Yelp Inc (YELP) CFO David Schwarzbach Sells 10,000 Shares

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21 hours ago
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On November 29, 2024, David Schwarzbach, Chief Financial Officer of Yelp Inc (YELP, Financial), sold 10,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 211,988 shares of the company. Yelp Inc is a company that connects people with local businesses. It provides a platform for users to share their experiences and reviews about various services and products. The company operates in the online advertising industry, offering businesses the opportunity to reach potential customers through its website and mobile app. 1863735650675748864.png Over the past year, David Schwarzbach has sold a total of 23,750 shares and has not purchased any shares. The insider transaction history for Yelp Inc indicates that there have been no insider buys and 23 insider sells over the same period. On the day of the recent sale, shares of Yelp Inc were trading at $38.29, giving the stock a market cap of $2.537 billion. The company's price-earnings ratio stands at 23.08, which is higher than the industry median of 20 but lower than the company’s historical median price-earnings ratio. 1863735695856791552.png With a trading price of $38.29 and a GF 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.

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