Nisa Investment Advisors LLC Has $157,000 Stock Holdings in Yelp Inc. (NYSE:YELP)

Nisa Investment Advisors LLC grew its position in shares of Yelp Inc. (NYSE:YELP) by 19.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,063 shares of the local business review company’s stock after buying an additional 672 shares during the period. Nisa Investment Advisors LLC’s holdings in Yelp were worth $157,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of YELP. GAMMA Investing LLC grew its stake in shares of Yelp by 115.9% in the third quarter. GAMMA Investing LLC now owns 976 shares of the local business review company’s stock valued at $34,000 after acquiring an additional 524 shares in the last quarter. Exchange Traded Concepts LLC grew its position in shares of Yelp by 54.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,148 shares of the local business review company’s stock worth $40,000 after purchasing an additional 405 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Yelp by 98.5% during the third quarter. Signaturefd LLC now owns 1,175 shares of the local business review company’s stock worth $41,000 after purchasing an additional 583 shares during the period. Quarry LP raised its position in shares of Yelp by 153.4% in the second quarter. Quarry LP now owns 1,323 shares of the local business review company’s stock valued at $49,000 after buying an additional 801 shares in the last quarter. Finally, Asset Management One Co. Ltd. bought a new stake in shares of Yelp in the third quarter valued at approximately $54,000. Institutional investors and hedge funds own 90.11% of the company’s stock.

Insiders Place Their Bets

In other news, insider Craig Saldanha sold 1,000 shares of the stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $38.40, for a total value of $38,400.00. Following the completion of the sale, the insider now owns 182,558 shares of the company’s stock, valued at approximately $7,010,227.20. This represents a 0.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Carmen Amara sold 12,854 shares of Yelp stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $38.17, for a total value of $490,637.18. Following the completion of the transaction, the insider now directly owns 88,813 shares in the company, valued at approximately $3,389,992.21. This represents a 12.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 56,865 shares of company stock valued at $2,167,768 in the last ninety days. 7.40% of the stock is currently owned by insiders.

Yelp Stock Performance

Shares of YELP opened at $40.48 on Friday. Yelp Inc. has a 52 week low of $32.56 and a 52 week high of $45.91. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 24.24, a PEG ratio of 0.54 and a beta of 1.34. The stock has a fifty day moving average of $39.13 and a 200-day moving average of $36.32.

Yelp (NYSE:YELP) last announced its quarterly earnings results on Thursday, November 7th. The local business review company reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.16. Yelp had a return on equity of 16.02% and a net margin of 8.48%. The firm had revenue of $360.34 million for the quarter, compared to analyst estimates of $360.74 million. During the same period last year, the firm posted $0.79 earnings per share. As a group, equities analysts forecast that Yelp Inc. will post 1.8 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on YELP. Evercore ISI raised Yelp to a “hold” rating in a report on Monday, November 11th. StockNews.com raised shares of Yelp from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 11th. Morgan Stanley boosted their target price on shares of Yelp from $34.00 to $35.00 and gave the company an “underweight” rating in a research report on Monday, January 13th. The Goldman Sachs Group lowered shares of Yelp from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $46.00 to $38.00 in a research report on Monday, October 14th. Finally, Robert W. Baird lowered their price objective on shares of Yelp from $39.00 to $37.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating, six have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $37.17.

Yelp Company Profile

Yelp Inc operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services.