Carmignac Gestion Grows Stake in Vipshop Holdings Limited $VIPS

Key Points

• Carmignac Gestion increased its Vipshop stake by 7.7% in the first quarter, adding 319,375 shares to own 4.48 million shares valued at approximately $70.5 million. Institutional investors collectively hold 48.82% of Vipshop’s stock.
• Analyst sentiment is broadly positive, with Vipshop receiving a consensus “Moderate Buy” rating and an average price target of $20.68, compared with its recent price of $15.33. Ratings range from Strong Buy to Sell.
• Vipshop has a market capitalization of $7.34 billion and a P/E ratio of 7.20. Its shares have traded between $12.65 and $21.08 over the past year.

Carmignac Gestion grew its stake in shares of Vipshop Holdings Limited (NYSE:VIPS - Free Report) by 7.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,480,529 shares of the technology company's stock after acquiring an additional 319,375 shares during the period. Vipshop comprises 1.1% of Carmignac Gestion's investment portfolio, making the stock its 25th biggest position. Carmignac Gestion owned approximately 0.94% of Vipshop worth $70,510,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Arax Advisory Partners raised its holdings in shares of Vipshop by 96.8% in the 4th quarter. Arax Advisory Partners now owns 1,407 shares of the technology company's stock worth $25,000 after purchasing an additional 692 shares during the period. Richardson Financial Services Inc. grew its holdings in Vipshop by 153.8% during the fourth quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company's stock valued at $36,000 after purchasing an additional 1,250 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Vipshop by 8,472.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,143 shares of the technology company's stock valued at $38,000 after purchasing an additional 2,118 shares during the period. EverSource Wealth Advisors LLC increased its position in Vipshop by 100.4% in the first quarter. EverSource Wealth Advisors LLC now owns 3,721 shares of the technology company's stock worth $58,000 after buying an additional 1,864 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in Vipshop by 104.3% in the fourth quarter. Global Retirement Partners LLC now owns 5,975 shares of the technology company's stock worth $106,000 after buying an additional 3,050 shares during the last quarter. Hedge funds and other institutional investors own 48.82% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Benchmark reaffirmed a "hold" rating on shares of Vipshop in a research report on Friday, May 22nd. Wall Street Zen raised Vipshop from a "hold" rating to a "buy" rating in a report on Saturday, July 25th. Bank of America restated an "underperform" rating on shares of Vipshop in a research note on Friday, May 29th. Weiss Ratings downgraded shares of Vipshop from a "hold (c)" rating to a "hold (c-)" rating in a report on Tuesday, May 26th. Finally, UBS Group set a $18.50 target price on shares of Vipshop and gave the stock a "buy" rating in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $20.68.

Vipshop Price Performance

NYSE:VIPS opened at $15.33 on Monday. The company has a market cap of $7.34 billion, a P/E ratio of 7.20, a P/E/G ratio of 1.54 and a beta of 0.67. The stock's fifty day moving average price is $13.99 and its two-hundred day moving average price is $15.31. Vipshop Holdings Limited has a 1 year low of $12.65 and a 1 year high of $21.08.

Vipshop Profile

Vipshop Holdings Limited NYSE: VIPS is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.

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