Stock Traders Buy Large Volume of Yandex Put Options (NASDAQ:YNDX)

Yandex (NASDAQ:YNDX – Get Rating) was the target of some unusual options trading on Wednesday. Traders bought 1,814 put options on the stock. This is an increase of 1,437% compared to the average daily volume of 118 put options.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Ronald Blue Trust Inc. boosted its holdings in Yandex by 93.2% in the fourth quarter. Ronald Blue Trust Inc. now owns 1,424 shares of the information services provider’s stock valued at $27,000 after purchasing an additional 687 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Yandex by 224.7% in the third quarter. Victory Capital Management Inc. now owns 149,103 shares of the information services provider’s stock valued at $29,000 after purchasing an additional 103,182 shares during the last quarter. Sei Investments Co. boosted its holdings in Yandex by 61.3% in the first quarter. Sei Investments Co. now owns 338,619 shares of the information services provider’s stock valued at $30,000 after purchasing an additional 128,652 shares during the last quarter. 1832 Asset Management L.P. boosted its holdings in Yandex by 86.8% in the first quarter. 1832 Asset Management L.P. now owns 9,231 shares of the information services provider’s stock valued at $36,000 after purchasing an additional 4,290 shares during the last quarter. Finally, Morgan Dempsey Capital Management LLC acquired a new stake in Yandex during the first quarter valued at approximately $38,000. Institutional investors and hedge funds own 54.69% of the company’s stock.

Yandex Price Performance

Shares of NASDAQ:YNDX opened at $18.94 on Thursday. The company has a market cap of $6.85 billion, a P/E ratio of 7.12 and a beta of 1.04. The company has a quick ratio of 1.10, a current ratio of 1.23 and a debt-to-equity ratio of 0.16. Yandex has a 52 week low of $14.11 and a 52 week high of $87.11. The business has a fifty day simple moving average of $18.94 and a 200-day simple moving average of $18.94.

Yandex (NASDAQ:YNDX – Get Rating) last issued its earnings results on Wednesday, February 15th. The information services provider reported $0.03 earnings per share for the quarter. Yandex had a return on equity of 6.45% and a net margin of 10.91%. The firm had revenue of $2.34 billion for the quarter.

About Yandex

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Yandex NV engages in the provision of search engines and online services. It operates through the following segments: Search and Portal, Ride-hailing, Yandex Drive, FoodTech, Yandex Delivery, Yandex Market, Classifieds, Media Services, and Other Business Units and Initiatives. The Search and Portal segment includes Search, Geo, Yandex 360, Weather, News, Travel, Alice voice assistant and a number of other services offered in Russia, Belarus and Kazakhstan.