The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Yelp Inc shares valued at $17,066 were sold by Eaton Sam on Jun 03 ’25. At $37.02 per share, Eaton Sam sold 461 shares. The insider’s holdings dropped to 145,064 shares worth approximately $5.43 million following the completion of this transaction.
Also, SAMUEL JOSEPH EATON purchased 461 shares, netting a total of over 17,066 in proceeds.
Before that, Schwarzbach David A had sold 10,000 shares from its account. In a trade valued at $381,993, the Chief Financial Officer traded Yelp Inc shares for $38.20 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $8.23 million.
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 drop of approximately -3.38%. Over the course of the year, Yelp Inc shares have dropped approximately -3.23%. Shares of the company reached a 52-week high of $41.72 on 01/30/25 and a 52-week low of $32.28 on 04/21/25.
Support And Resistance Levels for Yelp Inc (YELP)
According to the 24-hour chart, there is a support level at 37.09, which, if violated, would cause prices to drop to 36.73. In the upper region, resistance lies at 37.86. The next price resistance is at 38.28. RSI (Relative Strength Index) is 49.53 on the 14-day chart, showing neutral technical sentiment.
