Yandex Sees Unusually Large Options Volume (NASDAQ:YNDX)

Yandex (NASDAQ:YNDX) was the target of some unusual options trading on Wednesday. Traders purchased 1,814 put options on the stock. This represents an increase of approximately 1,437% compared to the average volume of 118 put options.

Yandex Price Performance

Yandex stock opened at $18.94 on Thursday. Yandex has a 12-month low of $14.11 and a 12-month high of $87.11. The business’s 50-day simple moving average is $18.94 and its 200 day simple moving average is $18.94. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 0.26. The stock has a market cap of $6.85 billion, a price-to-earnings ratio of 31.05 and a beta of 1.86.

Yandex (NASDAQ:YNDX) last released its quarterly earnings results on Thursday, February 15th. The information services provider reported $0.34 EPS for the quarter. The company had revenue of $2.78 billion for the quarter. Yandex had a return on equity of 8.59% and a net margin of 2.50%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Sei Investments Co. boosted its stake in shares of Yandex by 61.3% during the 1st quarter. Sei Investments Co. now owns 338,619 shares of the information services provider’s stock worth $30,000 after acquiring an additional 128,652 shares during the period. 1832 Asset Management L.P. boosted its stake in shares of Yandex by 86.8% during the 1st quarter. 1832 Asset Management L.P. now owns 9,231 shares of the information services provider’s stock worth $36,000 after acquiring an additional 4,290 shares during the period. Morgan Dempsey Capital Management LLC bought a new position in shares of Yandex during the 1st quarter worth approximately $38,000. PNC Financial Services Group Inc. boosted its stake in shares of Yandex by 49.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,024 shares of the information services provider’s stock worth $75,000 after acquiring an additional 1,659 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Yandex by 14.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 198,873 shares of the information services provider’s stock worth $76,000 after acquiring an additional 25,767 shares during the period. 21.90% of the stock is currently owned by institutional investors.

Yandex Company Profile

Yandex N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company operates through Search and Portal, Ride-Hailing, Yandex Drive, FoodTech, Yandex Delivery, Yandex Market, Media Services, Classifieds, and Other Business Units and Initiatives segments.