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Yelp (NASDAQ:YELP) SVP Laurence Wilson unloaded 11,250 shares of the stock on the open market in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $85.04, for a total value of $956,700.00. Following the sale, the senior vice president now directly owns 20,000 shares of the company’s stock, valued at approximately $1,700,800. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Yelp (NASDAQ:YELP) traded down 1.66% during mid-day trading on Thursday, hitting $81.91. The stock had a trading volume of 2,280,584 shares. Yelp has a 52 week low of $49.11 and a 52 week high of $101.75. The stock has a 50-day moving average of $73.77 and a 200-day moving average of $73.16. The company’s market cap is $5.904 billion.

Yelp (NASDAQ:YELP) last released its earnings data on Wednesday, July 30th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.07. The company had revenue of $88.80 million for the quarter, compared to the consensus estimate of $86.32 million. During the same quarter in the previous year, the company posted ($0.01) earnings per share. The company’s revenue for the quarter was up 61.5% on a year-over-year basis. Analysts expect that Yelp will post $0.09 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of Yelp in a research note on Wednesday, August 13th. They set a “buy” rating and a $85.00 price target on the stock. Separately, analysts at MKM Partners raised their EPS on shares of Yelp in a research note on Tuesday, August 5th. They now have a “buy” rating on the stock. Finally, analysts at SunTrust reiterated a “buy” rating on shares of Yelp in a research note on Thursday, July 31st. They now have a $90.00 price target on the stock, up previously from $85.00. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-four have issued a buy rating to the stock. Yelp currently has a consensus rating of “Buy” and a consensus target price of $90.10.

Yelp Inc connects people with great local businesses. Its users have contributed a total of approximately 36.

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