Vipshop Sees Unusually Large Options Volume (NYSE:VIPS)

Key Points

• Vipshop Holdings Limited experienced a significant increase in options trading, with 3,341 put options purchased, marking a 196% rise compared to its average daily volume.
• Analysts have given mixed ratings for Vipshop, with Zacks Research downgrading it to a "hold" and others, like Wall Street Zen, upgrading it to a "buy".
• The company's stock price recently traded at $18.71, down 0.4%, with a 12-month high of $18.91 and a market capitalization of $9.59 billion.

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) saw unusually large options trading on Friday. Investors purchased 3,341 put options on the company. This is an increase of 196% compared to the average daily volume of 1,128 put options.

Hedge Funds Weigh In On Vipshop

Large investors have recently modified their holdings of the business. E Fund Management Hong Kong Co. Ltd. grew its holdings in Vipshop by 0.5% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 133,271 shares of the technology company's stock worth $2,006,000 after acquiring an additional 657 shares during the period. Advisors Asset Management Inc. increased its holdings in Vipshop by 3.0% in the second quarter. Advisors Asset Management Inc. now owns 23,072 shares of the technology company's stock valued at $347,000 after buying an additional 664 shares in the last quarter. Baader Bank Aktiengesellschaft increased its holdings in Vipshop by 5.0% in the first quarter. Baader Bank Aktiengesellschaft now owns 15,755 shares of the technology company's stock valued at $245,000 after buying an additional 755 shares in the last quarter. Atlas Capital Advisors Inc. increased its holdings in Vipshop by 41.5% in the first quarter. Atlas Capital Advisors Inc. now owns 3,567 shares of the technology company's stock valued at $56,000 after buying an additional 1,046 shares in the last quarter. Finally, Huntington National Bank increased its holdings in Vipshop by 53.8% in the second quarter. Huntington National Bank now owns 3,323 shares of the technology company's stock valued at $50,000 after buying an additional 1,163 shares in the last quarter. 48.82% of the stock is owned by hedge funds and other institutional investors.

Vipshop Stock Performance

Vipshop stock traded up $0.05 during mid-day trading on Tuesday, reaching $18.29. 623,553 shares of the company were exchanged, compared to its average volume of 3,401,995. The firm has a market cap of $9.37 billion, a PE ratio of 9.93, a price-to-earnings-growth ratio of 2.07 and a beta of 0.70. The firm's 50-day simple moving average is $16.61 and its two-hundred day simple moving average is $15.33. Vipshop has a twelve month low of $12.14 and a twelve month high of $18.91.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Citigroup raised their target price on Vipshop from $17.00 to $19.00 and gave the stock a "neutral" rating in a research report on Friday, August 15th. Wall Street Zen upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Bank of America reduced their price target on shares of Vipshop from $17.80 to $17.30 and set a "buy" rating for the company in a research report on Friday, July 18th. Zacks Research cut Vipshop from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 27th. Finally, JPMorgan Chase & Co. cut their target price on Vipshop from $20.00 to $18.00 and set an "overweight" rating on the stock in a research report on Monday, June 30th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $18.33.

Vipshop Company Profile

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.