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

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Yandex (NASDAQ:YNDXGet Rating) was the recipient of some unusual options trading on Wednesday. Investors purchased 1,814 put options on the stock. This represents an increase of 1,437% compared to the typical volume of 118 put options.

Shares of NASDAQ YNDX opened at $18.94 on Thursday. Yandex has a 12-month low of $14.11 and a 12-month high of $87.11. The company has a market cap of $6.71 billion, a P/E ratio of -20.81 and a beta of 1.33. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average price of $18.94 and a 200 day moving average price of $28.33.

Yandex (NASDAQ:YNDXGet Rating) last announced its earnings results on Wednesday, April 27th. The information services provider reported ($0.26) earnings per share for the quarter. The business had revenue of $1.26 billion for the quarter. Yandex had a negative net margin of 6.46% and a negative return on equity of 1.26%.

Several institutional investors have recently made changes to their positions in YNDX. Schroder Investment Management Group grew its stake in shares of Yandex by 96.5% during the fourth quarter. Schroder Investment Management Group now owns 8,086,299 shares of the information services provider’s stock valued at $489,221,000 after acquiring an additional 3,970,234 shares in the last quarter. Norges Bank acquired a new stake in shares of Yandex during the fourth quarter valued at about $180,043,000. Allspring Global Investments Holdings LLC bought a new position in shares of Yandex during the fourth quarter worth about $156,665,000. Millennium Management LLC grew its stake in Yandex by 1,793.9% in the fourth quarter. Millennium Management LLC now owns 500,173 shares of the information services provider’s stock worth $30,260,000 after purchasing an additional 473,764 shares in the last quarter. Finally, RBF Capital LLC bought a new stake in Yandex in the first quarter valued at about $5,797,000. Institutional investors own 66.79% of the company’s stock.

About Yandex (Get Rating)

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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