Vipshop Target of Unusually High Options Trading (NYSE:VIPS)

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) was the target of unusually large options trading activity on Thursday. Stock traders acquired 3,409 put options on the stock. This represents an increase of 130% compared to the typical daily volume of 1,481 put options.

Analysts Set New Price Targets

VIPS has been the topic of several research analyst reports. Wall Street Zen downgraded Vipshop from a "buy" rating to a "hold" rating in a research note on Wednesday, May 21st. Citigroup cut shares of Vipshop from a "buy" rating to a "neutral" rating and set a $18.00 price target on the stock. in a report on Tuesday, April 1st. Finally, Barclays lowered their target price on shares of Vipshop from $20.00 to $19.00 and set an "overweight" rating on the stock in a research note on Thursday, May 22nd. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $15.10.

Vipshop Stock Down 0.8%

Shares of VIPS stock traded down $0.12 during trading hours on Tuesday, hitting $14.25. 2,399,341 shares of the company's stock traded hands, compared to its average volume of 3,861,804. The stock's fifty day simple moving average is $14.18 and its two-hundred day simple moving average is $14.30. Vipshop has a 12-month low of $11.50 and a 12-month high of $17.94. The stock has a market cap of $7.31 billion, a price-to-earnings ratio of 6.82, a PEG ratio of 1.52 and a beta of 0.60.

Vipshop (NYSE:VIPS - Get Free Report) last issued its earnings results on Wednesday, February 26th. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.05). Vipshop had a return on equity of 20.89% and a net margin of 7.50%. The firm had revenue of $4.55 billion during the quarter, compared to analysts' expectations of $3.82 billion. On average, equities analysts forecast that Vipshop will post 1.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Vipshop

Institutional investors have recently made changes to their positions in the business. Baader Bank Aktiengesellschaft increased its position in Vipshop by 5.0% in the first quarter. Baader Bank Aktiengesellschaft now owns 15,755 shares of the technology company's stock worth $245,000 after buying an additional 755 shares in the last quarter. Atlas Capital Advisors Inc. grew its stake in Vipshop by 41.5% during the first quarter. Atlas Capital Advisors Inc. now owns 3,567 shares of the technology company's stock valued at $56,000 after acquiring an additional 1,046 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in Vipshop by 2.2% during the first quarter. Asset Management One Co. Ltd. now owns 54,607 shares of the technology company's stock valued at $856,000 after buying an additional 1,165 shares during the last quarter. Atomi Financial Group Inc. grew its holdings in shares of Vipshop by 10.8% in the fourth quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock valued at $165,000 after purchasing an additional 1,191 shares in the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in shares of Vipshop by 5.7% in the 4th quarter. Daiwa Securities Group Inc. now owns 25,900 shares of the technology company's stock worth $349,000 after buying an additional 1,400 shares during the last quarter. Institutional investors own 48.82% of the company's stock.

About Vipshop

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.