The open-market sales are too small to be informative. The Aug 20 cluster of tax-withholding surrenders across all five named executive officers confirms a routine vesting event — no bearish signal. Monitor next quarterly filing for any change in insider selling patterns, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Two C-suite insiders at YELP (CFO and CTO) sold a combined $294K in open-market sales over a 4-day window, representing ~0.02% of the $1.3B market cap. This is a trivial dollar amount relative to company size and does not signal material bearish conviction — the sales are likely routine portfolio diversification. The cluster is accompanied by $1.1M in tax-withholding share surrenders from five executives (CEO, CFO, COO, CTO, CPO) on the same date, confirming a common vesting event. No bearish read-through warranted.
Key Financial Metrics
Key Facts
- CFO David Schwarzbach sold 8,809 shares at $23.19 for $204K on Aug 21
- CTO Alexander Levy sold 3,829 shares at $23.40 for $90K on Aug 24
- Five executives surrendered shares for tax withholding on Aug 20 totaling $1.14M (CEO $483K, CFO $236K, COO $244K, CPO $117K, CTO $58K)
- Total open-market sales of $294K represent ~0.02% of YELP's $1.3B market cap
- Tax-withholding surrenders are non-cash events tied to vesting, not discretionary sales
Financial Impact
Open-market sales of $294K are immaterial relative to $1.3B market cap
Risk Factors
- Insider selling could accelerate if the stock rallies into earnings
- The 13% analyst bullish consensus and 9 Hold ratings suggest limited near-term catalysts
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-YELP-1787645032343 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 23d ago | Court Ruling | $20.95 $20.27 | ▼ −3.25% | ▼ −2.75% | $18.26 (−12.84%) |
Aug 24, 2026 5w ago | Insider Cluster | $23.83 $22.35 | ▼ −6.21% | ▼ −6.68% | $18.26 (−23.37%) |
Jul 6, 2026 12w ago | Insider Cluster | $26.34 $25.81 | ▼ −2.01% | ▼ −2.50% | $18.26 (−30.68%) |
Jun 30, 2026 13w ago | Court Ruling | $24.52 $26.34 | ▲ +7.42% | ▲ +6.82% | $18.26 (−25.53%) |
Jun 9, 2026 16w ago | Insider Cluster | $24.28 $23.30 | ▼ −4.04% | ▼ −7.47% | $18.26 (−24.79%) |
Jun 9, 2026 16w ago | Insider Cluster | $24.28 $23.30 | ▼ −4.04% | ▼ −7.47% | $18.26 (−24.79%) |
Jun 9, 2026 16w ago | Insider Cluster | $24.28 $23.30 | ▼ −4.04% | ▼ −7.47% | $18.26 (−24.79%) |
Jun 9, 2026 16w ago | Insider Cluster | $24.28 $23.30 | ▼ −4.04% | ▼ −7.47% | $18.26 (−24.79%) |
Jun 9, 2026 16w ago | Insider Cluster | $24.28 $23.30 | ▼ −4.04% | ▼ −7.47% | $18.26 (−24.79%) |
Jun 9, 2026 16w ago | Insider Cluster | $24.28 $23.30 | ▼ −4.04% | ▼ −7.47% | $18.26 (−24.79%) |
US Market Status
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