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

Defense World ·  Oct 6, 2022 02:51

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of YNDX. Invesco Ltd. increased its position in Yandex by 0.4% during the first quarter. Invesco Ltd. now owns 29,285,802 shares of the information services provider's stock valued at $436,652,000 after acquiring an additional 116,622 shares during the last quarter. William Blair Investment Management LLC increased its position in Yandex by 2.2% during the fourth quarter. William Blair Investment Management LLC now owns 4,315,408 shares of the information services provider's stock valued at $261,082,000 after acquiring an additional 91,379 shares during the last quarter. Norges Bank purchased a new stake in Yandex during the fourth quarter valued at $180,043,000. JPMorgan Chase & Co. increased its position in Yandex by 15.1% during the second quarter. JPMorgan Chase & Co. now owns 1,518,792 shares of the information services provider's stock valued at $28,766,000 after acquiring an additional 198,743 shares during the last quarter. Finally, WCM Investment Management LLC increased its position in Yandex by 2.2% during the first quarter. WCM Investment Management LLC now owns 1,360,855 shares of the information services provider's stock valued at $8,505,000 after acquiring an additional 29,565 shares during the last quarter. Hedge funds and other institutional investors own 56.32% of the company's stock.

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Yandex Price Performance

Shares of NASDAQ:YNDX opened at $18.94 on Thursday. The stock has a fifty day simple moving average of $18.94 and a two-hundred day simple moving average of $18.94. The stock has a market capitalization of $6.71 billion, a price-to-earnings ratio of -41.17 and a beta of 1.15. Yandex has a 12-month low of $14.11 and a 12-month high of $87.11. The company has a current ratio of 1.26, a quick ratio of 1.14 and a debt-to-equity ratio of 0.15.

Yandex (NASDAQ:YNDX – Get Rating) last announced its quarterly earnings data on Wednesday, July 27th. The information services provider reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $2.30 billion during the quarter. Yandex had a positive return on equity of 3.44% and a negative net margin of 2.62%.

About Yandex

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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.

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