Yandex (NASDAQ:YNDX – Get Rating) was the recipient of unusually heavy options trading activity on Wednesday. Investors bought 1,814 put options on the company. This represents a 1,437% increase from the typical volume of 118 put options.
Yandex price performance
YNDX stock opened at $18.94 on Thursday. The company’s fifty-day moving average price is $18.94 and its 200-day moving average price is $23.25. Yandex has a 1-year low of $14.11 and a 1-year high of $87.11. The company has a market capitalization of $6.71 billion, a PE ratio of -41.17 and a beta of 1.26. The company has a debt ratio of 0.15, a quick ratio of 1.14 and a current ratio of 1.26.
Yandex Inc (NASDAQ:YNDX – Get Rating) last released its quarterly earnings data on Wednesday, July 27. The information services provider reported earnings per share (EPS) of $0.53 for the quarter. Yandex had a negative net margin of 2.62% and a positive return on equity of 3.44%. The company had revenue of $2.30 billion for the quarter.
Hedge funds weigh on Yandex
Several institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Yandex by 7.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,242 shares of the information services provider valued at $1,698,000 after buying an additional 7,721 shares in the last quarter. Millennium Management LLC increased its stake in Yandex by 1,793.9% during the 4th quarter. Millennium Management LLC now owns 500,173 shares of the information services provider valued at $30,260,000 after purchasing an additional 473,764 shares in the last quarter. State Street Corp increased its stake in Yandex by 0.8% in the fourth quarter. State Street Corp now owns 3,270,645 shares of the information services provider valued at $197,874,000 after buying an additional 26,842 shares last quarter. TD Asset Management Inc. increased its holdings in Yandex by 1.2% during the 4th quarter. TD Asset Management Inc. now owns 48,696 shares of the information services provider worth $2,946,000 after purchasing an additional 567 shares in the last quarter. Finally, Summit Global Investments increased its holdings of Yandex shares by 32.7% in Q4. Summit Global Investments now owns 23,837 shares of the information services provider worth $1,442,000 after buying an additional 5,880 shares in the last quarter. 66.79% of the shares are held by institutional investors and hedge funds.
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Yandex NV, a technology company, creates smart 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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