Maven Securities LTD Makes New Investment in Vipshop Holdings Limited $VIPS

Maven Securities LTD acquired a new position in shares of Vipshop Holdings Limited (NYSE:VIPS) in the 2nd quarter, Holdings Channel reports. The fund acquired 139,757 shares of the technology company’s stock, valued at approximately $1,853,000.

Several other large investors have also modified their holdings of VIPS. Arax Advisory Partners grew its position in shares of Vipshop by 96.8% in the 4th quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock valued at $25,000 after buying an additional 692 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Vipshop by 8,472.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,143 shares of the technology company’s stock worth $38,000 after acquiring an additional 2,118 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Vipshop by 100.4% in the first quarter. EverSource Wealth Advisors LLC now owns 3,721 shares of the technology company’s stock valued at $58,000 after acquiring an additional 1,864 shares during the last quarter. State of Wyoming lifted its position in Vipshop by 10,007.7% in the first quarter. State of Wyoming now owns 6,570 shares of the technology company’s stock valued at $103,000 after acquiring an additional 6,505 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Vipshop by 104.3% in the fourth quarter. Global Retirement Partners LLC now owns 5,975 shares of the technology company’s stock valued at $106,000 after acquiring an additional 3,050 shares in the last quarter. Institutional investors and hedge funds own 48.82% of the company’s stock.

Vipshop Price Performance

NYSE:VIPS opened at $13.05 on Wednesday. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 4.32, a price-to-earnings-growth ratio of 2.03 and a beta of 0.67. The firm’s fifty day moving average price is $14.23 and its 200 day moving average price is $14.68. Vipshop Holdings Limited has a 1-year low of $12.65 and a 1-year high of $21.08.

Vipshop (NYSE:VIPS) last released its earnings results on Tuesday, August 25th. The technology company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.47). Vipshop had a return on equity of 12.63% and a net margin of 9.88%.The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.64 billion. As a group, analysts expect that Vipshop Holdings Limited will post 1.67 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on VIPS. Nomura reaffirmed a “neutral” rating and set a $14.00 price objective on shares of Vipshop in a report on Thursday, August 27th. Zacks Research downgraded Vipshop from a “hold” rating to a “strong sell” rating in a report on Friday, August 28th. Wall Street Zen cut Vipshop from a “buy” rating to a “hold” rating in a research report on Monday, August 24th. Morgan Stanley set a $16.00 price target on Vipshop in a research note on Wednesday, August 26th. Finally, Barclays cut their price target on Vipshop from $20.00 to $19.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Vipshop has an average rating of “Hold” and an average price target of $18.52.

Vipshop Company Profile

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.