Yalla Group (NYSE:YALA) Stock Rating Lowered by Wall Street Zen

Key Points

• Yalla Group has been downgraded from a "buy" rating to a "hold" rating by Wall Street Zen, indicating a shift in analyst sentiment.
• The stock price for Yalla Group fell by 1.9% to $7.64, with a market capitalization of $1.21 billion and a PE ratio of 9.55.
• Institutional investors have increased their positions significantly, with some firms like Bank of America Corp DE raising their stakes by over 3,267% in the second quarter.

Wall Street Zen cut shares of Yalla Group (NYSE:YALA - Free Report) from a buy rating to a hold rating in a research note issued to investors on Saturday.

Yalla Group Stock Down 0.3%

Yalla Group stock traded down $0.0250 during trading hours on Friday, hitting $7.7250. 545,064 shares of the company traded hands, compared to its average volume of 876,083. The firm has a market cap of $1.22 billion, a P/E ratio of 9.66 and a beta of 0.80. The firm's 50-day simple moving average is $7.42 and its two-hundred day simple moving average is $6.34. Yalla Group has a 1-year low of $3.73 and a 1-year high of $9.29.

Yalla Group (NYSE:YALA - Get Free Report) last released its earnings results on Monday, August 11th. The company reported $0.20 EPS for the quarter. The firm had revenue of $84.56 million for the quarter. Yalla Group had a net margin of 42.02% and a return on equity of 20.64%. Yalla Group has set its Q3 2025 guidance at EPS.

Hedge Funds Weigh In On Yalla Group

Hedge funds have recently made changes to their positions in the business. EverSource Wealth Advisors LLC grew its stake in shares of Yalla Group by 73.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,481 shares of the company's stock worth $44,000 after purchasing an additional 2,749 shares during the last quarter. Retireful LLC acquired a new position in shares of Yalla Group in the 2nd quarter worth approximately $75,000. Virtu Financial LLC acquired a new position in shares of Yalla Group in the 1st quarter worth approximately $61,000. GAMMA Investing LLC grew its stake in shares of Yalla Group by 10.0% in the 2nd quarter. GAMMA Investing LLC now owns 17,927 shares of the company's stock worth $121,000 after purchasing an additional 1,635 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its stake in shares of Yalla Group by 1,200.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 20,304 shares of the company's stock worth $137,000 after purchasing an additional 18,743 shares during the last quarter. Institutional investors and hedge funds own 4.73% of the company's stock.

Yalla Group Company Profile

Yalla Group Limited operates a social networking and gaming platform primarily in the Middle East and North Africa region. It provides mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. The company's platform offers group chatting and games services; and sells virtual items, as well as provides upgrade services.