yelp cfo david schwarzbach sells $150,000 in yelp shares

David A. Schwarzbach, Chief Financial Officer of Yelp Inc. (NASDAQ:YELP), sold 7,500 shares of the company’s common stock on October 21, 2026. The transaction amounted to a total value of $150,000, with shares sold at a price of $20 each.

The sale was executed pursuant to a pre-arranged 10b5-1 trading plan, which Mr. Schwarzbach adopted on May 22, 2026. Following this transaction, Mr. Schwarzbach directly holds 165,466 shares of Yelp common stock.The timing of this sale comes as Yelp shares trade at $19.99, near the $20 transaction price. According to InvestingPro analysis, the stock appears undervalued at current levels based on Fair Value estimates, placing it among opportunities on the most undervalued stocks list. The company maintains impressive fundamentals, including a gross profit margin of nearly 90% and a P/E ratio of 9.53. InvestingPro offers 9 additional exclusive tips for YELP, along with comprehensive financial health scores and detailed Pro Research Reports covering over 1,400 US equities.

In other recent news, Yelp Inc. announced its second-quarter revenue results, reporting a 1% increase from the previous year, reaching $376 million. This figure surpassed Wall Street’s expectations, which were set at $366.7 million, and also exceeded the high end of the company’s own guidance by $8 million. Additionally, Yelp’s adjusted profitability came in ahead of its guidance, even as the company acknowledged ongoing challenges faced by local businesses. In another development, Yelp integrated OpenAI’s GPT-Live-1 into its AI-powered business tools, Yelp Host and Hatch. These tools are among the first to utilize GPT-Live-1, which features advanced voice capabilities allowing for natural conversational interactions. The integration is expected to enhance the functionality of Yelp’s voice AI solution for restaurants and its communication platform for service businesses. These recent developments underscore Yelp’s efforts to leverage AI technology and improve its service offerings.