Yahoo! (NASDAQ:YHOO) has climbed 0.3% in the past week and advanced 1.21% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.5% and the outperformance has advanced to 0.28% for the last 4 weeks period.
Yahoo! (NASDAQ:YHOO): The stock opened at $37.43 on Friday but the bulls could not build on the opening and the stock topped out at $37.44 for the day. The stock traded down to $36.81 during the day, due to lack of any buying support eventually closed down at $36.94 with a loss of -1.20% for the day. The stock had closed at $37.39 on the previous day. The total traded volume was 12,593,900 shares.
The company shares have dropped -9.31% from its 1 Year high price. On Jun 25, 2015, the shares registered one year high at $41.39 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $36.96 and the 200 Day Moving Average price is recorded at $33.96.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Utzschneider Lisa, officer (Chief Revenue Officer) of Yahoo Inc, had unloaded 339 shares at an average price of $36.97 in a transaction dated on June 10, 2016. The total value of the transaction was worth $12,533.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of Yahoo! (NASDAQ:YHOO). Citigroup has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $43 per share from a prior target of $38. The rating by the firm was issued on June 16, 2016. Currently the company Insiders own 9.2% of Yahoo! shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.76% . Institutional Investors own 77.51% of Yahoo! shares. During last six month period, the net percent change held by insiders has seen a change of -1.76%.
Yahoo! Inc. is a technology company. The Company is engaged in providing Internet search, communication and digital content. The Company manages its business geographically: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific. The Companys products include Search, Communications, Digital content, Flickr, and Tumblr. Yahoo Search is a search engine serves as a starting point to navigate the Internet and discover information, which is ranked and organized -based on their relevance to the query. Yahoo Mail connects users across mobile phones, tablets and PC. Yahoo.com offers news and information, including Yahoo original content and partner content. Flickr is a Web and mobile photo management and sharing service. Tumblr offers a Web platform and mobile applications (particularly on the iOS and Android platforms) that allow users to create, share and curate content. Yahoo is also a digital publisher and advertising technology provider.