On November 29, 2024, Craig Saldanha, Chief Product Officer at Yelp Inc, sold 1,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 184,558 shares of Yelp Inc.
Yelp Inc (YELP, Financial) is a company that connects people with great local businesses. It operates a platform that allows consumers to share their experiences and discover new businesses, while also providing businesses with the opportunity to engage with their customers.
The insider transaction history for Yelp Inc shows that there have been 0 insider buys in total over the past year. Meanwhile, there have been 23 insider sells over the same timeframe. Over the past year, Craig Saldanha has sold 1,000 shares in total and purchased 0 shares in total.
On the day of the recent sale, shares of Yelp Inc were trading for $38.05 apiece, giving the stock a market cap of $2.537 billion. The price-earnings ratio is 23.08, which is higher than the industry median of 20 and lower than the company’s historical median price-earnings ratio.
With a price of $38.05 and a GF Value of $42.69, Yelp Inc has a price-to-GF-Value ratio of 0.89. This indicates that the stock is modestly undervalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus that is calculated based on the following three factors:
- Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at.
- A GuruFocus adjustment factor based on the company’s past returns and growth.
- 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.
