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SAN FRANCISCO—David A. Schwarzbach, Chief Financial Officer of Yelp Inc. (NYSE:YELP), recently sold 10,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The sale, executed under a 10b5-1 trading plan, took place on April 14, 2025, at a weighted average price of $34.31 per share, generating a total of $343,137. According to InvestingPro data, the company maintains impressive financial health with a 91% gross profit margin and strong liquidity, with current assets more than triple its short-term obligations.
The shares were sold in multiple transactions at prices ranging from $33.91 to $34.63. Following this transaction, Schwarzbach retains ownership of 239,112 shares in the company. The 10b5-1 plan, under which the sale was conducted, had been adopted by Schwarzbach on August 29, 2024. With the stock trading near its 52-week low of $32.56, InvestingPro analysis suggests the company is currently undervalued, while maintaining a healthy balance sheet with minimal debt-to-equity ratio of 0.06.
Investors often monitor insider transactions like these to gauge the sentiment of company executives regarding the company’s stock. For deeper insights into insider trading patterns and comprehensive analysis, InvestingPro subscribers can access detailed Pro Research Reports covering 1,400+ top stocks, including Yelp’s complete financial health metrics and valuation analysis.
In other recent news, Yelp reported better-than-expected fourth-quarter results, with adjusted earnings per share of $0.62, surpassing the analyst estimate of $0.53. The company also reported revenue of $361.95 million for the quarter, exceeding the consensus estimate of $351.61 million. For the full year 2024, Yelp achieved record net revenue of $1.41 billion, marking a 6% increase year-over-year. Advertising revenue from services categories rose 11% year-over-year to $879 million, which helped offset a 3% decline in restaurant, retail, and other categories. Net income for 2024 increased by 34% year-over-year to $133 million, with an adjusted EBITDA growth of 8% year-over-year to $358 million. Looking forward, Yelp provided an optimistic outlook for 2025, projecting net revenue between $1.47 billion and $1.485 billion, aligning with analyst expectations. In addition, Craig-Hallum raised Yelp’s price target to $48.00, up from $44.00, maintaining a Buy rating. Analyst Jason Kreyer cited Yelp’s growth in the Home Services sector and investments in artificial intelligence as key factors for this optimistic outlook.
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