Maven Securities LTD Takes $1.85 Million Position in Vipshop Holdings Limited $VIPS

Key Points

• Maven Securities acquired a new $1.85 million stake in Vipshop during the second quarter, purchasing 139,757 shares. Hedge funds and other institutional investors own 48.82% of the company.
• Vipshop shares opened at $13.05, down 1.1%, near the stock’s 12-month low of $12.65. The company recently reported quarterly EPS of $0.12, missing analyst expectations of $0.59, while revenue matched estimates at $3.64 billion.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $18.52; individual targets range from $16.00 to $19.00.

Maven Securities LTD acquired a new stake in Vipshop Holdings Limited (NYSE:VIPS - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 139,757 shares of the technology company's stock, valued at approximately $1,853,000.

Several other large investors have also recently added to or reduced their stakes in VIPS. Arax Advisory Partners lifted its holdings in Vipshop by 96.8% during the 4th quarter. Arax Advisory Partners now owns 1,407 shares of the technology company's stock worth $25,000 after buying an additional 692 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in shares of Vipshop by 8,472.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,143 shares of the technology company's stock worth $38,000 after acquiring an additional 2,118 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Vipshop by 100.4% during the first quarter. EverSource Wealth Advisors LLC now owns 3,721 shares of the technology company's stock worth $58,000 after acquiring an additional 1,864 shares during the period. Global Retirement Partners LLC increased its position in shares of Vipshop by 104.3% during the fourth quarter. Global Retirement Partners LLC now owns 5,975 shares of the technology company's stock worth $106,000 after acquiring an additional 3,050 shares during the period. Finally, State of Wyoming raised its stake in shares of Vipshop by 10,007.7% in the first quarter. State of Wyoming now owns 6,570 shares of the technology company's stock valued at $103,000 after acquiring an additional 6,505 shares in the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Vipshop Trading Down 1.1%

Vipshop stock opened at $13.05 on Wednesday. The company has a fifty day simple moving average of $14.23 and a 200-day simple moving average of $14.68. The stock has a market cap of $6.25 billion, a P/E ratio of 4.32, a price-to-earnings-growth ratio of 2.03 and a beta of 0.67. Vipshop Holdings Limited has a 12-month low of $12.65 and a 12-month high of $21.08.

Vipshop (NYSE:VIPS - Get Free Report) last posted its earnings results on Tuesday, August 25th. The technology company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.47). Vipshop had a net margin of 9.88% and a return on equity of 12.63%. The business had revenue of $3.64 billion during the quarter, compared to analysts' expectations of $3.64 billion. As a group, sell-side analysts forecast that Vipshop Holdings Limited will post 1.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Wall Street Zen lowered Vipshop from a "buy" rating to a "hold" rating in a report on Monday, August 24th. Barclays cut their price target on Vipshop from $20.00 to $19.00 and set an "overweight" rating on the stock in a report on Thursday, August 27th. UBS Group set a $18.50 price target on Vipshop and gave the company a "buy" rating in a research report on Friday, May 22nd. Morgan Stanley set a $16.00 price objective on Vipshop in a research note on Wednesday, August 26th. Finally, Benchmark reissued a "hold" rating on shares of Vipshop in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vipshop has a consensus rating of "Hold" and a consensus target price of $18.52.

Vipshop Company 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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