Sei Investments Co. Has $17.90 Million Stock Position in Vipshop Holdings Limited $VIPS

Sei Investments Co. lowered its position in Vipshop Holdings Limited (NYSE:VIPS) by 3.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,138,795 shares of the technology company’s stock after selling 45,153 shares during the period. Sei Investments Co.’s holdings in Vipshop were worth $17,902,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Arax Advisory Partners raised its position in shares of Vipshop by 96.8% during the fourth quarter. Arax Advisory Partners now owns 1,407 shares of the technology company’s stock worth $25,000 after purchasing an additional 692 shares during the period. Richardson Financial Services Inc. grew its position in shares of Vipshop by 153.8% in the 4th quarter. Richardson Financial Services Inc. now owns 2,063 shares of the technology company’s stock valued at $36,000 after purchasing an additional 1,250 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of Vipshop by 8,472.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,143 shares of the technology company’s stock valued at $38,000 after purchasing an additional 2,118 shares during the period. Global Retirement Partners LLC increased its stake in Vipshop by 104.3% during the 4th quarter. Global Retirement Partners LLC now owns 5,975 shares of the technology company’s stock worth $106,000 after purchasing an additional 3,050 shares in the last quarter. Finally, State of Wyoming raised its holdings in Vipshop by 10,007.7% during the 1st quarter. State of Wyoming now owns 6,570 shares of the technology company’s stock worth $103,000 after buying an additional 6,505 shares during the period. Institutional investors and hedge funds own 48.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on VIPS shares. Bank of America reaffirmed an “underperform” rating on shares of Vipshop in a research note on Friday, May 29th. UBS Group set a $18.50 price objective on shares of Vipshop and gave the stock a “buy” rating in a report on Friday, May 22nd. Wall Street Zen raised shares of Vipshop from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Weiss Ratings lowered shares of Vipshop from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Finally, Benchmark reiterated a “hold” rating on shares of Vipshop in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.68.

Vipshop Stock Up 1.8%

NYSE:VIPS opened at $15.11 on Thursday. The company has a market cap of $7.24 billion, a P/E ratio of 7.09, a price-to-earnings-growth ratio of 1.49 and a beta of 0.67. Vipshop Holdings Limited has a twelve month low of $12.65 and a twelve month high of $21.08. The business has a 50 day moving average price of $13.95 and a two-hundred day moving average price of $15.35.

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.