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

JD.com, Inc. (NASDAQ:JD) saw unusually large options trading activity on Friday. Stock investors acquired 140,980 call options on the stock. This is an increase of approximately 26% compared to the average daily volume of 111,979 call options.

Institutional Investors Weigh In On JD.com

Institutional investors and hedge funds have recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its holdings in shares of JD.com by 41.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 24,508 shares of the information services provider’s stock valued at $850,000 after buying an additional 7,174 shares in the last quarter. SG Americas Securities LLC grew its stake in JD.com by 122.5% during the 4th quarter. SG Americas Securities LLC now owns 209,759 shares of the information services provider’s stock worth $7,272,000 after buying an additional 115,504 shares during the last quarter. Nisa Investment Advisors LLC increased its position in JD.com by 71.5% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after buying an additional 417 shares in the last quarter. Atomi Financial Group Inc. boosted its holdings in JD.com by 29.6% in the fourth quarter. Atomi Financial Group Inc. now owns 22,966 shares of the information services provider’s stock worth $796,000 after acquiring an additional 5,241 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its holdings in shares of JD.com by 0.6% during the fourth quarter. Crossmark Global Holdings Inc. now owns 100,589 shares of the information services provider’s stock valued at $3,487,000 after acquiring an additional 597 shares in the last quarter. 15.98% of the stock is owned by institutional investors.

JD.com Stock Performance

Shares of NASDAQ:JD opened at $39.00 on Friday. The firm’s 50 day simple moving average is $36.02 and its 200-day simple moving average is $33.28. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.90 and a current ratio of 1.17. JD.com has a one year low of $20.82 and a one year high of $47.82. The firm has a market cap of $61.51 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 0.25 and a beta of 0.39.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on JD. Barclays lifted their target price on JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Benchmark reiterated a “buy” rating and set a $47.00 price objective on shares of JD.com in a research report on Friday, November 15th. Loop Capital upgraded shares of JD.com from a “hold” rating to a “buy” rating and dropped their target price for the stock from $49.00 to $48.00 in a research report on Monday, October 21st. JPMorgan Chase & Co. lifted their price target on shares of JD.com from $40.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, October 16th. Finally, StockNews.com raised shares of JD.com from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.36.

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.