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

Yandex (NASDAQ:YNDX) was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 1,814 put options on the stock. This represents an increase of 1,437% compared to the average volume of 118 put options.

Yandex Stock Performance

Shares of YNDX stock opened at $18.94 on Friday. Yandex has a one year low of $14.11 and a one year high of $87.11. The firm’s 50 day moving average price is $18.94 and its 200-day moving average price is $18.94. The firm has a market cap of $6.85 billion, a P/E ratio of 31.05 and a beta of 1.86. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.83 and a current ratio of 0.89.

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

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of YNDX. Sei Investments Co. grew its position in shares of Yandex by 61.3% in the 1st quarter. Sei Investments Co. now owns 338,619 shares of the information services provider’s stock valued at $30,000 after buying an additional 128,652 shares during the last quarter. 1832 Asset Management L.P. grew its position in 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 purchasing an additional 4,290 shares during the last quarter. Morgan Dempsey Capital Management LLC purchased a new position in Yandex during the 1st quarter worth $38,000. PNC Financial Services Group Inc. grew its position in 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 purchasing an additional 1,659 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in 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 purchasing an additional 25,767 shares during the last quarter. 21.90% of the stock is owned by hedge funds and other 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.