Shares of Yahoo Inc. (NASDAQ:YHOO) shot up 3.8% during trading on Thursday . The company traded as high as $41.69 and last traded at $41.45, with a volume of 14,159,856 shares. The stock had previously closed at $39.93.

A number of research firms have commented on YHOO. Vetr lowered Yahoo from a “buy” rating to a “hold” rating and set a $40.95 target price for the company. in a report on Wednesday. Cantor Fitzgerald reissued a “buy” rating and issued a $49.00 target price on shares of Yahoo in a report on Tuesday. Jefferies Group reissued a “buy” rating and issued a $43.00 target price on shares of Yahoo in a report on Monday, August 1st. SunTrust Banks Inc. reissued a “neutral” rating and issued a $42.00 target price on shares of Yahoo in a report on Monday, August 1st. Finally, RBC Capital Markets reissued a “sector perform” rating and issued a $29.00 target price on shares of Yahoo in a report on Monday, August 1st. Two investment analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and twenty have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $40.46.

The firm has a 50 day moving average of $38.06 and a 200 day moving average of $35.42. The company’s market cap is $39.14 billion.

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

In other Yahoo news, CRO Lisa Utzschneider sold 732 shares of the business’s stock in a transaction on Thursday, July 21st. The shares were sold at an average price of $39.01, for a total value of $28,555.32. Following the completion of the transaction, the executive now owns 618,268 shares in the company, valued at $24,118,634.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Other institutional investors have recently modified their holdings of the company. Calvert Investment Management Inc. increased its position in shares of Yahoo by 36.2% in the fourth quarter. Calvert Investment Management Inc. now owns 43,420 shares of the digital content provider’s stock worth $1,444,000 after buying an additional 11,550 shares during the last quarter. Andra AP fonden increased its position in shares of Yahoo by 30.5% in the fourth quarter. Andra AP fonden now owns 53,500 shares of the digital content provider’s stock worth $1,779,000 after buying an additional 12,500 shares during the last quarter. Airain ltd increased its position in shares of Yahoo by 102.1% in the fourth quarter. Airain ltd now owns 181,002 shares of the digital content provider’s stock worth $6,020,000 after buying an additional 91,461 shares during the last quarter. American International Group Inc. increased its position in shares of Yahoo by 1.1% in the fourth quarter. American International Group Inc. now owns 426,726 shares of the digital content provider’s stock worth $14,193,000 after buying an additional 4,535 shares during the last quarter. Finally, Marshall Wace LLP increased its position in shares of Yahoo by 888.0% in the fourth quarter. Marshall Wace LLP now owns 522,268 shares of the digital content provider’s stock worth $17,371,000 after buying an additional 469,407 shares during 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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