Kesler Norman & Wride LLC Makes New Investment in Yelp Inc. $YELP

Posted by on Jun 3rd, 2026

Kesler Norman & Wride LLC bought a new position in Yelp Inc. (NYSE:YELP – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 38,525 shares of the local business review company’s stock, valued at approximately $1,171,000. Kesler Norman & Wride LLC owned 0.06% of Yelp at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. CIBC Private Wealth Group LLC lifted its holdings in shares of Yelp by 100.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 892 shares of the local business review company’s stock worth $28,000 after buying an additional 446 shares during the period. Fifth Third Bancorp lifted its holdings in shares of Yelp by 70.4% in the 4th quarter. Fifth Third Bancorp now owns 1,159 shares of the local business review company’s stock worth $35,000 after buying an additional 479 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Yelp by 181.3% in the 4th quarter. Hantz Financial Services Inc. now owns 1,297 shares of the local business review company’s stock worth $39,000 after buying an additional 836 shares during the period. Hudson Bay Capital Management LP bought a new position in shares of Yelp in the 3rd quarter worth $55,000. Finally, Strs Ohio purchased a new stake in shares of Yelp during the 1st quarter worth $56,000. 90.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Yelp

In other Yelp news, CFO David A. Schwarzbach sold 7,500 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $26.60, for a total value of $199,500.00. Following the completion of the sale, the chief financial officer directly owned 209,300 shares in the company, valued at approximately $5,567,380. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Craig Saldanha sold 1,200 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $24.72, for a total value of $29,664.00. Following the completion of the sale, the insider owned 267,835 shares of the company’s stock, valued at approximately $6,620,881.20. This trade represents a 0.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 26,700 shares of company stock valued at $677,839. 8.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on YELP. The Goldman Sachs Group decreased their price objective on Yelp from $33.00 to $25.00 and set a “neutral” rating for the company in a research note on Tuesday, February 17th. Evercore set a $30.00 price objective on Yelp in a research note on Monday, May 11th. Robert W. Baird set a $28.00 price objective on Yelp in a research note on Friday, May 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Yelp in a research note on Monday, May 11th. Finally, Morgan Stanley decreased their price objective on Yelp from $28.00 to $24.00 and set an “underweight” rating for the company in a research note on Friday, May 15th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Yelp has an average rating of “Reduce” and a consensus price target of $27.88.

View Our Latest Research Report on Yelp

Yelp Trading Down 1.6%

Yelp stock opened at $23.09 on Wednesday. The stock has a 50-day moving average of $25.32 and a two-hundred day moving average of $26.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.74 and a current ratio of 1.74. Yelp Inc. has a one year low of $19.60 and a one year high of $37.92. The stock has a market cap of $1.27 billion, a PE ratio of 10.54, a price-to-earnings-growth ratio of 2.51 and a beta of 0.47.

Yelp (NYSE:YELP – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The local business review company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. Yelp had a return on equity of 20.19% and a net margin of 9.47%.The company had revenue of $361.46 million during the quarter, compared to analysts’ expectations of $353.47 million. During the same period last year, the business posted $0.36 earnings per share. The firm’s revenue was up .8% compared to the same quarter last year. On average, research analysts anticipate that Yelp Inc. will post 1.85 EPS for the current fiscal year.

Yelp Company Profile

(Free Report)

Yelp is a digital platform that connects consumers with local businesses through user-generated reviews, ratings and multimedia content. The company’s flagship offerings include the Yelp website and mobile applications for iOS and Android, where users can search for and discover restaurants, shops, service providers and other points of interest. In addition to crowd-sourced reviews and photographs, Yelp provides business profile pages featuring hours, contact information, menus and direct messaging capabilities.

Yelp generates revenue primarily through advertising services sold to small and medium-sized enterprises.

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Institutional Ownership by Quarter for Yelp (NYSE:YELP)

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