JD.com Sees Unusually High Options Volume (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD) was the target of some unusual options trading activity on Tuesday. Traders bought 201,172 call options on the stock. This represents an increase of approximately 156% compared to the typical volume of 78,727 call options.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Atlas Capital Advisors LLC purchased a new position in JD.com in the second quarter valued at about $28,000. Allspring Global Investments Holdings LLC boosted its holdings in JD.com by 812.1% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,888 shares of the information services provider’s stock worth $52,000 after acquiring an additional 1,681 shares during the period. Hexagon Capital Partners LLC acquired a new stake in JD.com in the first quarter valued at approximately $58,000. Parallel Advisors LLC raised its stake in shares of JD.com by 20.1% during the fourth quarter. Parallel Advisors LLC now owns 4,102 shares of the information services provider’s stock valued at $119,000 after purchasing an additional 686 shares during the period. Finally, Advisors Preferred LLC acquired a new position in shares of JD.com during the first quarter worth $126,000. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Stock Up 4.4 %

JD opened at $44.80 on Thursday. The stock has a market capitalization of $70.65 billion, a P/E ratio of 20.46, a P/E/G ratio of 0.45 and a beta of 0.39. JD.com has a 12 month low of $20.82 and a 12 month high of $46.64. The business has a 50 day simple moving average of $28.37 and a 200-day simple moving average of $28.53. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.15 and a quick ratio of 0.90.

JD.com (NASDAQ:JD) last released its quarterly earnings results on Thursday, August 15th. The information services provider reported $9.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $8.57. The business had revenue of $291.40 billion during the quarter, compared to the consensus estimate of $291.01 billion. JD.com had a return on equity of 13.51% and a net margin of 2.80%. The business’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.68 EPS. On average, equities analysts anticipate that JD.com will post 3.74 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on JD shares. Susquehanna reissued a “neutral” rating and issued a $28.00 price objective on shares of JD.com in a research report on Monday, August 19th. Barclays cut their price target on shares of JD.com from $41.00 to $40.00 and set an “overweight” rating on the stock in a report on Tuesday, July 16th. Benchmark cut their price target on JD.com from $55.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, August 16th. StockNews.com raised shares of JD.com from a “buy” rating to a “strong-buy” rating in a research note on Monday. Finally, JPMorgan Chase & Co. upgraded shares of JD.com from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $33.00 to $36.00 in a research report on Friday, August 16th. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $36.93.

About JD.com

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.