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

JD.com, Inc. (NASDAQ:JD) was the recipient of unusually large options trading activity on Monday. Stock investors purchased 87,416 call options on the stock. This represents an increase of approximately 31% compared to the typical daily volume of 66,489 call options.

JD.com Trading Up 2.4 %

NASDAQ:JD opened at $26.92 on Wednesday. JD.com has a one year low of $20.82 and a one year high of $35.69. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.90 and a current ratio of 1.15. The firm has a market cap of $42.46 billion, a P/E ratio of 12.29 and a beta of 0.39. The firm has a 50-day simple moving average of $26.55 and a 200-day simple moving average of $27.79.

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC boosted its holdings in JD.com by 20.1% during the fourth quarter. Parallel Advisors LLC now owns 4,102 shares of the information services provider’s stock worth $119,000 after buying an additional 686 shares in the last quarter. Panagora Asset Management Inc. boosted its holdings in JD.com by 2.8% during the second quarter. Panagora Asset Management Inc. now owns 26,143 shares of the information services provider’s stock worth $676,000 after buying an additional 719 shares in the last quarter. Texas Yale Capital Corp. lifted its holdings in JD.com by 5.8% during the first quarter. Texas Yale Capital Corp. now owns 13,968 shares of the information services provider’s stock valued at $383,000 after purchasing an additional 760 shares in the last quarter. Henry James International Management Inc. lifted its holdings in JD.com by 3.6% during the first quarter. Henry James International Management Inc. now owns 22,866 shares of the information services provider’s stock valued at $626,000 after purchasing an additional 786 shares in the last quarter. Finally, V Square Quantitative Management LLC lifted its holdings in JD.com by 4.8% during the second quarter. V Square Quantitative Management LLC now owns 17,303 shares of the information services provider’s stock valued at $447,000 after purchasing an additional 797 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on JD shares. StockNews.com raised shares of JD.com from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 11th. Susquehanna reaffirmed a “neutral” rating and set a $28.00 target price on shares of JD.com in a report on Monday, August 19th. Barclays decreased their price objective on shares of JD.com from $41.00 to $40.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 16th. Sanford C. Bernstein decreased their price objective on shares of JD.com from $35.00 to $32.00 and set a “market perform” rating on the stock in a research report on Friday, August 16th. Finally, Benchmark decreased their price objective on shares of JD.com from $55.00 to $47.00 and set a “buy” rating on the stock in a research report on Friday, August 16th. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, JD.com has a consensus rating of “Moderate Buy” and an average 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.