Stock Traders Purchase High Volume of Call Options on JD.com (NASDAQ:JD)

JD.com, Inc. (NASDAQ:JD) was the target of some unusual options trading activity on Friday. Stock traders acquired 140,980 call options on the company. This represents an increase of approximately 26% compared to the average volume of 111,979 call options.

Institutional Trading of JD.com

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

JD.com Price Performance

NASDAQ:JD opened at $39.00 on Friday. The company has a market cap of $61.51 billion, a P/E ratio of 12.34, a P/E/G ratio of 0.25 and a beta of 0.39. The firm’s fifty day moving average price is $36.00 and its two-hundred day moving average price is $33.19. JD.com has a one year low of $20.82 and a one year high of $47.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.17 and a quick ratio of 0.90.

Wall Street Analysts Forecast Growth

JD has been the topic of a number of research reports. Sanford C. Bernstein raised shares of JD.com from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $43.00 to $46.00 in a research report on Monday, December 9th. Citigroup cut their target price on JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Barclays boosted 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. Benchmark reaffirmed a “buy” rating and set a $47.00 price objective on shares of JD.com in a report on Friday, November 15th. Finally, StockNews.com upgraded JD.com from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.