Yelp Inc. (NYSE:YELP) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lowered its holdings in shares of Yelp Inc. (NYSE:YELP - Free Report) by 11.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 83,542 shares of the local business review company's stock after selling 10,919 shares during the period. Dana Investment Advisors Inc. owned about 0.13% of Yelp worth $3,233,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC lifted its holdings in Yelp by 9,073.1% in the third quarter. International Assets Investment Management LLC now owns 2,385 shares of the local business review company's stock valued at $84,000 after buying an additional 2,359 shares during the period. US Bancorp DE grew its position in shares of Yelp by 18.9% during the 3rd quarter. US Bancorp DE now owns 19,546 shares of the local business review company's stock valued at $686,000 after purchasing an additional 3,101 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Yelp by 114.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 279,180 shares of the local business review company's stock worth $9,794,000 after acquiring an additional 148,917 shares during the last quarter. Asset Management One Co. Ltd. purchased a new position in Yelp during the 3rd quarter valued at about $54,000. Finally, CWA Asset Management Group LLC bought a new stake in Yelp in the third quarter valued at $364,000. Institutional investors own 90.11% of the company's stock.

Insider Transactions at Yelp

In related news, CFO David A. Schwarzbach sold 10,000 shares of Yelp stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $39.72, for a total value of $397,200.00. Following the completion of the sale, the chief financial officer now directly owns 201,988 shares in the company, valued at $8,022,963.36. The trade was a 4.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Craig Saldanha sold 1,000 shares of the firm's stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $37.99, for a total transaction of $37,990.00. Following the completion of the sale, the insider now owns 183,558 shares in the company, valued at $6,973,368.42. This represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,489 shares of company stock valued at $2,087,187 over the last quarter. 7.40% of the stock is currently owned by company insiders.

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Yelp Price Performance

Shares of Yelp stock traded up $0.28 during trading on Monday, hitting $35.43. 120,809 shares of the company's stock traded hands, compared to its average volume of 681,707. The business has a 50-day simple moving average of $38.27 and a 200-day simple moving average of $36.66. Yelp Inc. has a 1 year low of $32.56 and a 1 year high of $41.72. The stock has a market capitalization of $2.33 billion, a P/E ratio of 18.49, a PEG ratio of 0.76 and a beta of 1.40.

Yelp (NYSE:YELP - Get Free Report) last announced its earnings results on Thursday, February 13th. The local business review company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.09. Yelp had a return on equity of 18.07% and a net margin of 9.41%. The business had revenue of $361.95 million for the quarter, compared to analysts' expectations of $350.73 million. On average, equities analysts predict that Yelp Inc. will post 2.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. StockNews.com raised Yelp from a "buy" rating to a "strong-buy" rating in a research note on Monday, November 11th. Evercore ISI raised shares of Yelp to a "hold" rating in a research report on Monday, November 11th. Finally, Morgan Stanley upped their price objective on shares of Yelp from $34.00 to $35.00 and gave the stock an "underweight" rating in a report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Yelp presently has a consensus rating of "Hold" and a consensus price target of $37.17.

Yelp Company 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.