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

Posted by on Jun 15th, 2023

Yandex (NASDAQ:YNDX – Get Rating) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 1,814 put options on the stock. This is an increase of approximately 1,437% compared to the typical daily volume of 118 put options.

Yandex Stock Performance

Shares of Yandex stock opened at $18.94 on Thursday. The company has a 50 day simple moving average of $18.94 and a two-hundred day simple moving average of $18.94. The firm has a market cap of $6.85 billion, a PE ratio of 7.12 and a beta of 1.04. 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 0.16, a current ratio of 1.23 and a quick ratio of 1.10.

Yandex (NASDAQ:YNDX – Get Rating) last announced its earnings results on Thursday, April 27th. The information services provider reported $0.09 earnings per share (EPS) for the quarter. Yandex had a net margin of 10.91% and a return on equity of 6.45%. The company had revenue of $2.12 billion during the quarter.

Hedge Funds Weigh In On Yandex

Several institutional investors have recently modified their holdings of the company. Capital Asset Advisory Services LLC boosted its stake in Yandex by 8.1% in the first quarter. Capital Asset Advisory Services LLC now owns 15,228 shares of the information services provider’s stock worth $288,000 after buying an additional 1,143 shares in the last quarter. Sei Investments Co. boosted its stake 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 purchasing an additional 128,652 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in shares of Yandex by 40.5% during the 1st quarter. Vontobel Holding Ltd. now owns 63,789 shares of the information services provider’s stock valued at $1,208,000 after purchasing an additional 18,398 shares during the last quarter. Norges Bank purchased a new position in Yandex in the 4th quarter worth $11,862,000. Finally, Deutsche Bank AG lifted its stake in Yandex by 5.1% in the fourth quarter. Deutsche Bank AG now owns 946,331 shares of the information services provider’s stock worth $14,110,000 after purchasing an additional 45,900 shares during the last quarter. 54.69% of the stock is currently owned by institutional investors.

Yandex Company Profile

(Get Rating)

Yandex NV engages in the provision of search engines and online services. It operates through the following segments: Search and Portal, Ride-hailing, Yandex Drive, FoodTech, Yandex Delivery, Yandex Market, Classifieds, Media Services, and Other Business Units and Initiatives. The Search and Portal segment includes Search, Geo, Yandex 360, Weather, News, Travel, Alice voice assistant and a number of other services offered in Russia, Belarus and Kazakhstan.

Featured Articles

Receive News & Ratings for Yandex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yandex and related companies with MarketBeat.com's FREE daily email newsletter.