Is there a Bearish outlook for Yelp Inc. (NYSE:YELP) this week?

July 13, 2018 - By Eula Gilbert

Yelp Inc. (NYSE:YELP) LogoInvestors sentiment decreased to 0.91 in Q1 2018. Its down 0.42, from 1.33 in 2017Q4. It turned negative, as 38 investors sold Yelp Inc. shares while 60 reduced holdings. 35 funds opened positions while 54 raised stakes. 62.32 million shares or 2.88% more from 60.57 million shares in 2017Q4 were reported.
Proshare Advsr Limited Liability, Maryland-based fund reported 10,613 shares. National Bank Of America Corporation De, a North Carolina-based fund reported 147,983 shares. Goldman Sachs stated it has 0.01% of its portfolio in Yelp Inc. (NYSE:YELP). Pub Employees Retirement Association Of Colorado holds 0% or 12,927 shares in its portfolio. Rhumbline Advisers has 75,425 shares for 0.01% of their portfolio. Us Retail Bank De has invested 0% of its portfolio in Yelp Inc. (NYSE:YELP). Macquarie Gru Limited reported 0.04% of its portfolio in Yelp Inc. (NYSE:YELP). Jackson Square Ltd has 0.44% invested in Yelp Inc. (NYSE:YELP) for 2.10M shares. Raymond James Associates owns 23,830 shares. Koch Industry invested 0.03% of its portfolio in Yelp Inc. (NYSE:YELP). Prudential Financial Incorporated accumulated 0% or 9,560 shares. Qs Invsts Limited Liability holds 99,580 shares. Deutsche Natl Bank Ag owns 0.01% invested in Yelp Inc. (NYSE:YELP) for 474,031 shares. Geode Mngmt Ltd Liability Corp invested in 658,765 shares or 0.01% of the stock. Point72 Asia (Hong Kong) Ltd reported 0% stake.

Since January 16, 2018, it had 0 buys, and 37 selling transactions for $13.71 million activity. Stoppelman Jeremy sold $548,010 worth of stock or 13,000 shares. $657,273 worth of Yelp Inc. (NYSE:YELP) shares were sold by Nachman Joseph R.

Yelp Inc. (NYSE:YELP) Ratings Coverage

Among 14 analysts covering Yelp (NYSE:YELP), 6 have Buy rating, 2 Sell and 6 Hold. Therefore 43% are positive. Yelp had 18 analyst reports since January 24, 2018 according to SRatingsIntel. The stock of Yelp Inc. (NYSE:YELP) earned “Sell” rating by Piper Jaffray on Thursday, May 3. As per Friday, May 11, the company rating was maintained by Credit Suisse. The firm earned “Hold” rating on Thursday, February 8 by Stifel Nicolaus. The rating was maintained by Barclays Capital on Thursday, February 8 with “Equal-Weight”. The firm earned “Buy” rating on Monday, June 4 by Citigroup. The rating was upgraded by FBR Capital to “Buy” on Friday, May 18. Bank of America maintained the stock with “Buy” rating in Wednesday, January 24 report. Bank of America maintained the shares of YELP in report on Thursday, February 8 with “Buy” rating. The stock of Yelp Inc. (NYSE:YELP) has “Sell” rating given on Thursday, February 8 by Piper Jaffray. On Wednesday, February 7 the stock rating was maintained by RBC Capital Markets with “Buy”. Below is a list of Yelp Inc. (NYSE:YELP) latest ratings and price target changes.

13/06/2018 Broker: Aegis Capital Old Rating: Hold New Rating: Sell Old Target: $45 New Target: $34 Downgrade
06/06/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Sector Weight Downgrade
04/06/2018 Broker: Citigroup Rating: Buy Maintain
18/05/2018 Broker: FBR Capital Rating: Buy New Target: $58.0000 Upgrade
11/05/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $55 New Target: $60 Maintain
11/05/2018 Broker: Aegis Capital Old Rating: Buy New Rating: Hold Old Target: $47 Downgrade
03/05/2018 Broker: Piper Jaffray Rating: Sell New Target: $36.5000 Maintain
08/02/2018 Broker: William Blair Rating: Hold
08/02/2018 Broker: SunTrust Rating: Buy New Target: $50.0 Maintain
08/02/2018 Broker: Piper Jaffray Rating: Sell New Target: $36.5 Maintain

The stock decreased 2.60% or $1.06 during the last trading session, reaching $39.66. About 778,976 shares traded. Yelp Inc. (NYSE:YELP) has risen 51.73% since July 13, 2017 and is uptrending. It has outperformed by 39.16% the S&P500.

Yelp Inc. operates a platform that connects people with local businesses in the United States, Canada, and internationally. The company has market cap of $3.32 billion. The Company’s platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others. It has a 22.7 P/E ratio. The firm provides free and paid business listing services to businesses, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile application.

More notable recent Yelp Inc. (NYSE:YELP) news were published by: Seekingalpha.com which released: “Yelp Has Multiple Competitive Risks” on June 20, 2018, also Fool.com with their article: “This High-Tech Industry Is Driving Yelp’s Growth” published on June 26, 2018, 247Wallst.com published: “Are Short Sellers Signaling Optimism in Social Media Stocks?” on July 12, 2018. More interesting news about Yelp Inc. (NYSE:YELP) were released by: Fool.com and their article: “Investors Should Give Yelp’s New Ad Model the Benefit of the Doubt” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Bespoke’s Most Volatile Stocks On Earnings Ahead Of Q2 Earnings Season” with publication date: July 10, 2018.

Yelp Inc. (NYSE:YELP) Institutional Positions Chart

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