Nachman, Yelp COO, sells $649k in shares

Published 06/09/2025, 00:16
Nachman, Yelp COO, sells $649k in shares

Yelp (NASDAQ:YELP), the review platform showing strong financial health with an impressive 90.6% gross profit margin, reported that Chief Operating Officer Joseph R. Nachman sold 20,325 shares of common stock on September 5, 2025, for approximately $649,421. The shares were sold in multiple transactions with prices ranging from $31.72 to $32.31. According to InvestingPro analysis, Yelp is currently trading below its Fair Value.

Nachman also exercised options to acquire 13,325 shares of Yelp common stock at a price of $20.47, for a total value of $272,762. Following these transactions, Nachman directly owns 226,668 shares of Yelp, maintaining significant skin in the game at a company that holds more cash than debt on its balance sheet.

The sales were executed under a pre-arranged 10b5-1 trading plan adopted on December 2, 2024. For deeper insights into insider trading patterns and 8 additional key metrics, check out the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Yelp Inc. reported strong earnings for the second quarter of 2025, surpassing expectations. The company achieved an earnings per share (EPS) of $0.67, which was 31.37% higher than the anticipated $0.51. Revenue also exceeded forecasts, reaching $370.34 million compared to the expected $365.69 million. Despite these positive earnings, Evercore ISI adjusted its price target for Yelp to $37, citing macroeconomic challenges in the Services segment. Similarly, Craig-Hallum lowered its price target to $40 but maintained a Buy rating, highlighting growth opportunities in artificial intelligence initiatives. BofA Securities also reduced its price target to $30, maintaining an Underperform rating due to declining user engagement. Additionally, Yelp announced the appointment of Logan Green, Lyft’s co-founder, to its Board of Directors, bringing his expertise in consumer technology to the company. These developments reflect the dynamic environment Yelp is navigating amid broader economic uncertainties.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.