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Yelp (NYSE:YELP) Inc NASDAQ:YELP Chief Financial Officer David A Schwarzbach sold 10,000 shares of common stock on July 17, 2025, according to a new SEC filing. The shares were sold at a weighted average price of $34.6833, for a total value of $346,833. Prices for the sales ranged from $34.455 to $34.85. The transaction comes as Yelp maintains a strong financial position, with InvestingPro data showing impressive gross margins of 91% and more cash than debt on its balance sheet.
Following the transaction, Schwarzbach directly owns 199,654 shares of Yelp. According to InvestingPro analysis, the company appears undervalued at current levels, with management actively buying back shares. Discover 8 more exclusive InvestingPro Tips and comprehensive financial analysis in our detailed Pro Research Report.
The sale was executed under a 10b5-1 trading plan adopted on August 29, 2024.
In other recent news, Yelp Inc. reported strong first-quarter 2025 financial results, with revenue reaching $359 million, an 8% increase year-over-year, surpassing the anticipated $353.43 million. The company’s net income rose significantly by 72% year-over-year to $24 million, driven by a 14% growth in its services segment, although the restaurant and retail categories faced a 3% decline. Adjusted EBITDA also saw a substantial increase, reaching $85 million, a 32% rise from the previous year. Despite these positive outcomes, BofA Securities adjusted its outlook on Yelp, cutting the stock price target to $31 from $34, maintaining an Underperform rating, citing anticipated lower growth in key segments and increased costs. Conversely, JPMorgan raised its price target for Yelp to $38 from $35, maintaining a Neutral rating while expressing confidence in Yelp’s cost control measures. Yelp has also introduced 15 new features to enhance its AI capabilities, aiming to maintain its competitive edge. The company projects its second-quarter net revenue to range between $362 million and $367 million, with full-year revenue expectations set between $1.465 billion and $1.485 billion. Looking ahead, Yelp plans to focus on AI-driven product enhancements and services to drive future growth.
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