Kona Grill, Inc. (KONA) Reaches $2.20 After 6.00% Up Move; Yelp (YELP)’s Sentiment Is 0.91

June 14, 2018 - By Mary Manson

Yelp Inc. (NYSE:YELP) Logo

Yelp Inc (YELP) investors sentiment decreased to 0.91 in 2018 Q1. It’s down -0.42, from 1.33 in 2017Q4. The ratio fall, as 89 investment professionals increased and started new holdings, while 98 cut down and sold their equity positions in Yelp Inc. The investment professionals in our database now have: 62.32 million shares, up from 60.57 million shares in 2017Q4. Also, the number of investment professionals holding Yelp Inc in top ten holdings decreased from 7 to 6 for a decrease of 1. Sold All: 38 Reduced: 60 Increased: 54 New Position: 35.

The stock of Kona Grill, Inc. (NASDAQ:KONA) is a huge mover today! The stock increased 2.33% or $0.05 during the last trading session, reaching $2.2. About 73,012 shares traded. Kona Grill, Inc. (NASDAQ:KONA) has declined 32.53% since June 14, 2017 and is downtrending. It has underperformed by 45.10% the S&P500. Some Historical KONA News: ; 11/05/2018 – NANYAN ZHENG SAYS INTEND TO ENGAGE IN COMMUNICATIONS WITH KONA GRILL AND ONE OR MORE OFFICERS, DIRECTORS OR REPRESENTATIVES OF CO; 11/05/2018 – NANYAN ZHENG REPORTS 19.9 PCT STAKE IN KONA GRILL INC AS OF MAY 2 – SEC FILING; 17/05/2018 – HAWAIIAN AIR FLIGHTS TO HILO, KONA OPERATING NORMALLY:SPOKESMAN; 11/05/2018 – NANYAN ZHENG SAYS HAS SUGGESTED ZHENG AS A DIRECTOR OF KONA GRILL’S BOARD; 15/03/2018 – KONA GRILL INC – MATURITY DATE WAS AMENDED FROM OCTOBER 12, 2019 TO JANUARY 13, 2020 WITH NO OPTION TO EXTEND MATURITY DATE; 15/03/2018 – KONA GRILL INC – ON MARCH 9, ENTERED INTO AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT; 22/03/2018 – Kona Grill 4Q Loss $12.4M; 10/05/2018 – Kona Grill 1Q Loss/Shr 24c; 11/05/2018 – Zheng, Nanyan, Affiliates Report Stake In Kona Grill; 10/05/2018 – Kona Grill 1Q Rev $42MThe move comes after 8 months positive chart setup for the $29.17 million company. It was reported on Jun, 14 by Barchart.com. We have $2.33 PT which if reached, will make NASDAQ:KONA worth $1.75 million more.

Investors sentiment increased to 1.33 in 2018 Q1. Its up 0.48, from 0.85 in 2017Q4. It is positive, as 5 investors sold Kona Grill, Inc. shares while 4 reduced holdings. 5 funds opened positions while 7 raised stakes. 1.79 million shares or 10.36% less from 2.00 million shares in 2017Q4 were reported. Art Advisors, New York-based fund reported 13,834 shares. Northern Trust Corporation reported 0% in Kona Grill, Inc. (NASDAQ:KONA). Meeder Asset Mngmt has 0% invested in Kona Grill, Inc. (NASDAQ:KONA) for 1,888 shares. Wells Fargo Mn invested in 0% or 68 shares. Millennium Mngmt Limited reported 25,389 shares stake. The Massachusetts-based State Street has invested 0% in Kona Grill, Inc. (NASDAQ:KONA). Royal Bankshares Of Canada reported 10 shares. Renaissance Techs Ltd Liability reported 0% stake. Vanguard Gp stated it has 0% in Kona Grill, Inc. (NASDAQ:KONA). Barclays Public Ltd Co holds 0% or 5 shares in its portfolio. Dimensional Fund Advsr L P holds 0% in Kona Grill, Inc. (NASDAQ:KONA) or 273,388 shares. Bridgeway Cap invested 0% of its portfolio in Kona Grill, Inc. (NASDAQ:KONA). Us Bank De invested in 29 shares. State Bank Of America De reported 559 shares or 0% of all its holdings. Geode Mgmt Limited invested in 52,010 shares or 0% of the stock.

Among 6 analysts covering Kona Grill (NASDAQ:KONA), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Kona Grill had 11 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Telsey Advisory given on Friday, February 5. Oppenheimer maintained it with “Outperform” rating and $25 target in Friday, August 14 report. As per Friday, October 28, the company rating was maintained by Wedbush. The stock of Kona Grill, Inc. (NASDAQ:KONA) has “Outperform” rating given on Friday, July 31 by Oppenheimer. The firm has “Outperform” rating given on Tuesday, November 3 by Oppenheimer. The firm has “Market Perform” rating given on Wednesday, July 12 by Raymond James. The stock has “Market Perform” rating by Telsey Advisory Group on Tuesday, September 29. The stock has “Sector Weight” rating by KeyBanc Capital Markets on Thursday, September 29.

More news for Kona Grill, Inc. (NASDAQ:KONA) were recently published by: Benzinga.com, which released: “38 Biggest Movers From Yesterday” on June 14, 2018. Seekingalpha.com‘s article titled: “Kona Grill: Unprofitable And Dilutive” and published on May 24, 2018 is yet another important article.

Since May 4, 2018, it had 1 buying transaction, and 0 insider sales for $880,000 activity. Bakay Berke bought $880,000 worth of Kona Grill, Inc. (NASDAQ:KONA) on Friday, May 4.

Kona Grill, Inc. owns and operates upscale casual restaurants under the Kona Grill brand name. The company has market cap of $29.17 million. As of December 11, 2017, it owned and operated 46 restaurants in 23 states of the United States and Puerto Rico; and 3 franchised restaurants in Mexico, the United Arab Emirates, and Canada. It currently has negative earnings.

Analysts await Yelp Inc. (NYSE:YELP) to report earnings on August, 2. They expect $0.01 earnings per share, down 88.89% or $0.08 from last year’s $0.09 per share. YELP’s profit will be $836,571 for 1029.50 P/E if the $0.01 EPS becomes a reality. After $-0.03 actual earnings per share reported by Yelp Inc. for the previous quarter, Wall Street now forecasts -133.33% EPS growth.

Yelp Inc. operates a platform that connects people with local businesses in the United States, Canada, and internationally. The company has market cap of $3.45 billion. The Company’s platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others. It has a 23.57 P/E ratio. The firm provides free and paid business listing services to businesses, as well as enables businesses to deliver targeted search advertising to large local audiences through its Website and mobile application.

Ratings analysis reveals 78% of Yelp’s analysts are positive. Out of 9 Wall Street analysts rating Yelp, 7 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $37.0 while the high is $49.0. The stock’s average target of $43.43 is 5.46% above today’s ($41.18) share price. YELP was included in 9 notes of analysts from September 14, 2016. Maxim Group maintained it with “Buy” rating and $45.0 target in Monday, September 26 report. The rating was maintained by Axiom Capital with “Buy” on Friday, February 10. The firm earned “Outperform” rating on Friday, February 10 by RBC Capital Markets. On Wednesday, September 14 the stock rating was maintained by Mizuho with “Buy”. As per Tuesday, April 11, the company rating was upgraded by Pacific Crest. The stock of Yelp Inc. (NYSE:YELP) earned “Hold” rating by Stifel Nicolaus on Friday, February 10. The rating was initiated by Aegis Capital with “Buy” on Tuesday, December 13. The rating was maintained by Needham on Friday, February 10 with “Buy”. The company was maintained on Friday, February 10 by Wedbush.

Since January 1, 0001, it had 0 buys, and 34 selling transactions for $12.64 million activity.

The stock increased 0.32% or $0.13 during the last trading session, reaching $41.18. About 706,048 shares traded. Yelp Inc. (YELP) has risen 51.73% since June 14, 2017 and is uptrending. It has outperformed by 39.16% the S&P500. Some Historical YELP News: ; 24/05/2018 – Yelp Presenting at Bank of America Conference Jun 6; 24/04/2018 – Yelp Short-Interest Ratio Rises 38% to 9 Days; 03/05/2018 – Yelp: Is Churn Scaring Off Potential Buyers? — Barrons.com; 18/04/2018 – Garmin® hosts second Connect IQ™ Developer Summit, announces Connect IQ 3.0 with new apps from Trailforks, Yelp, iHeartRadio; 06/03/2018 Yelp Conference Call Scheduled By Aliya Capital for Mar. 7; 16/05/2018 – After New Yorker’s racist rant goes viral, his law firm gets pummeled with 1-star Yelp reviews; 10/05/2018 – Yelp 1Q Rev $223M; 08/05/2018 – Google Takes On Yelp by Adding Personalized Features to Maps; 15/03/2018 – March 19th Deadline Alert: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit; 10/05/2018 – Yelp Sees FY18 Rev $943M-$967M

More recent Yelp Inc. (NYSE:YELP) news were published by: Investorplace.com which released: “Yelp Inc Heading for a Favorable $48 Review” on June 14, 2018. Also Benzinga.com published the news titled: “Yelp’s ‘Weakening’ Engagement Prompts KeyBanc Downgrade” on June 06, 2018. Seekingalpha.com‘s news article titled: “Yelp +3.4% as B. Riley boosts to Buy” with publication date: May 18, 2018 was also an interesting one.

Kona Grill, Inc. (NASDAQ:KONA) Institutional Positions Chart

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