Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Yelp Inc shares valued at $238,465 were sold by Nachman Joseph R on Nov 04 ’24. At $34.07 per share, Nachman Joseph R sold 7,000 shares. The insider’s holdings dropped to 248,558 shares worth approximately $9.11 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, JOSEPH NACHMAN purchased 7,000 shares, netting a total of over 238,464 in proceeds.
Before that, THE YELP FOUNDATION had added 3,500 shares to its account. In a trade valued at $122,500, the Officer bought Yelp Inc shares for $35.00 each.
As published in a research note from Goldman on October 14, 2024, Yelp Inc [YELP] has been rated down from a Buy to a Neutral and the price target has been revised to $38 from $46. Analysts at BofA Securities started covering the stock with ‘”an Underperform”‘ outlook in a report released in mid September. As of July 16, 2024, Wolfe Research has initiated its “Peer perform” rating for YELP. Earlier on March 27, 2024, Raymond James initiated its rating. Their recommendation was “a Mkt perform” for YELP stock.
Analyzing YELP Stock Performance
During the last five days, there has been a surge of approximately 6.17%. Over the course of the year, Yelp Inc shares have dropped approximately -22.60%. Shares of the company reached a 52-week high of $46.98 on 01/02/24 and a 52-week low of $32.56 on 08/08/24. A 50-day SMA is recorded $34.24, while a 200-day SMA reached $37.17. Nevertheless, trading volume fell to 1.08 million shares from 0.53 million shares the previous day.
Support And Resistance Levels for Yelp Inc (YELP)
According to the 24-hour chart, there is a support level at 36.13, which, if violated, would cause prices to drop to 35.62. In the upper region, resistance lies at 36.98. The next price resistance is at 37.31. RSI (Relative Strength Index) is 69.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.01, which suggests the price will increase in the coming days. Percent R is at 4.59%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
