yelp cfo david schwarzbach sells $150,000 in yelp shares
Yelp CFO David Schwarzbach sold 7,500 shares of the company's common stock on October 21, 2026, for a total of $150,000. This sale was made in accordance with a pre-established 10b5-1 trading plan Schwarzbach created on May 22, 2026. After this transaction, he still owns 165,466 shares of Yelp common stock. The sale occurred as Yelp's stock traded near the $20 price point, which was the price at which he sold the shares.
InvestingPro analysts have determined that Yelp's shares are currently undervalued, placing it on their list of the most undervalued stocks. Yelp's financials are impressive, with a gross profit margin of nearly 90% and a P/E ratio of 9.53. The company recently reported a 1% increase in revenue for its second quarter, reaching $376 million, which surpassed both Wall Street's expectations and the company's own guidance.
Yelp has also integrated OpenAI's GPT-Live-1 into its AI-powered business tools, enhancing the functionality of Yelp Host and Hatch.
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