On December 4, 2024, Joseph Nachman, Chief Operating Officer of Yelp Inc's subsidiary, sold 6,999 shares of Yelp Inc (YELP, Financial). Following this transaction, the insider now owns 229,273 shares of the company. The details of this transaction can be found in the SEC Filing. Yelp Inc is a company that connects people with great local businesses. It operates a platform that allows users to access reviews, photos, and other information about businesses in their area. The company generates revenue primarily through advertising. Over the past year, Joseph Nachman has sold a total of 70,940 shares and has not purchased any shares. The insider transaction history for Yelp Inc indicates that there have been 0 insider buys and 25 insider sells over the past year.
On the day of the recent sale, shares of Yelp Inc were trading at $38.57, giving the stock a market cap of $2.516 billion. The company's price-earnings ratio is 22.90, which is higher than the industry median of 19.665 but lower than the company’s historical median price-earnings ratio. With a price of $38.57 and a GuruFocus Value of $42.69, Yelp Inc has a price-to-GF-Value ratio of 0.9, indicating that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.