On April 5, 2023 at 10:06:33 ET an unusually large $474.92K block of Call contracts in JD.com (JD) was sold, with a strike price of $40.00 / share, expiring in 163 days (on September 15, 2023). Fintel tracks all large options trades, and the premium spent on this trade was 1.33 sigmas above the mean, placing it in the 89.96 percentile of all recent large trades made in JD options.
This trade was first picked up on Fintel’s real time Unusual Option Trades tool, where unusual option trades are highlighted.
Analyst Price Forecast Suggests 78.66% Upside
As of March 30, 2023, the average one-year price target for JD.com is $74.75. The forecasts range from a low of $38.69 to a high of $97.29. The average price target represents an increase of 78.66% from its latest reported closing price of $41.84.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for JD.com is $1,249,803MM, an increase of 19.46%. The projected annual non-GAAP EPS is $12.33.
What is the Fund Sentiment?
There are 1185 funds or institutions reporting positions in JD.com. This is an increase of 35 owner(s) or 3.04% in the last quarter. Average portfolio weight of all funds dedicated to JD is 0.96%, an increase of 11.87%. Total shares owned by institutions decreased in the last three months by 3.29% to 459,525K shares. The put/call ratio of JD is 0.51, indicating a bullish outlook.
What are Large Shareholders Doing?
VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares holds 32,884K shares representing 2.10% ownership of the company. In it’s prior filing, the firm reported owning 32,600K shares, representing an increase of 0.86%. The firm increased its portfolio allocation in JD by 35.00% over the last quarter.
VGTSX – Vanguard Total International Stock Index Fund Investor Shares holds 31,216K shares representing 1.99% ownership of the company. In it’s prior filing, the firm reported owning 31,551K shares, representing a decrease of 1.07%. The firm increased its portfolio allocation in JD by 37.46% over the last quarter.
Invesco holds 21,862K shares representing 1.39% ownership of the company. In it’s prior filing, the firm reported owning 23,963K shares, representing a decrease of 9.61%. The firm decreased its portfolio allocation in JD by 99.99% over the last quarter.
Tiger Global Management holds 21,812K shares representing 1.39% ownership of the company. In it’s prior filing, the firm reported owning 29,860K shares, representing a decrease of 36.90%. The firm increased its portfolio allocation in JD by 8.77% over the last quarter.
IEMG – iShares Core MSCI Emerging Markets ETF holds 18,812K shares representing 1.20% ownership of the company. In it’s prior filing, the firm reported owning 17,524K shares, representing an increase of 6.85%. The firm decreased its portfolio allocation in JD by 3.49% over the last quarter.
JD.com Background Information
(This description is provided by the company.)
JD.com, Inc., also known as Jingdong, internationally known as Joybuy and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.
This article originally appeared on Fintel
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