According to SEC Filing, Thomas W. Smith Trimmed Yelp Stake as Local Services Advertising Reshapes the Business

A recent SEC filing shows that investment manager Thomas W. Smith reduced his position in Yelp during the fourth quarter. Yelp’s platform helps people find local services and connects them with businesses looking for new customers, with a growing focus on higher-value categories such as home improvement and professional services.

Mar 10, 2026 - 23:00
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According to SEC Filing, Thomas W. Smith Trimmed Yelp Stake as Local Services Advertising Reshapes the Business
A recent SEC filing shows that investment manager Thomas W. Smith reduced his position in Yelp during the fourth quarter. Yelp’s platform helps people find local services and connects them with businesses looking for new customers, with a growing focus on higher-value categories such as home improvement and professional services.

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