Investors Purchase High Volume of Yandex Put Options (NASDAQ:YNDX)

Yandex (NASDAQ:YNDX) was the recipient of unusually large options trading activity on Wednesday. Traders bought 1,814 put options on the company. This is an increase of approximately 1,437% compared to the typical volume of 118 put options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Schroder Investment Management Group lifted its holdings in shares of Yandex by 3.6% in the third quarter. Schroder Investment Management Group now owns 6,827,261 shares of the information services provider’s stock worth $129,308,000 after acquiring an additional 235,216 shares during the last quarter. Fisher Asset Management LLC bought a new position in Yandex in the 4th quarter valued at approximately $78,299,000. Norges Bank bought a new position in Yandex in the 4th quarter valued at approximately $55,576,000. Goldman Sachs Group Inc. raised its holdings in Yandex by 1.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,609,877 shares of the information services provider’s stock valued at $49,431,000 after buying an additional 39,345 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Yandex by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 1,141,003 shares of the information services provider’s stock valued at $17,013,000 after buying an additional 8,935 shares during the last quarter. Institutional investors own 21.90% of the company’s stock.

Yandex Price Performance

YNDX stock opened at $18.94 on Thursday. The stock has a market capitalization of $6.85 billion, a P/E ratio of 31.05 and a beta of 1.86. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 0.26. Yandex has a 12 month low of $14.11 and a 12 month high of $87.11. The firm has a 50-day moving average price of $18.94 and a 200-day moving average price of $18.94.

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

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.