Shares of Yahoo Inc. (NASDAQ:YHOO) hit a new 52-week high during trading on Wednesday . The stock traded as high as $39.98 and last traded at $39.81, with a volume of 7,891,612 shares trading hands. The stock had previously closed at $39.24.

Several analysts have recently commented on the company. S&P Equity Research downgraded Yahoo to a “hold” rating in a research note on Sunday, April 17th. Cantor Fitzgerald restated a “buy” rating on shares of Yahoo in a research note on Saturday, July 9th. Royal Bank Of Canada restated a “hold” rating on shares of Yahoo in a research note on Sunday, July 17th. Bank of America Corp. restated a “buy” rating and issued a $48.00 target price on shares of Yahoo in a research note on Sunday, July 17th. Finally, SunTrust Banks Inc. restated a “buy” rating and issued a $44.00 target price on shares of Yahoo in a research note on Wednesday, June 1st. Two investment analysts have rated the stock with a sell rating, twenty have given a hold rating and twenty-one have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $40.48.

The company’s market cap is $37.72 billion. The stock has a 50 day moving average of $37.99 and a 200 day moving average of $35.39.

Yahoo (NASDAQ:YHOO) last announced its quarterly earnings data on Monday, July 18th. The digital content provider reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by $0.01. The company had revenue of $842 million for the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the firm earned $0.16 EPS. Yahoo’s quarterly revenue was down 19.3% compared to the same quarter last year. On average, equities analysts expect that Yahoo Inc. will post $0.49 EPS for the current fiscal year.

In related news, CRO Lisa Utzschneider sold 683 shares of Yahoo stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $37.24, for a total transaction of $25,434.92. Following the completion of the sale, the executive now owns 628,234 shares in the company, valued at approximately $23,395,434.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Several large investors have bought and sold shares of YHOO. American International Group Inc. raised its stake in Yahoo by 1.1% in the fourth quarter. American International Group Inc. now owns 426,726 shares of the digital content provider’s stock valued at $14,193,000 after buying an additional 4,535 shares in the last quarter. Airain ltd raised its stake in Yahoo by 102.1% in the fourth quarter. Airain ltd now owns 181,002 shares of the digital content provider’s stock valued at $6,020,000 after buying an additional 91,461 shares in the last quarter. State of Tennessee Treasury Department raised its stake in Yahoo by 12.7% in the fourth quarter. State of Tennessee Treasury Department now owns 994,311 shares of the digital content provider’s stock valued at $33,071,000 after buying an additional 111,711 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Yahoo by 1.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,911,572 shares of the digital content provider’s stock valued at $130,100,000 after buying an additional 46,811 shares in the last quarter. Finally, Marshall Wace LLP raised its stake in Yahoo by 888.0% in the fourth quarter. Marshall Wace LLP now owns 522,268 shares of the digital content provider’s stock valued at $17,371,000 after buying an additional 469,407 shares in the last quarter.

Yahoo! Inc (Yahoo), along with its subsidiaries, is engaged in digital information discovery. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. The Company focuses on informing, connecting and entertaining its users with its search (Yahoo search), communications, including Yahoo Mail and Yahoo Messenger, and digital content products, including Tumblr, and its four verticals, such as Yahoo News, Yahoo Sports, Yahoo Finance and Yahoo Lifestyle.

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