Creative Planning Has $1.39 Million Stock Holdings in Yelp Inc. $YELP

Creative Planning boosted its position in shares of Yelp Inc. (NYSE:YELP) by 36.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,474 shares of the local business review company’s stock after purchasing an additional 10,736 shares during the period. Creative Planning owned 0.06% of Yelp worth $1,387,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Yelp by 3.4% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 14,436 shares of the local business review company’s stock worth $495,000 after purchasing an additional 478 shares in the last quarter. Hancock Whitney Corp increased its holdings in Yelp by 7.4% in the first quarter. Hancock Whitney Corp now owns 6,986 shares of the local business review company’s stock worth $259,000 after buying an additional 480 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Yelp by 0.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 76,376 shares of the local business review company’s stock valued at $2,828,000 after acquiring an additional 506 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Yelp by 4.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,391 shares of the local business review company’s stock worth $562,000 after acquiring an additional 640 shares in the last quarter. Finally, Meritage Portfolio Management grew its position in Yelp by 4.3% in the second quarter. Meritage Portfolio Management now owns 16,387 shares of the local business review company’s stock worth $562,000 after acquiring an additional 672 shares in the last quarter. 90.11% of the stock is owned by institutional investors and hedge funds.

Yelp Stock Down 0.6%

Shares of NYSE:YELP opened at $28.88 on Friday. The company has a market cap of $1.78 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 0.81 and a beta of 0.99. The business has a 50 day moving average price of $31.14 and a 200 day moving average price of $33.28. Yelp Inc. has a twelve month low of $27.29 and a twelve month high of $41.72.

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

Insider Buying and Selling at Yelp

In related news, CFO David A. Schwarzbach sold 9,611 shares of the stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $29.31, for a total value of $281,698.41. Following the completion of the sale, the chief financial officer owned 141,127 shares in the company, valued at approximately $4,136,432.37. This trade represents a 6.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Craig Saldanha sold 1,200 shares of Yelp stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $32.98, for a total value of $39,576.00. Following the sale, the insider directly owned 201,300 shares in the company, valued at approximately $6,638,874. This trade represents a 0.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 36,711 shares of company stock valued at $1,155,019 in the last ninety days. Company insiders own 8.00% of the company’s stock.

Wall Street Analyst Weigh In

YELP has been the subject of several analyst reports. Bank of America reduced their price objective on shares of Yelp from $31.00 to $30.00 and set an “underperform” rating for the company in a research note on Friday, August 8th. JPMorgan Chase & Co. reduced their price target on Yelp from $33.00 to $30.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Yelp in a report on Tuesday, October 14th. Evercore ISI reduced their target price on Yelp from $45.00 to $38.00 and set an “outperform” rating for the company in a report on Monday, November 10th. Finally, Zacks Research cut Yelp from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $32.20.

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.