Categories: Stock Market

Unusual Call Option Trade in JD.com (JD) Worth $474.92K

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 story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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