Carmen Orr, Chief People Officer at Yelp (NYSE:YELP), disclosed an insider sell on May 20, according to a recent SEC filing.
What Happened: Orr's decision to sell 14,984 shares of Yelp was revealed in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday. The total value of the sale is $569,402.
Yelp shares are trading down 0.83% at $37.05 at the time of this writing on Tuesday morning.
Get to Know Yelp Better
Yelp Inc operates in the online content market based in the United States. It provides a web-based platform and mobile application to bridge the gap between businesses and consumers. The platform assists consumers through product reviews, tips, photos and videos thereby enabling them in making better buying decisions and posting their feedbacks. Its products and services includes Advertising Products and Business Page Products. In addition, it also lets the buyers directly transact with businesses directly through its platform. Yelp generates revenue mainly from the sale of advertising on its website and mobile app to businesses. The company generates majority of the revenue from United States.
Yelp's Financial Performance
Positive Revenue Trend: Examining Yelp's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth ...