Wenbin Qiu Acquires 11,600 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 11,600 shares of the stock in a transaction dated Wednesday, April 8th. The stock was bought at an average price of $2.58 per share, for a total transaction of $29,928.00. Following the completion of the purchase, the chief executive officer owned 1,341,722 shares in the company, valued at approximately $3,461,642.76. This trade represents a 0.87% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

Wenbin Qiu also recently made the following trade(s):

• On Tuesday, April 7th, Wenbin Qiu acquired 12,000 shares of Baozun stock. The stock was bought at an average price of $2.51 per share, for a total transaction of $30,120.00.

Baozun Trading Down 6.2%

BZUN stock opened at $2.42 on Friday. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $4.88. The firm has a market cap of $140.01 million, a P/E ratio of -4.17 and a beta of 0.40. The business’s 50 day moving average is $2.49 and its 200-day moving average is $2.90.

Analysts Set New Price Targets

Several research firms have recently weighed in on BZUN. Zacks Research upgraded Baozun to a “hold” rating in a research note on Wednesday, February 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BZUN. Russell Investments Group Ltd. acquired a new position in Baozun during the 3rd quarter worth $64,000. Jane Street Group LLC acquired a new stake in shares of Baozun in the 2nd quarter valued at $40,000. Quadrature Capital Ltd acquired a new stake in shares of Baozun in the 4th quarter valued at $51,000. Mackenzie Financial Corp acquired a new stake in shares of Baozun in the 3rd quarter valued at $102,000. Finally, BNP Paribas Financial Markets increased its stake in shares of Baozun by 51.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after buying an additional 10,594 shares during the period. 47.29% of the stock is owned by institutional investors and hedge funds.

About Baozun

Baozun Inc is a leading pure-play e-commerce solutions provider based in Shanghai, China. The company specializes in helping global and domestic brands establish and manage their online stores across major Chinese platforms, including Tmall, JD.com, and WeChat. By offering a one-stop service model, Baozun enables brand owners to outsource the complexities of digital retail operations and focus on product development and customer engagement.

The company’s suite of services encompasses store design and setup, digital marketing and promotion, technology integration, order fulfillment, warehousing and logistics, customer care, and data analytics.