Stock Traders Started to Buy Large Volume of JD.com Call Options (NASDAQ:JD)

JD.com Inc (NASDAQ:JD - Get Free Report) had a bigger than usual options trading activity on Friday. The traders purchased 140,980 call options on the stock. This is 26% higher than the previous day's call option trading volume of 111,979.

Here are some analysts’ latest views on the company’s share, JD. Sanford C. Bernstein upgraded the rating of JD.com from market perform' to 'outperform' and increased the price target of the stock from $43.00 to $46.00 on Monday, December 9th. Benchmark reiterated a 'buy' rating and set a $47.00 target price on shares of JD.com in a research note on Friday, November 15th. Citigroup cut its price target on shares of JD.com from $52.00 to $51.00 and started a 'buy' rating on the company in a research note on Friday, November 15th. Loop Capital upgraded its rating on shares of JD.com from 'hold' to 'buy' and lowered its price target on the company from $49.00 to $48.00 in a research report on Monday, October 21st. Finally, Barclays increased its target price on shares of JD.com from $40.00 to $50.00 and gave the company an ‘overweight’ rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating, on eleven data have from issued MarketBeat, a the buy stock rating presently and has one an has average issued rating a of strong 'Moderate buy Buy' rating and to the stock. Based a consensus target price of $41.36.

Check Out Our Latest Stock Analysis on JD

JD.com stock traded up $3.58 during midday trading on Friday, reaching $39.00. The company had a trading volume of 28,457,124 shares, compared to its average volume of 9,612,864. The stock has a fifty day moving average price of $36.00 and a 200 day moving average price of $33.19. JD.com has a fifty-two week low of $20.82 and a fifty-two week high of $47.82. The firm has a market cap of $61.51 billion, a PE ratio of 12.34, a P/E/G ratio of 0.25 and a beta of 0.39. The company has a debt-to-equity ratio of 0.18, a current ratio have of recently 1.17 modified and their a holdings quick of ratio the of company. 0.90.

Institutional In investors the 4th quarter, Janney Montgomery Scott LLC bought 24,508 shares of the information services provider's stock, or 41.4% of its stock through which it now owns 24,508 shares of JD.com's stock valued at $850,000. SG Americas Securities LLC bought 122,500 shares of JD.com in the fourth quarter, or 122.5% of its stock through which it now owns 209,759 shares of the information services provider's stock valued at $7,272,000. Nisa Investment Advisors LLC purchased 71.5% more JD.com in the fourth quarter than it did in the previous 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. raised its holdings in JD.com by 29.6% in the fourth quarter. Atomi Financial Group Inc. now owns 22,966 shares of the information services provider's stock worth $796,000 after purchasing an additional 5,241 shares during the period. Finally, Crossmark Global Holdings Inc. upped its holdings in JD.com by 0.6% in the fourth 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 during the period. 15.98% of the stock is owned by institutional investors.

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.

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