46,654 Shares in Yahoo! Inc. (YHOO) Acquired by Airain ltd

Airain ltd acquired a new stake in Yahoo! Inc. (NASDAQ:YHOO) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 46,654 shares of the digital content provider’s stock, valued at approximately $2,165,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of YHOO. Mizuho Trust & Banking Co. Ltd. boosted its position in Yahoo! by 3.2% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 1,470,762 shares of the digital content provider’s stock valued at $63,390,000 after buying an additional 46,284 shares during the period. First Trust Advisors LP boosted its position in Yahoo! by 3.0% in the third quarter. First Trust Advisors LP now owns 3,897,506 shares of the digital content provider’s stock valued at $167,983,000 after buying an additional 115,257 shares during the period. Coronation Fund Managers Ltd. boosted its position in Yahoo! by 12.1% in the third quarter. Coronation Fund Managers Ltd. now owns 1,116,786 shares of the digital content provider’s stock valued at $48,134,000 after buying an additional 120,592 shares during the period. Arizona State Retirement System boosted its position in Yahoo! by 0.6% in the third quarter. Arizona State Retirement System now owns 215,656 shares of the digital content provider’s stock valued at $9,295,000 after buying an additional 1,300 shares during the period. Finally, Advisor Partners LLC boosted its position in Yahoo! by 0.8% in the third quarter. Advisor Partners LLC now owns 15,433 shares of the digital content provider’s stock valued at $665,000 after buying an additional 128 shares during the period. Institutional investors own 78.06% of the company’s stock.

Institutional Ownership by Quarter for Yahoo! (NASDAQ:YHOO)

Shares of Yahoo! Inc. (NASDAQ:YHOO) traded up 1.11% during trading on Friday, hitting $50.18. The stock had a trading volume of 11,181,962 shares. The company’s market cap is $48.08 billion. Yahoo! Inc. has a 12 month low of $35.05 and a 12 month high of $51.23. The stock has a 50-day moving average price of $48.04 and a 200 day moving average price of $44.12. Yahoo! also was the recipient of unusually large options trading on Tuesday. Stock traders bought 43,815 call options on the stock. This is an increase of 560% compared to the typical volume of 6,641 call options.

Yahoo! (NASDAQ:YHOO) last released its quarterly earnings results on Tuesday, April 18th. The digital content provider reported $0.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.04. The firm had revenue of $833.80 million during the quarter, compared to analyst estimates of $814.32 million. Yahoo! had a positive return on equity of 0.65% and a negative net margin of 4.15%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.08 EPS. Equities analysts expect that Yahoo! Inc. will post $0.71 EPS for the current fiscal year.

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YHOO has been the topic of several research analyst reports. B. Riley restated a “neutral” rating and issued a $44.00 price objective on shares of Yahoo! in a research report on Tuesday, January 24th. Mizuho reaffirmed an “in-line” rating and issued a $42.00 target price on shares of Yahoo! in a research note on Tuesday, January 24th. JMP Securities reaffirmed a “market perform” rating on shares of Yahoo! in a research note on Tuesday, January 24th. Pivotal Research reaffirmed a “hold” rating and issued a $41.00 target price on shares of Yahoo! in a research note on Tuesday, January 24th. Finally, Royal Bank of Canada cut their target price on Yahoo! from $45.00 to $43.00 and set a “sector perform” rating for the company in a research note on Tuesday, January 24th. Seventeen research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $46.70.

In other news, CRO Lisa Utzschneider sold 683 shares of the business’s stock in a transaction on Friday, March 31st. The stock was sold at an average price of $46.52, for a total value of $31,773.16. Following the completion of the transaction, the executive now directly owns 573,851 shares of the company’s stock, valued at approximately $26,695,548.52. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 9.20% of the company’s stock.

Yahoo! Company Profile

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.

5 Day Chart for NASDAQ:YHOO

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