US Bancorp DE decreased its stake in Yelp Inc. (NYSE:YELP) by 7.three% through the first quarter, in line with its most up-to-date submitting with the Securities and Exchange Commission. The institutional investor owned 5,574 shares of the local enterprise assessment firm’s inventory after promoting 437 shares in the course of the interval. US Bancorp DE’s holdings in Yelp have been value $182,00zero as of its most up-to-date submitting with the SEC.

A quantity of different hedge funds and different institutional buyers have additionally modified their holdings of the corporate. Fortaleza Asset Management Inc. elevated its place in shares of Yelp by 19.7% within the fourth quarter. Fortaleza Asset Management Inc. now owns 22,990 shares of the local enterprise evaluation firm’s inventory valued at $877,00zero after shopping for a further three,785 shares over the past quarter. Castleark Management LLC elevated its place in shares of Yelp by 39.zero% within the fourth quarter. Castleark Management LLC now owns 314,155 shares of the local enterprise assessment firm’s inventory valued at $11,979,00zero after shopping for a further 88,135 shares over the past quarter. Janus Capital Management LLC elevated its place in shares of Yelp by 215.9% within the fourth quarter. Janus Capital Management LLC now owns 27,800 shares of the local enterprise evaluate firm’s inventory valued at $1,060,00zero after shopping for a further 19,00zero shares over the past quarter. Cantab Capital Partners LLP acquired a brand new place in shares of Yelp through the fourth quarter valued at about $410,00zero. Finally, Renaissance Technologies LLC elevated its place in shares of Yelp by 9.zero% within the fourth quarter. Renaissance Technologies LLC now owns 327,100 shares of the local enterprise assessment firm’s inventory valued at $12,472,00zero after shopping for a further 26,900 shares over the past quarter. 90.69% of the inventory is at present owned by institutional buyers.

Institutional Ownership by Quarter for Yelp (NYSE:YELP)

Yelp (NYSE:YELP) final posted its quarterly earnings knowledge on Tuesday, May ninth. The local enterprise evaluate firm reported ($zero.06) EPS for the quarter, beating analysts’ consensus estimates of ($zero.08) by $zero.02. Yelp had a internet margin of zero.80% and a return on fairness of zero.77%. The firm had income of $197.32 million through the quarter, in comparison with analyst estimates of $198.51 million. During the identical interval within the prior yr, the agency earned $zero.08 earnings per share. The enterprise’s quarterly income was up 24.four% on a yr-over-yr foundation.

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Several brokerages have issued stories on YELP. Vetr downgraded shares of Yelp from a “buy” score to a “hold” score and set a $36.94 worth goal on the inventory. in a analysis report on Thursday, April 27th. Wells Fargo & Company raised shares of Yelp from an “underperform” score to a “market perform” score and set a $27.00 worth goal on the inventory in a analysis report on Friday, May fifth. Cantor Fitzgerald reissued a “buy” score and set a $46.00 worth goal on shares of Yelp in a analysis report on Friday, May fifth. B. Riley reissued a “neutral” score and set a $25.00 worth goal on shares of Yelp in a analysis report on Wednesday, May 10th. Finally, Royal Bank Of Canada downgraded shares of Yelp from an “outperform” score to a “sector perform” score and lowered their goal worth for the corporate from $49.00 to $27.00 in a report on Wednesday, May 10th. Two analysis analysts have rated the inventory with a promote score, seventeen have given a maintain score and sixteen have assigned a purchase score to the corporate. The firm presently has a mean score of “Hold” and a mean worth goal of $35.42.

In different information, CFO Charles Baker bought 12,176 shares of the inventory in a transaction that occurred on Tuesday, May 23rd. The shares have been bought at a mean worth of $28.23, for a complete worth of $343,728.48. Following the completion of the sale, the chief monetary officer now immediately owns 116,862 shares of the corporate’s inventory, valued at $three,299,014.26. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which is obtainable by way of the SEC web site. Also, Director Geoffrey L. Donaker bought four,00zero shares of the inventory in a transaction that occurred on Tuesday, May 2nd. The inventory was bought at a mean worth of $36.00, for a complete transaction of $144,00zero.00. Following the completion of the sale, the director now instantly owns 9,590 shares of the corporate’s inventory, valued at $345,240. The disclosure for this sale might be discovered right here. Insiders have bought 67,121 shares of firm inventory valued at $2,086,426 during the last ninety days. Insiders personal 11.08% of the corporate’s inventory.

About Yelp

Yelp Inc (Yelp) connects individuals with local companies by bringing ‘word of mouth’ on-line and offering a platform for companies and shoppers to interact and transact. The Company provides local enterprise evaluation websites. Yelp offers a platform for shoppers to share their on a regular basis local enterprise experiences with different shoppers by posting reviews, ideas, photographs and movies, and to interact instantly with companies, via reviews, its Request-A-Quote and Message the Business options, and by finishing transactions on the Yelp Platform.

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