Reasons for Geoffrey Donaker’s Shares Unload of Yelp Inc. (YELP)’s Stock; Wunderlich Capital Managemnt Lifted By $351,168 Its Carnival (CCL) Holding

January 26, 2018 - By rebbecca

Wunderlich Capital Managemnt increased Carnival Corp (CCL) stake by 37.42% reported in 2017Q3 SEC filing. Wunderlich Capital Managemnt acquired 5,487 shares as Carnival Corp (CCL)’s stock rose 11.01%. The Wunderlich Capital Managemnt holds 20,149 shares with $1.30M value, up from 14,662 last quarter. Carnival Corp now has $50.79 billion valuation. The stock decreased 0.58% or $0.41 during the last trading session, reaching $70.76. About 2.86 million shares traded. Carnival Corporation (NYSE:CCL) has risen 24.12% since January 26, 2017 and is uptrending. It has outperformed by 7.42% the S&P500.

Yelp Inc’s director Geoffrey Donaker unloaded 6,000 shares of the stock exchange listed company in an open market transaction dated 25/01/2018. The shares were unloaded at an average market price per share of $43.5, for a total stocks unload of $260,700. In the last 30 days, he also sold 24,000 shares with a market value $1,036,200 USD. The regulatory filing shows that Geoffrey Donaker now has rights to about 0.01% of the California-based company’s total market capitalization

Yelp Inc. operates a platform that connects people with local businesses in the United States, Canada, and internationally. The company has market cap of $3.57 billion. The Company’s platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others. It has a 194.71 P/E ratio. The firm provides free and paid business listing services to businesses, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile application.

Among 47 analysts covering Yelp (NYSE:YELP), 22 have Buy rating, 4 Sell and 21 Hold. Therefore 47% are positive. Yelp has $55.0 highest and $17 lowest target. $41.64’s average target is -3.23% below currents $43.03 stock price. Yelp had 147 analyst reports since July 28, 2015 according to SRatingsIntel. Morgan Stanley downgraded Yelp Inc. (NYSE:YELP) on Wednesday, July 29 to “Equal Weight” rating. The stock has “Buy” rating by Mizuho on Wednesday, November 2. The stock of Yelp Inc. (NYSE:YELP) earned “Neutral” rating by Guggenheim on Monday, December 21. On Wednesday, December 30 the stock rating was maintained by Suntrust Robinson with “Buy”. The stock has “Buy” rating by J.P. Morgan on Friday, August 4. The company was maintained on Monday, October 2 by Citigroup. On Wednesday, August 10 the stock rating was upgraded by Axiom Capital to “Buy”. On Wednesday, May 10 the stock rating was maintained by Stifel Nicolaus with “Hold”. On Thursday, November 2 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock has “Buy” rating by Cantor Fitzgerald on Wednesday, August 10.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.22, from 1.07 in 2017Q2. It fall, as 32 investors sold Yelp Inc. shares while 72 reduced holdings. 46 funds opened positions while 42 raised stakes. 60.04 million shares or 5.61% less from 63.60 million shares in 2017Q2 were reported. 100 were accumulated by Us Commercial Bank De. Gideon Advsr Inc owns 7,831 shares. Aqr Management Limited Co accumulated 189,630 shares. Services Automobile Association stated it has 0% in Yelp Inc. (NYSE:YELP). Fred Alger Mgmt Inc reported 0% stake. Altimeter Capital Management L P invested in 1.03 million shares. Federated Pa reported 0.01% stake. 1.46 million are held by State Street Corporation. Hanson Mcclain, California-based fund reported 208 shares. Peak6 L P has invested 0.01% of its portfolio in Yelp Inc. (NYSE:YELP). Kayne Anderson Rudnick Inv Mgmt Ltd Liability Corp reported 0.02% stake. Zacks Mngmt reported 0.02% stake. Bluecrest Limited invested in 0.15% or 86,074 shares. Group Incorporated One Trading L P stated it has 0.01% of its portfolio in Yelp Inc. (NYSE:YELP). Secor Lp accumulated 10,359 shares.

The stock increased 1.25% or $0.53 during the last trading session, reaching $43.03. About 1.28 million shares traded. Yelp Inc. (NYSE:YELP) has risen 12.71% since January 26, 2017 and is uptrending. It has underperformed by 3.99% the S&P500.

Since August 4, 2017, it had 0 buys, and 37 insider sales for $17.75 million activity. Donaker Geoffrey L sold $262,500 worth of Yelp Inc. (NYSE:YELP) on Tuesday, January 9. On Thursday, January 4 Stoppelman Jeremy sold $561,935 worth of Yelp Inc. (NYSE:YELP) or 13,000 shares. Another trade for 4,941 shares valued at $204,804 was made by Nachman Joseph R on Tuesday, August 22. The insider Wilson Laurence sold $420,000. Another trade for 3,921 shares valued at $162,525 was made by Baker Charles on Tuesday, August 22. 540 shares valued at $22,383 were sold by Ramsay Alan on Tuesday, August 22.

Analysts await Yelp Inc. (NYSE:YELP) to report earnings on February, 8. They expect $0.05 EPS, down 61.54% or $0.08 from last year’s $0.13 per share. YELP’s profit will be $4.14M for 215.15 P/E if the $0.05 EPS becomes a reality. After $0.09 actual EPS reported by Yelp Inc. for the previous quarter, Wall Street now forecasts -44.44% negative EPS growth.

Among 28 analysts covering Carnival Corporation (NYSE:CCL), 18 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive. Carnival Corporation had 69 analyst reports since August 6, 2015 according to SRatingsIntel. As per Thursday, March 31, the company rating was maintained by SunTrust. The stock of Carnival Corporation (NYSE:CCL) has “Outperform” rating given on Tuesday, March 21 by William Blair. Macquarie Research initiated the shares of CCL in report on Tuesday, October 4 with “Neutral” rating. The company was maintained on Wednesday, September 23 by Stifel Nicolaus. Credit Suisse downgraded Carnival Corporation (NYSE:CCL) on Friday, September 15 to “Neutral” rating. The firm earned “Equal-Weight” rating on Thursday, March 31 by Barclays Capital. The company was upgraded on Tuesday, January 9 by Credit Suisse. As per Friday, May 26, the company rating was upgraded by Wolfe Research. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, December 20. Deutsche Bank maintained it with “Buy” rating and $60 target in Monday, January 4 report.