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Yelp (NASDAQ:NYSE:YELP) Chief Operating Officer Joseph R. Nachman sold 7,000 shares of the company’s common stock on July 7, 2025, for approximately $245,795. The shares were sold at prices ranging from $34.8 to $35.42.
Following the transaction, Nachman directly owns 250,456 shares of Yelp. The sale was executed under a pre-arranged 10b5-1 trading plan adopted on December 2, 2024. According to InvestingPro analysis, Yelp appears undervalued at current levels, with management actively buying back shares. Discover 8 more exclusive ProTips and comprehensive financial analysis in the Pro Research Report, available with an InvestingPro subscription.
In other recent news, Yelp has reported its first-quarter financial results for 2025, showcasing a robust performance with revenue reaching $359 million, an 8% increase year-over-year. This figure exceeded the company’s own guidance of $350 to $355 million. Yelp’s net income also saw a substantial rise, increasing by 72% year-over-year to $24 million. The company’s adjusted EBITDA was reported at $85 million, marking a 32% increase compared to the previous year. This strong financial showing has prompted Yelp to raise the high-end of its adjusted EBITDA outlook for the future.
JPMorgan has responded to these earnings by raising Yelp’s stock price target to $38 from $35, maintaining a Neutral rating due to macroeconomic uncertainties, particularly in the restaurant and retail sectors. Conversely, BofA Securities has lowered its price target for Yelp to $31, citing anticipated lower growth in Yelp’s Services and Restaurants & Retail segment and increased costs. BofA maintains an Underperform rating on the stock, projecting a slight decline in revenue and GAAP earnings per share for the upcoming years.
Yelp continues to focus on AI-powered innovations, having introduced 15 new features to enhance its capabilities. The company is also planning to maintain its headcount stable year-over-year, reflecting a disciplined approach to expense management. Despite challenges in the restaurant and retail categories, Yelp’s services segment remains strong, with a 14% revenue growth year-over-year.
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