On August 30, 2023 at 13:24:22 ET an unusually large $2,743.00K block of Put contracts in JD.com Inc – ADR (JD) was bought, with a strike price of $55.00 / share, expiring in 142 day(s) (on January 19, 2024). Fintel tracks all large options trades, and the premium spent on this trade was 6.53 sigmas above the mean, placing it in the 100.00th percentile of all recent large trades made in JD options.
This trade was first picked up on Fintel’s real time Options Flow tool, where unusual option trades are highlighted.
What is the Fund Sentiment?
There are 706 funds or institutions reporting positions in JD.com Inc – ADR. This is a decrease of 67 owner(s) or 8.67% in the last quarter. Average portfolio weight of all funds dedicated to JD is 0.58%, a decrease of 16.43%. Total shares owned by institutions decreased in the last three months by 0.55% to 267,875K shares. The put/call ratio of JD is 0.58, indicating a bullish outlook.
Analyst Price Forecast Suggests 69.17% Upside
As of August 2, 2023, the average one-year price target for JD.com Inc – ADR is 57.20. The forecasts range from a low of 25.33 to a high of $83.60. The average price target represents an increase of 69.17% from its latest reported closing price of 33.81.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for JD.com Inc – ADR is 1,249,803MM, an increase of 16.82%. The projected annual non-GAAP EPS is 12.33.
What are Other Shareholders Doing?
Tiger Global Management holds 21,075K shares representing 1.34% ownership of the company. In it’s prior filing, the firm reported owning 24,078K shares, representing a decrease of 14.25%. The firm decreased its portfolio allocation in JD by 37.47% over the last quarter.
Invesco holds 18,858K shares representing 1.20% ownership of the company. In it’s prior filing, the firm reported owning 20,242K shares, representing a decrease of 7.34%. The firm increased its portfolio allocation in JD by 635.54% over the last quarter.
Dodge & Cox holds 16,237K shares representing 1.03% ownership of the company. In it’s prior filing, the firm reported owning 14,222K shares, representing an increase of 12.41%. The firm decreased its portfolio allocation in JD by 13.06% over the last quarter.
DODFX – Dodge & Cox International Stock Fund holds 12,073K shares representing 0.77% ownership of the company. In it’s prior filing, the firm reported owning 10,723K shares, representing an increase of 11.18%. The firm decreased its portfolio allocation in JD by 15.39% over the last quarter.
Newlands Management Operations holds 9,037K shares representing 0.57% ownership of the company. In it’s prior filing, the firm reported owning 2,395K shares, representing an increase of 73.50%. The firm increased its portfolio allocation in JD by 74.83% 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.
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