Yahoo! Inc. Can’t Be More Safe. Option Traders Like It

 Yahoo! Inc. Can't Be More Safe. Option Traders Like It

In today’s session Yahoo! Inc. (YHOO) registered an unusually high (1,500) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious YHOO increase. With 1,500 contracts traded and 13774 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: YHOO161118C00043000 closed last at: $1.22 or 17.6% down. About 3.68M shares traded hands. Yahoo! Inc. (NASDAQ:YHOO) has risen 23.41% since March 14, 2016 and is uptrending. It has outperformed by 17.79% the S&P500.

Analysts await Yahoo! Inc. (NASDAQ:YHOO) to report earnings on October, 18. They expect $0.07 earnings per share, down 36.36% or $0.04 from last year’s $0.11 per share. YHOO’s profit will be $66.33M for 149.32 P/E if the $0.07 EPS becomes a reality. After $-0.05 actual earnings per share reported by Yahoo! Inc. for the previous quarter, Wall Street now forecasts -240.00% EPS growth.

Yahoo! Inc. (NASDAQ:YHOO) Ratings Coverage

Out of 33 analysts covering Yahoo! Inc. (NASDAQ:YHOO), 18 rate it a “Buy”, 1 “Sell”, while 14 “Hold”. This means 55% are positive. Yahoo! Inc. has been the topic of 100 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The rating was maintained by Citigroup with “Buy” on Thursday, June 16. The firm has “Outperform” rating given on Wednesday, February 3 by FBR Capital. The stock of Yahoo! Inc. (NASDAQ:YHOO) has “Buy” rating given on Thursday, December 10 by SunTrust. The rating was downgraded by Nomura on Wednesday, December 2 to “Neutral”. M Partners maintained Yahoo! Inc. (NASDAQ:YHOO) on Wednesday, September 16 with “Buy” rating. CLSA maintained the shares of YHOO in a report on Tuesday, July 26 with “Outperform” rating. The stock of Yahoo! Inc. (NASDAQ:YHOO) has “Overweight” rating given on Wednesday, September 9 by JP Morgan. The rating was downgraded by Citigroup on Wednesday, December 9 to “Neutral”. The stock of Yahoo! Inc. (NASDAQ:YHOO) earned “Buy” rating by Cantor Fitzgerald on Tuesday, July 19. The stock of Yahoo! Inc. (NASDAQ:YHOO) earned “Buy” rating by Needham on Friday, October 9.

According to Zacks Investment Research, “Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services. As one of the first online navigational guides to the World Wide Web, Yahoo! is one of the leading guides in terms of traffic, advertising, and household and business user reach. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!’s clients.”

Insitutional Activity: The institutional sentiment decreased to 0.83 in Q2 2016. Its down 0.13, from 0.96 in 2016Q1. The ratio worsened, as 61 funds sold all Yahoo! Inc. shares owned while 208 reduced positions. 50 funds bought stakes while 174 increased positions. They now own 608.46 million shares or 13.00% less from 699.40 million shares in 2016Q1.
Moreover, Oxford Asset Mngmt has 1.11% invested in Yahoo! Inc. (NASDAQ:YHOO) for 708,149 shares. Cubist Systematic Strategies Limited Liability Corporation holds 0.11% of its portfolio in Yahoo! Inc. (NASDAQ:YHOO) for 48,554 shares. Fir Tree has 7.79% invested in the company for 5.06M shares. Concourse Cap Ltd Liability Corp accumulated 0.02% or 890 shares. Advisor Lc has 0.2% invested in the company for 15,305 shares. The Belgium-based Kbc Grp Inc Nv has invested 0.14% in Yahoo! Inc. (NASDAQ:YHOO). Fred Alger accumulated 1.31% or 6.58M shares. Delta Asset Mngmt Ltd Limited Liability Company Tn holds 0.02% of its portfolio in Yahoo! Inc. (NASDAQ:YHOO) for 3,250 shares. Ar Schmeidler holds 15,685 shares or 0.13% of its portfolio. Tradewinds Capital Mngmt Limited Co has 0.03% invested in the company for 1,028 shares. The Texas-based Cypress Asset Inc Tx has invested 0.09% in Yahoo! Inc. (NASDAQ:YHOO). Gideon Capital Advisors Inc holds 0.78% of its portfolio in Yahoo! Inc. (NASDAQ:YHOO) for 35,898 shares. Gabelli Inc accumulated 292,344 shares or 1.43% of the stock. Gateway Inv Advisers Limited Liability Com holds 0.21% of its portfolio in Yahoo! Inc. (NASDAQ:YHOO) for 642,217 shares. Atria Invs owns 10,634 shares or 0.04% of their US portfolio.

Insider Transactions: Since May 3, 2016, the stock had 0 insider purchases, and 16 selling transactions for $7.77 million net activity. On Thursday, August 11 Utzschneider Lisa sold $13,950 worth of the stock or 339 shares. The insider GOLDMAN KENNETH A sold $7.22 million.

Yahoo! Inc. , along with its subsidiaries, is engaged in digital information discovery. The company has a market cap of $39.61 billion. The Company’s divisions include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. It currently has negative earnings. The Firm focuses on informing, connecting and entertaining its users with its search (Yahoo search), communications, including Yahoo Mail and Yahoo Messenger, and digital content products, including Tumblr, and its four verticals, such as Yahoo News, Yahoo Sports, Yahoo Finance and Yahoo Lifestyle.

YHOO Company Profile

Yahoo! Inc. (Yahoo), along with its subsidiaries, incorporated in 1995, is engaged in digital information discovery. The Firm focuses on informing, connecting and entertaining its users with its search (Yahoo Search), communications, including Yahoo Mail and Yahoo Messenger and digital content products, including Tumblr, and its over four verticals, such as Yahoo News, Yahoo Sports, Yahoo Finance and Yahoo Lifestyle. The Company’s divisions include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific.

More notable recent Yahoo! Inc. (NASDAQ:YHOO) news were published by: Profitconfidential.com which released: “Yahoo Stock: Things Get Worse for Yahoo! Inc Deal” on October 14, 2016, also Reuters.com with their article: “Exclusive: Yahoo secretly scanned customer emails for US intelligence – …” published on October 04, 2016, Usnews.com published: “Yahoo Inc. to Reveal Large-Scale Data Breach, Report Says (YHOO)” on September 22, 2016. More interesting news about Yahoo! Inc. (NASDAQ:YHOO) were released by: Profitconfidential.com and their article: “Yahoo Stock: This Could Keep Yahoo! Inc. Investors Up at Night” published on October 11, 2016 as well as Profitconfidential.com‘s news article titled: “Yahoo! Stock: Will Verizon Cancel Yahoo! Inc. Deal?” with publication date: September 29, 2016.

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