Vipshop Holdings Limited $VIPS Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC raised its position in Vipshop Holdings Limited (NYSE:VIPS) by 44.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,344,090 shares of the technology company’s stock after purchasing an additional 411,123 shares during the quarter. SG Americas Securities LLC owned about 0.26% of Vipshop worth $21,129,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Packer & Co Ltd bought a new stake in Vipshop during the fourth quarter worth approximately $27,406,000. Vanguard Group Inc. lifted its holdings in shares of Vipshop by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 10,148,017 shares of the technology company’s stock valued at $179,518,000 after purchasing an additional 149,758 shares during the last quarter. Step Capital Management Pte. Ltd. purchased a new stake in Vipshop during the fourth quarter valued at about $2,338,000. APG Asset Management N.V. lifted its position in shares of Vipshop by 141.4% in the 3rd quarter. APG Asset Management N.V. now owns 177,187 shares of the technology company’s stock valued at $3,480,000 after acquiring an additional 103,800 shares in the last quarter. Finally, Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in shares of Vipshop in the third quarter valued at $4,971,000. 48.82% of the stock is owned by institutional investors and hedge funds.

Vipshop Stock Performance

Shares of NYSE:VIPS opened at $13.39 on Thursday. The company has a market capitalization of $6.41 billion, a PE ratio of 6.29, a P/E/G ratio of 1.32 and a beta of 0.64. Vipshop Holdings Limited has a 52 week low of $13.00 and a 52 week high of $21.08. The company’s fifty day moving average is $14.24 and its 200-day moving average is $16.25.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Bank of America restated an “underperform” rating on shares of Vipshop in a report on Friday, May 29th. Weiss Ratings downgraded Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Nomura upgraded shares of Vipshop from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Friday, February 27th. JPMorgan Chase & Co. lowered their target price on Vipshop from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Finally, Jefferies Financial Group restated a “buy” rating on shares of Vipshop in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Vipshop has a consensus rating of “Moderate Buy” and a consensus target price of $20.20.

About Vipshop

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.