Yahoo Inc. (NASDAQ:YHOO) saw unusually-high trading volume on Friday . Approximately 13,539,006 shares were traded during mid-day trading, an increase of 4% from the previous session’s volume of 12,968,396 shares.The stock last traded at $42.29 and had previously closed at $41.27.

Several research analysts have recently issued reports on YHOO shares. Zacks Investment Research lowered Yahoo from a “hold” rating to a “strong sell” rating in a research report on Friday, July 22nd. Jefferies Group reissued a “buy” rating and issued a $43.00 target price on shares of Yahoo in a research report on Monday, July 25th. Bank of America Corp. reissued a “buy” rating and issued a $48.00 target price on shares of Yahoo in a research report on Monday, July 25th. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $49.00 target price on shares of Yahoo in a research report on Wednesday, July 20th. Finally, Morgan Stanley lowered Yahoo from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $46.00 to $42.00 in a research report on Tuesday, July 26th. Two investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating and twenty have assigned a buy rating to the company’s stock. Yahoo presently has an average rating of “Hold” and a consensus price target of $40.46.

The company’s 50 day moving average price is $38.32 and its 200-day moving average price is $35.56. The firm’s market capitalization is $40.87 billion.

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

In other news, CRO Lisa Utzschneider sold 820 shares of the business’s stock in a transaction dated Friday, May 20th. The shares were sold at an average price of $36.04, for a total transaction of $29,552.80. Following the transaction, the executive now directly owns 630,643 shares in the company, valued at $22,728,373.72. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Several hedge funds and institutional investors have recently modified their holdings of YHOO. Principal Financial Group Inc. raised its position in shares of Yahoo by 2.4% in the fourth quarter. Principal Financial Group Inc. now owns 1,135,134 shares of the digital content provider’s stock worth $37,755,000 after buying an additional 26,496 shares during the period. State of Tennessee Treasury Department increased 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 worth $33,071,000 after buying an additional 111,711 shares in the last quarter. American International Group Inc. increased 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 worth $14,193,000 after buying an additional 4,535 shares in the last quarter. Airain ltd increased 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 worth $6,020,000 after buying an additional 91,461 shares in the last quarter. Finally, Andra AP fonden increased its stake in 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 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.