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

Several research analysts have recently commented on the company. Vetr lowered Yahoo from a “hold” rating to a “sell” rating and set a $41.44 target price for the company. in a research report on Thursday, August 18th. Jefferies Group reiterated a “buy” rating and issued a $43.00 target price on shares of Yahoo in a research report on Tuesday, August 23rd. Bank of America Corp. reissued a “buy” rating and issued a $53.00 price target (up previously from $50.00) on shares of Yahoo in a report on Tuesday, August 23rd. Macquarie downgraded Yahoo from an “outperform” rating to a “neutral” rating and set a $39.00 price target on the stock. in a report on Monday, July 25th. Finally, Evercore ISI started coverage on Yahoo in a report on Monday, July 25th. They issued a “hold” rating and a $39.00 price target on the stock. Three equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating and nineteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $40.61.

The firm’s market cap is $41.14 billion. The company has a 50 day moving average price of $40.37 and a 200-day moving average price of $36.98.

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

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

An institutional investor recently raised its position in Yahoo stock. American International Group Inc. increased its stake in Yahoo Inc. (NASDAQ:YHOO) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 426,726 shares of the digital content provider’s stock after buying an additional 4,535 shares during the period. American International Group Inc.’s holdings in Yahoo were worth $14,193,000 at the end of the most recent reporting period.

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's FREE daily email newsletter.