Investors Purchase High Volume of JD.com Call Options (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD - Get Free Report) saw some unusual options trading activity on Thursday. Investors purchased 185,097 call options on the stock. This is an increase of approximately 162% compared to the average volume of 70,759 call options.

Analysts Set New Price Targets

Several research analysts have recently weighed in on JD shares. Arete Research raised shares of JD.com to a "hold" rating in a research report on Tuesday, June 24th. UBS Group lowered their price target on shares of JD.com from $58.00 to $50.00 and set a "buy" rating on the stock in a report on Thursday, July 10th. Arete downgraded shares of JD.com from a "buy" rating to a "neutral" rating and set a $45.00 price target on the stock. in a research report on Tuesday, June 24th. Benchmark cut their target price on shares of JD.com from $58.00 to $53.00 and set a "buy" rating on the stock in a research report on Wednesday, May 14th. Finally, Susquehanna cut their price target on shares of JD.com from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Thursday, May 15th. Six equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $44.46.

JD.com Trading Up 3.0%

NASDAQ JD traded up $0.94 on Thursday, reaching $32.58. 8,131,459 shares of the company were exchanged, compared to its average volume of 13,903,422. The stock has a market capitalization of $45.50 billion, a P/E ratio of 7.93, a price-to-earnings-growth ratio of 4.19 and a beta of 0.48. JD.com has a fifty-two week low of $24.13 and a fifty-two week high of $47.82. The company has a current ratio of 1.26, a quick ratio of 0.92 and a debt-to-equity ratio of 0.18. The business's fifty day moving average price is $33.00 and its 200 day moving average price is $36.51.

Hedge Funds Weigh In On JD.com

Several institutional investors have recently added to or reduced their stakes in JD. Parallel Advisors LLC increased its holdings in shares of JD.com by 5.9% during the 1st quarter. Parallel Advisors LLC now owns 5,429 shares of the information services provider's stock worth $223,000 after buying an additional 304 shares during the last quarter. Farther Finance Advisors LLC raised its stake in JD.com by 23.7% during the first quarter. Farther Finance Advisors LLC now owns 1,605 shares of the information services provider's stock worth $66,000 after acquiring an additional 308 shares during the period. Lakeshore Capital Group Inc. increased its stake in shares of JD.com by 2.4% in the first quarter. Lakeshore Capital Group Inc. now owns 13,522 shares of the information services provider's stock valued at $556,000 after purchasing an additional 322 shares during the period. Compagnie Lombard Odier SCmA increased its stake in shares of JD.com by 21.4% during the first quarter. Compagnie Lombard Odier SCmA now owns 2,268 shares of the information services provider's stock valued at $93,000 after acquiring an additional 400 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in JD.com by 4.5% during the fourth quarter. Sequoia Financial Advisors LLC now owns 10,192 shares of the information services provider's stock worth $353,000 after buying an additional 436 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company's stock.

JD.com Company Profile

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.

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