Vipshop Sees Unusually High Options Volume (NYSE:VIPS)

Vipshop Holdings Limited (NYSE:VIPS) was the target of unusually large options trading activity on Friday. Investors purchased 2,663 put options on the company. This represents an increase of approximately 167% compared to the average daily volume of 996 put options.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on VIPS shares. Wall Street Zen lowered shares of Vipshop from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Citigroup reiterated a “neutral” rating on shares of Vipshop in a research note on Thursday. Barclays restated an “overweight” rating and set a $21.00 price target on shares of Vipshop in a research report on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vipshop in a report on Wednesday. Finally, Zacks Research lowered Vipshop from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 27th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Vipshop currently has an average rating of “Moderate Buy” and a consensus price target of $18.83.

Institutional Investors Weigh In On Vipshop

A number of institutional investors and hedge funds have recently made changes to their positions in VIPS. Mariner LLC boosted its holdings in Vipshop by 3.2% in the third quarter. Mariner LLC now owns 18,308 shares of the technology company’s stock valued at $360,000 after acquiring an additional 561 shares during the last quarter. D Orazio & Associates Inc. boosted its stake in shares of Vipshop by 4.3% in the 3rd quarter. D Orazio & Associates Inc. now owns 15,119 shares of the technology company’s stock valued at $297,000 after purchasing an additional 618 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Vipshop by 0.5% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 133,271 shares of the technology company’s stock worth $2,006,000 after buying an additional 657 shares during the period. Advisors Asset Management Inc. raised its stake in shares of Vipshop by 3.0% during the second quarter. Advisors Asset Management Inc. now owns 23,072 shares of the technology company’s stock worth $347,000 after buying an additional 664 shares during the last quarter. Finally, Lester Murray Antman dba SimplyRich raised its stake in shares of Vipshop by 0.5% during the third quarter. Lester Murray Antman dba SimplyRich now owns 146,753 shares of the technology company’s stock worth $2,882,000 after buying an additional 685 shares during the last quarter. Institutional investors own 48.82% of the company’s stock.

Vipshop Trading Up 2.7%

Shares of Vipshop stock traded up $0.48 during midday trading on Friday, reaching $18.57. The company had a trading volume of 1,299,524 shares, compared to its average volume of 3,285,533. The stock has a fifty day simple moving average of $18.93 and a 200 day simple moving average of $16.65. Vipshop has a 1-year low of $12.14 and a 1-year high of $21.08. The company has a market capitalization of $9.52 billion, a price-to-earnings ratio of 10.14, a price-to-earnings-growth ratio of 2.11 and a beta of 0.83.

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.