Sen. Cory A. Booker Unloads Shares of JD.com, Inc. (NASDAQ:JD)

Key Points

• Sen. Cory Booker sold $1,001–$15,000 of JD.com shares on August 11, with the transaction disclosed September 9. He also sold holdings in Netflix, McDonald’s, NVIDIA, Alnylam Pharmaceuticals, and Amazon.
• JD.com reported quarterly adjusted earnings of $0.93 per share and revenue of $50.99 billion, beating analyst estimates, although revenue declined 2.9% year over year.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $35.25, while institutional investors own 15.98% of the company.

Senator Cory A. Booker (Democratic-New Jersey) recently sold shares of JD.com, Inc. NASDAQ: JD. In a filing disclosed on September 09th, the Senator disclosed that they had sold between $1,001 and $15,000 in JD.com stock on August 11th.

Senator Cory A. Booker also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Netflix NASDAQ: NFLX on 8/11/2026.
• Sold $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 8/11/2026.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 8/11/2026.
• Sold $1,001 - $15,000 in shares of Alnylam Pharmaceuticals NASDAQ: ALNY on 8/11/2026.
• Sold $100,001 - $250,000 in shares of Amazon.com NASDAQ: AMZN on 8/11/2026.

JD.com Price Performance

Shares of NASDAQ JD opened at $27.06 on Friday. The stock has a fifty day moving average price of $29.63 and a 200 day moving average price of $29.10. JD.com, Inc. has a 1-year low of $24.51 and a 1-year high of $36.86. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.14 and a quick ratio of 0.82. The company has a market cap of $33.78 billion, a PE ratio of 18.79 and a beta of 0.35.

JD.com (NASDAQ:JD - Get Free Report) last released its earnings results on Thursday, August 13th. The information services provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The company had revenue of $50.99 billion during the quarter, compared to analysts' expectations of $50.38 billion. JD.com had a net margin of 1.13% and a return on equity of 6.78%. The business's revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the business earned $4.97 EPS. Sell-side analysts forecast that JD.com, Inc. will post 2.83 EPS for the current year.

Institutional Trading of JD.com

A number of institutional investors have recently bought and sold shares of JD. SG Americas Securities LLC boosted its holdings in JD.com by 139.0% in the first quarter. SG Americas Securities LLC now owns 4,334,816 shares of the information services provider's stock valued at $128,181,000 after acquiring an additional 2,521,045 shares during the last quarter. SIH Partners LLLP raised its holdings in shares of JD.com by 74.1% in the 4th quarter. SIH Partners LLLP now owns 4,991,448 shares of the information services provider's stock worth $143,255,000 after purchasing an additional 2,125,212 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JD.com by 1,172.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,234,636 shares of the information services provider's stock worth $35,434,000 after purchasing an additional 1,137,592 shares during the period. HighTower Advisors LLC lifted its stake in shares of JD.com by 197.2% in the 4th quarter. HighTower Advisors LLC now owns 1,384,810 shares of the information services provider's stock valued at $39,744,000 after purchasing an additional 918,880 shares in the last quarter. Finally, L1 Capital Pty Ltd purchased a new stake in shares of JD.com during the 4th quarter worth about $20,959,000. 15.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on JD shares. Mizuho set a $39.00 price objective on shares of JD.com in a research report on Friday, August 14th. Arete Research set a $30.00 target price on JD.com and gave the stock a "neutral" rating in a research note on Monday. Benchmark restated a "buy" rating on shares of JD.com in a research note on Friday, August 14th. Susquehanna dropped their price objective on JD.com from $35.00 to $30.00 and set a "neutral" rating on the stock in a report on Monday, August 17th. Finally, Barclays reduced their target price on JD.com from $43.00 to $41.00 and set an "overweight" rating for the company in a report on Wednesday, July 15th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $35.25.

About Senator Booker

Cory Booker (Democratic Party) is a member of the U.S. Senate from New Jersey. He assumed office on October 31, 2013. His current term ends on January 3, 2027. Booker (Democratic Party) ran for re-election to the U.S. Senate to represent New Jersey. He won in the general election on November 3, 2020. Booker also ran for election for President of the United States. He did not appear on the ballot for the Democratic convention on August 18, 2020. Booker announced that he was running for president of the United States on February 1, 2019. He suspended his presidential campaign on January 13, 2020. Before being elected to the Senate, Booker served as the 36th mayor of Newark. He also served on the Newark City Council for the Central Ward. In September 2017, he was rated the third most liberal senator based on his voting record, according to The New York Times. Booker was born in 1969 in Washington, D.C., and grew up in Harrington Park, New Jersey. He attended Stanford University on a varsity football scholarship, receiving a B.A. in 1991 and an M.A. in 1992. Booker was a Rhodes Scholar at the University of Oxford, where he earned a graduate degree in history in 1994. He then attended Yale Law School, graduating with a J.D. in 1997. After completing his education, Booker moved into a public housing project in Newark, New Jersey, became a tenant organizer, and founded a nonprofit that provided legal assistance to low-income families. He was elected to the Newark City Council in 1998 and served there until 2002, when he ran unsuccessfully for mayor. The same year, he became a partner at Booker, Rabinowitz, Trenk, Lubetkin, Tully, DiPasquale & Webster. In 2006, Booker ran again for mayor of Newark and was elected with 72% of the vote. He served as mayor until 2013. On October 16, 2013, Booker won a special election to the U.S. Senate after the death of Sen. Frank Lautenberg (D). Booker was re-elected to the U.S. Senate on November 4, 2014. In 2016, Booker published a memoir titled United: Thoughts on Finding Common Ground and Advancing the Common Good.

About JD.com

JD.com, Inc NASDAQ: JD is a China-based technology and e-commerce company that operates an online retail platform serving consumers and businesses. The company sells a broad range of products, including electronics and appliances, general merchandise, groceries, apparel, household goods, and healthcare products. It offers both products sourced directly from suppliers and merchandise sold by third-party merchants through its marketplace.

Founded by Richard Qiangdong Liu in 1998, JD.com initially focused on selling consumer electronics and launched its online retail business in 2004.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.