Yahoo Inc. (NASDAQ:YHOO) shares reached a new 52-week high on Friday . The stock traded as high as $43.60 and last traded at $43.29, with a volume of 3,921,401 shares traded. The stock had previously closed at $42.93.

Several analysts have commented on YHOO shares. Cantor Fitzgerald reiterated a “buy” rating on shares of Yahoo in a research report on Saturday, July 9th. Bank of America Corp. reiterated a “buy” rating and set a $48.00 target price on shares of Yahoo in a research report on Sunday, July 17th. Royal Bank Of Canada reiterated a “hold” rating on shares of Yahoo in a research report on Sunday, July 17th. B. Riley reiterated a “neutral” rating and set a $38.00 target price on shares of Yahoo in a research report on Tuesday, July 19th. Finally, Citigroup Inc. upgraded shares of Yahoo from a “neutral” rating to a “buy” rating and upped their target price for the company from $38.00 to $43.00 in a research report on Wednesday, June 15th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and nineteen have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $40.61.

The stock’s market cap is $41.19 billion. The firm has a 50-day moving average of $40.52 and a 200-day moving average of $37.03.

Yahoo (NASDAQ:YHOO) last announced its quarterly earnings results on Monday, July 18th. The digital content provider reported $0.09 earnings per share 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. During the same period in the prior year, the firm earned $0.16 earnings per share. The firm’s revenue for the quarter was down 19.3% compared to the same quarter last year. On average, equities analysts predict that Yahoo Inc. will post $0.49 EPS for the current year.

In other Yahoo news, CRO Lisa Utzschneider sold 683 shares of the company’s stock in a transaction on Thursday, June 30th. The shares were sold at an average price of $36.89, for a total value of $25,195.87. Following the completion of the transaction, the executive now directly owns 622,046 shares in the company, valued at approximately $22,947,276.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

A hedge fund recently raised its stake in Yahoo stock. Schwab Charles Investment Management Inc. increased its stake in Yahoo Inc. (NASDAQ:YHOO) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,196,776 shares of the digital content provider’s stock after buying an additional 90,628 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.23% of Yahoo worth $73,065,000 at the end of the most recent 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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