Yelp Inc. $YELP Shares Bought by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of Yelp Inc. (NYSE:YELP) by 4.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 182,329 shares of the local business review company’s stock after buying an additional 7,385 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.29% of Yelp worth $6,248,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. LSV Asset Management grew its position in Yelp by 122.8% during the first quarter. LSV Asset Management now owns 1,902,318 shares of the local business review company’s stock worth $70,443,000 after buying an additional 1,048,451 shares during the period. Jupiter Asset Management Ltd. boosted its stake in shares of Yelp by 268.1% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 753,173 shares of the local business review company’s stock worth $25,811,000 after acquiring an additional 548,586 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Yelp in the 1st quarter worth approximately $13,811,000. Tenzing Global Management LLC purchased a new position in Yelp in the 1st quarter valued at approximately $6,480,000. Finally, Royal Bank of Canada raised its holdings in Yelp by 157.8% during the first quarter. Royal Bank of Canada now owns 252,564 shares of the local business review company’s stock worth $9,352,000 after purchasing an additional 154,612 shares during the last quarter. 90.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Yelp news, CFO David A. Schwarzbach sold 10,000 shares of Yelp stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $33.58, for a total transaction of $335,800.00. Following the sale, the chief financial officer directly owned 160,196 shares in the company, valued at $5,379,381.68. The trade was a 5.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Carmen Amara sold 1,500 shares of Yelp stock in a transaction on Monday, October 27th. The stock was sold at an average price of $33.04, for a total transaction of $49,560.00. Following the completion of the sale, the insider owned 82,566 shares of the company’s stock, valued at approximately $2,727,980.64. This trade represents a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 39,100 shares of company stock worth $1,254,036 over the last ninety days. Corporate insiders own 8.00% of the company’s stock.

Analyst Ratings Changes

YELP has been the topic of a number of research reports. Wall Street Zen cut shares of Yelp from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. The Goldman Sachs Group set a $33.00 price objective on shares of Yelp in a research note on Tuesday, October 14th. Zacks Research cut Yelp from a “strong-buy” rating to a “hold” rating in a report on Monday, October 27th. Bank of America dropped their price target on Yelp from $31.00 to $30.00 and set an “underperform” rating for the company in a research report on Friday, August 8th. Finally, Evercore ISI reduced their price objective on Yelp from $45.00 to $38.00 and set an “outperform” rating on the stock in a research report on Monday, November 10th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $32.20.

Yelp Price Performance

NYSE YELP opened at $28.77 on Friday. Yelp Inc. has a 1-year low of $27.29 and a 1-year high of $41.72. The firm has a market capitalization of $1.77 billion, a P/E ratio of 13.02, a P/E/G ratio of 0.81 and a beta of 0.99. The business’s 50-day simple moving average is $31.41 and its 200-day simple moving average is $33.55.

Yelp (NYSE:YELP) last posted its earnings results on Thursday, November 6th. The local business review company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.14. The business had revenue of $376.04 million for the quarter, compared to analyst estimates of $368.39 million. Yelp had a net margin of 10.28% and a return on equity of 20.17%. The business’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.56 EPS. Yelp has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities research analysts expect that Yelp Inc. will post 2.22 EPS for the current fiscal year.

Yelp Profile

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.