Vipshop (NYSE:VIPS) Shares Down 5.2% - Time to Sell?

Shares of Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) traded down 5.2% during mid-day trading on Tuesday . The stock traded as low as $14.63 and last traded at $14.58. 774,599 shares were traded during mid-day trading, a decline of 75% from the average session volume of 3,141,370 shares. The stock had previously closed at $15.38.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Barclays began coverage on Vipshop in a research report on Wednesday, November 6th. They issued an "overweight" rating and a $19.00 price objective on the stock. StockNews.com upgraded shares of Vipshop from a "hold" rating to a "buy" rating in a research note on Friday. Citigroup reduced their price target on shares of Vipshop from $18.00 to $17.00 and set a "buy" rating for the company in a research note on Wednesday, November 20th. Finally, Benchmark reiterated a "hold" rating on shares of Vipshop in a research note on Wednesday, November 20th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $17.50.

Vipshop Trading Up 0.9 %

The company has a market cap of $7.53 billion, a P/E ratio of 7.02, a PEG ratio of 1.52 and a beta of 0.30. The business's 50 day simple moving average is $13.98 and its 200 day simple moving average is $13.98.

Vipshop (NYSE:VIPS - Get Free Report) last announced its quarterly earnings results on Friday, February 21st. The technology company reported $0.65 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by ($0.05). Vipshop had a net margin of 7.50% and a return on equity of 20.89%. Sell-side analysts anticipate that Vipshop Holdings Limited will post 1.95 EPS for the current year.

Institutional Trading of Vipshop

Institutional investors and hedge funds have recently bought and sold shares of the stock. Venturi Wealth Management LLC bought a new position in shares of Vipshop during the 3rd quarter valued at approximately $56,000. Blue Trust Inc. boosted its position in shares of Vipshop by 140.6% during the 3rd quarter. Blue Trust Inc. now owns 8,485 shares of the technology company's stock valued at $133,000 after acquiring an additional 4,958 shares during the last quarter. Jump Financial LLC bought a new position in shares of Vipshop during the 4th quarter valued at approximately $161,000. Atomi Financial Group Inc. boosted its position in shares of Vipshop by 10.8% during the 4th quarter. Atomi Financial Group Inc. now owns 12,241 shares of the technology company's stock valued at $165,000 after acquiring an additional 1,191 shares during the last quarter. Finally, Vontobel Holding Ltd. bought a new position in shares of Vipshop during the 4th quarter valued at approximately $165,000. 48.82% of the stock is currently owned by institutional investors.

Vipshop Company Profile

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.