Yellow Co. (NASDAQ:YELL) CFO Acquires $18,200.00 in Stock

Yellow Co. (NASDAQ:YELL – Get Rating) CFO Daniel L. Olivier acquired 5,000 shares of the company’s stock in a transaction on Friday, May 20th. The shares were purchased at an average cost of $3.64 per share, with a total value of $18,200.00. Following the completion of the acquisition, the chief financial officer now directly owns 345,053 shares in the company, valued at approximately $1,255,992.92. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of YELL stock traded down $0.02 on Monday, reaching $3.58. The company had a trading volume of 789,617 shares, compared to its average volume of 891,693. The stock has a market cap of $184.43 million, a PE ratio of -2.49 and a beta of 3.09. The company has a 50-day moving average of $5.47 and a 200-day moving average of $9.22. Yellow Co. has a 12 month low of $3.36 and a 12 month high of $15.24.

Yellow (NASDAQ:YELL – Get Rating) last posted its earnings results on Tuesday, May 10th. The company reported ($0.54) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.27). The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the firm posted ($1.26) earnings per share. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. Analysts anticipate that Yellow Co. will post 0.75 EPS for the current year.

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

A number of large investors have recently added to or reduced their stakes in YELL. Morgan Stanley acquired a new position in Yellow during the 1st quarter worth approximately $508,000. SG Americas Securities LLC acquired a new stake in shares of Yellow in the 3rd quarter valued at approximately $189,000. BlackRock Inc. boosted its holdings in shares of Yellow by 0.6% in the 3rd quarter. BlackRock Inc. now owns 3,316,689 shares of the company’s stock valued at $18,740,000 after buying an additional 19,778 shares during the last quarter. Citigroup Inc. boosted its holdings in shares of Yellow by 135.5% in the 3rd quarter. Citigroup Inc. now owns 5,643 shares of the company’s stock valued at $32,000 after buying an additional 3,247 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Yellow by 35.6% in the 3rd quarter. Goldman Sachs Group Inc. now owns 299,308 shares of the company’s stock valued at $1,691,000 after buying an additional 78,591 shares during the last quarter. 48.50% of the stock is owned by hedge funds and other institutional investors.

Yellow Company Profile (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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