Yelp Inc (NYSE:YELP) CEO Jeremy Stoppelman sold 13,000 shares of the firm’s 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $46.59, for a total transaction of $605,670.00.
  • On Wednesday, October 25th, Jeremy Stoppelman sold 13,000 shares of Yelp stock. The shares were sold at an average price of $43.94, for a total transaction of $571,220.00.

Shares of Yelp Inc (YELP) opened at $43.29 on Thursday. Yelp Inc has a 1 year low of $26.93 and a 1 year high of $48.40. The firm has a market cap of $3,590.00, a price-to-earnings ratio of 188.22, a P/E/G ratio of 3.92 and a beta of 1.22.

Yelp (NYSE:YELP) last announced its quarterly earnings results on Wednesday, November 1st. The local business review company reported $0.29 earnings per share 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 company had revenue of $222.40 million for the quarter, compared to analysts’ expectations of $220.75 million. During the same quarter in the previous year, the business posted $0.22 earnings per share. Yelp’s quarterly revenue was up 19.4% on a year-over-year basis. equities analysts forecast 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. Oppenheimer Asset Management Inc. increased its position in Yelp by 28,585.7% in the third quarter. Oppenheimer Asset Management Inc. now owns 4,016 shares of the local business review company’s stock worth $174,000 after purchasing an additional 4,002 shares during the last quarter. Russell Investments Group Ltd. increased its position in Yelp by 98.8% in the second quarter. Russell Investments Group Ltd. now owns 4,091 shares of the local business review company’s stock worth $123,000 after purchasing an additional 2,033 shares during the last quarter. Commerzbank Aktiengesellschaft FI bought a new stake in Yelp in the third quarter worth $204,000. Turner Investments LLC bought a new stake in Yelp in the third quarter worth $217,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Yelp in the third quarter worth $222,000. Institutional investors own 85.69% of the company’s stock.

YELP has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Yelp from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. SunTrust Banks set a $51.00 price target on shares of Yelp and gave the company a “buy” rating in a report on Friday, October 27th. Goldman Sachs Group reaffirmed a “neutral” rating and set a $42.00 price target on shares of Yelp in a report on Wednesday, October 11th. Cantor Fitzgerald downgraded shares of Yelp from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $46.73 to $44.00 in a report on Monday, October 9th. Finally, KeyCorp reaffirmed a “buy” rating and set a $54.00 price target on shares of Yelp in a report on Tuesday, October 17th. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating and twenty have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $43.49.

WARNING: This story was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this story on another domain, it was stolen and reposted in violation of United States & international copyright law. The original version of this story can be accessed at https://www.watchlistnews.com/jeremy-stoppelman-sells-13000-shares-of-yelp-inc-yelp-stock/1802475.html.

About Yelp

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)

Receive News & Ratings for Yelp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yelp and related companies with MarketBeat.com's FREE daily email newsletter.