JD.com surged to $46.97 per share this morning, but it remains 12.02% above its mean target price of $41.93. There may still be room for more downwards movement — even after today's 5.3% drop. Analysts are giving the Large-Cap Retail stock on average rating of buy, with target prices ranging from $27.99 to $59.99 per share.
JD.com's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.7%. The stock's short ratio is 1.9. The company's insiders own 0.88% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 18.7%. In conclusion, we believe there is negative market sentiment regarding JD.com.
Institutions Invested in JD.com
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Dodge & Cox Inc | 1% | 22,479,249 | $1,055,850,352 |
| 2024-06-30 | Invesco Ltd. | 1% | 15,272,053 | $717,328,348 |
| 2024-06-30 | FIL LTD | 1% | 11,622,000 | $545,885,354 |
| 2024-06-30 | FMR, LLC | 1% | 10,831,715 | $508,765,666 |
| 2024-06-30 | Newlands Management Operations LLC | 1% | 9,037,190 | $424,476,825 |
| 2024-06-30 | Morgan Stanley | 1% | 8,602,739 | $404,070,661 |
| 2024-06-30 | Lazard Asset Management LLC | 0% | 7,887,391 | $370,470,764 |
| 2024-06-30 | Alkeon Capital Management LLC | 0% | 6,636,205 | $311,702,556 |
| 2024-06-30 | Discerene Group, LP | 0% | 5,554,851 | $260,911,358 |
| 2024-06-30 | Goldman Sachs Group Inc | 0% | 4,922,857 | $231,226,599 |
