Yandex Target of Unusually High Options Trading (NASDAQ:YNDX)

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Yandex (NASDAQ:YNDXGet Rating) was the target of unusually large options trading on Wednesday. Investors acquired 1,814 put options on the stock. This is an increase of 1,437% compared to the typical volume of 118 put options.

Yandex Stock Performance

Shares of YNDX stock opened at $18.94 on Thursday. The stock has a 50 day simple moving average of $18.94 and a 200-day simple moving average of $18.94. Yandex has a 1-year low of $14.11 and a 1-year high of $87.11. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.26 and a quick ratio of 1.14. The company has a market cap of $6.71 billion, a price-to-earnings ratio of -41.17 and a beta of 1.24.

Yandex (NASDAQ:YNDXGet Rating) last posted its quarterly earnings data on Wednesday, July 27th. The information services provider reported $0.53 EPS for the quarter. Yandex had a positive return on equity of 3.44% and a negative net margin of 2.62%. The firm had revenue of $2.30 billion during the quarter.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Yandex by 7.4% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,242 shares of the information services provider’s stock valued at $1,698,000 after purchasing an additional 7,721 shares during the last quarter. Millennium Management LLC grew its holdings in Yandex by 1,793.9% in the 4th quarter. Millennium Management LLC now owns 500,173 shares of the information services provider’s stock valued at $30,260,000 after buying an additional 473,764 shares in the last quarter. State Street Corp grew its holdings in Yandex by 0.8% in the 4th quarter. State Street Corp now owns 3,270,645 shares of the information services provider’s stock valued at $197,874,000 after buying an additional 26,842 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Yandex by 38.3% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 73,876 shares of the information services provider’s stock valued at $773,000 after buying an additional 20,442 shares in the last quarter. Finally, Summit Global Investments grew its holdings in Yandex by 32.7% in the 4th quarter. Summit Global Investments now owns 23,837 shares of the information services provider’s stock valued at $1,442,000 after buying an additional 5,880 shares in the last quarter. 56.32% of the stock is owned by institutional investors and hedge funds.

Yandex Company Profile

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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, Taxi, Yandex.Market, Media Services, Classifieds, and Other Business Units and Initiatives segments.

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