Yellow Co. (NASDAQ:YELL) Director Matthew A. Doheny Buys 53,150 Shares of Stock

Yellow Co. (NASDAQ:YELL – Get Rating) Director Matthew A. Doheny bought 53,150 shares of the business’s stock in a transaction on Friday, May 13th. The stock was purchased at an average price of $3.83 per share, with a total value of $203,564.50. Following the completion of the transaction, the director now directly owns 460,545 shares of the company’s stock, valued at $1,763,887.35. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

YELL opened at $3.42 on Tuesday. The company has a market capitalization of $176.10 million, a price-to-earnings ratio of -2.37 and a beta of 3.09. Yellow Co. has a 1-year low of $3.37 and a 1-year high of $15.24. The business has a 50 day moving average price of $5.79 and a two-hundred day moving average price of $9.39.

Yellow (NASDAQ:YELL – Get Rating) last announced its quarterly earnings data on Tuesday, May 10th. The company reported ($0.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.27). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the previous year, the business earned ($1.26) EPS. The business’s revenue was up 5.2% on a year-over-year basis. As a group, research analysts predict that Yellow Co. will post 0.75 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in the company. BlackRock Inc. lifted its position in shares of Yellow by 0.6% during the 3rd quarter. BlackRock Inc. now owns 3,316,689 shares of the company’s stock valued at $18,740,000 after acquiring an additional 19,778 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Yellow by 22.8% during the 1st quarter. Vanguard Group Inc. now owns 2,609,493 shares of the company’s stock valued at $18,293,000 after acquiring an additional 483,953 shares during the last quarter. State Street Corp lifted its position in shares of Yellow by 73.1% during the 1st quarter. State Street Corp now owns 2,497,242 shares of the company’s stock valued at $17,506,000 after acquiring an additional 1,054,720 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of Yellow by 28.6% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 2,403,018 shares of the company’s stock valued at $30,254,000 after acquiring an additional 534,196 shares during the last quarter. Finally, Cooper Creek Partners Management LLC raised its stake in Yellow by 11.0% during the 1st quarter. Cooper Creek Partners Management LLC now owns 1,845,991 shares of the company’s stock valued at $12,940,000 after purchasing an additional 183,371 shares during the period. Institutional investors own 48.50% of the company’s stock.

Separately, Zacks Investment Research downgraded Yellow from a “buy” rating to a “hold” rating in a research report on Wednesday, May 4th.

About Yellow (Get Rating)

Yellow Corporation, through its subsidiaries, provides various transportation services primarily in North America. The company primarily offers less-than-truckload (LTL) shipments and supply chain solutions to transport industrial, commercial, and retail goods. It also provides customer-specific logistics solutions, including truckload, residential, and warehouse solutions, as well as ships apparels, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components.

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