 shares in the last quarter. Finally, Strs Ohio bought a new stake in shares of Yelp during the first quarter valued at approximately $56,000. 90.11% of the stock is owned by institutional investors.

Analyst Ratings Changes

YELP has been the subject of a number of research reports. Zacks Research raised shares of Yelp from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 14th. Weiss Ratings reissued a “sell (d+)” rating on shares of Yelp in a research report on Monday, May 11th. Morgan Stanley dropped their target price on shares of Yelp from $28.00 to $24.00 and set an “underweight” rating on the stock in a research report on Friday, May 15th. Evercore set a $30.00 price objective on Yelp in a report on Monday, May 11th. Finally, Robert W. Baird set a $28.00 price objective on shares of Yelp in a research note on Friday, May 8th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $27.57.

Insider Transactions at Yelp

In other Yelp news, Director Christine Barone sold 15,507 shares of Yelp stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $22.95, for a total transaction of $355,885.65. Following the transaction, the director directly owned 15,928 shares of the company’s stock, valued at $365,547.60. The trade was a 49.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 17,507 shares of company stock worth $402,481 in the last ninety days. 8.30% of the stock is currently owned by company insiders.

More Yelp News

Here are the key news stories impacting Yelp this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Yelp reported adjusted earnings of $0.62 per share, well above the $0.32–$0.36 analyst estimates, while revenue of $375.5 million surpassed expectations of approximately $367 million. Revenue increased 1.4% year over year, supporting the positive investor reaction. Yelp Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Results beat consensus despite a year-over-year EPS decline. The earnings outperformance suggests effective cost management and stronger-than-anticipated profitability, even though EPS declined from $0.67 in the prior-year quarter. Yelp Quarterly Earnings Results
• Positive Sentiment: Management’s full-year revenue outlook is broadly in line with Wall Street expectations. Yelp provided fiscal 2026 revenue guidance of approximately $1.5 billion, matching consensus and reducing the risk of a major forecast shortfall. Yelp Shares Rise on Strong Q2

Yelp Trading Up 2.5%

Shares of YELP stock opened at $25.67 on Friday. The firm has a market capitalization of $1.41 billion, a P/E ratio of 12.28, a PEG ratio of 2.69 and a beta of 0.46. Yelp Inc. has a fifty-two week low of $19.60 and a fifty-two week high of $34.49. The stock’s fifty day moving average is $24.87 and its two-hundred day moving average is $24.86. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.74 and a current ratio of 1.74.

Yelp (NYSE:YELP) last announced its quarterly earnings data on Thursday, August 6th. The local business review company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.21. The company had revenue of $375.52 million during the quarter, compared to analysts’ expectations of $366.89 million. Yelp had a net margin of 8.59% and a return on equity of 19.19%. Yelp’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.67 EPS. Research analysts expect that Yelp Inc. will post 1.85 earnings per share for the current fiscal year.

Yelp Profile

Yelp is a digital platform that connects consumers with local businesses through user-generated reviews, ratings and multimedia content. The company’s flagship offerings include the Yelp website and mobile applications for iOS and Android, where users can search for and discover restaurants, shops, service providers and other points of interest. In addition to crowd-sourced reviews and photographs, Yelp provides business profile pages featuring hours, contact information, menus and direct messaging capabilities.

Yelp generates revenue primarily through advertising services sold to small and medium-sized enterprises.