Yelp Inc’s recently made public that its Chief Financial Officer Schwarzbach David A unloaded Company’s shares for reported $0.35 million on Feb 26 ’25. In the deal valued at $34.80 per share,10,000 shares were sold. As a result of this transaction, Schwarzbach David A now holds 242,916 shares worth roughly $8.16 million.
Then, DAVID SCHWARZBACH bought 10,000 shares, generating $348,042 in total proceeds.
Before that, Saldanha Craig sold 1,000 shares. Yelp Inc shares valued at $35,750 were divested by the Chief Product Officer at a price of $35.75 per share. As a result of the transaction, Saldanha Craig now holds 211,558 shares, worth roughly $7.11 million.
Goldman downgraded its Yelp Inc [YELP] rating to a Neutral from a a Buy in a research note published on October 14, 2024; the price target was decreased to $38 from $46. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in mid September with a ‘”an Underperform”‘ rating. Wolfe Research began covering YELP with “Peer perform” recommendation on July 16, 2024. Raymond James started covering the stock on March 27, 2024. It rated YELP as “a Mkt perform”.
Price Performance Review of YELP
On Monday, Yelp Inc [NYSE:YELP] saw its stock fall -2.07% to $33.60. Over the last five days, the stock has lost -4.90%. Yelp Inc shares have fallen nearly -13.18% since the year began. Nevertheless, the stocks have fallen -10.64% over the past one year. While a 52-week high of $41.72 was reached on 01/30/25, a 52-week low of $32.56 was recorded on 03/03/25. SMA at 50 days reached $38.63, while 200 days put it at $36.44.
Levels Of Support And Resistance For YELP Stock
The 24-hour chart illustrates a support level at 33.12, which if violated will result in even more drops to 32.65. On the upside, there is a resistance level at 34.35. A further resistance level may holdings at 35.11. The Relative Strength Index (RSI) on the 14-day chart is 27.29, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.28%. Stochastics %K at 6.47% indicates the stock is a buying.
