Baozun Inc. (NASDAQ:BZUN – Get Free Report) CEO Wenbin Qiu purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were purchased at an average cost of $2.63 per share, with a total value of $26,300.00. Following the completion of the acquisition, the chief executive officer directly owned 1,503,872 shares of the company’s stock, valued at $3,955,183.36. This represents a 0.67% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Wenbin Qiu also recently made the following trade(s):
- On Monday, June 1st, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.73 per share, with a total value of $27,300.00.
- On Thursday, May 28th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.56 per share, with a total value of $25,600.00.
- On Tuesday, May 26th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.55 per share, with a total value of $25,500.00.
- On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The shares were bought at an average price of $3.14 per share, for a total transaction of $50,240.00.
- On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, for a total transaction of $49,700.00.
- On Wednesday, April 15th, Wenbin Qiu bought 11,000 shares of Baozun stock. The shares were bought at an average price of $2.71 per share, for a total transaction of $29,810.00.
- On Tuesday, April 14th, Wenbin Qiu bought 11,500 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, for a total transaction of $30,245.00.
- On Monday, April 13th, Wenbin Qiu bought 12,100 shares of Baozun stock. The shares were bought at an average price of $2.48 per share, for a total transaction of $30,008.00.
- On Friday, April 10th, Wenbin Qiu bought 12,400 shares of Baozun stock. The shares were bought at an average price of $2.43 per share, for a total transaction of $30,132.00.
- On Thursday, April 9th, Wenbin Qiu bought 11,650 shares of Baozun stock. The shares were bought at an average price of $2.58 per share, for a total transaction of $30,057.00.
Baozun Stock Performance
Shares of BZUN opened at $2.65 on Monday. The firm’s 50-day moving average is $2.64 and its two-hundred day moving average is $2.67. Baozun Inc. has a twelve month low of $2.07 and a twelve month high of $4.88. The firm has a market capitalization of $153.31 million, a P/E ratio of -5.89 and a beta of 0.51.
Wall Street Analyst Weigh In
Several research analysts have weighed in on BZUN shares. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. Finally, Zacks Research upgraded shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Baozun currently has an average rating of “Reduce”.
Read Our Latest Analysis on BZUN
Institutional Trading of Baozun
Several large investors have recently modified their holdings of BZUN. JPMorgan Chase & Co. grew its position in shares of Baozun by 6.0% in the second quarter. JPMorgan Chase & Co. now owns 171,051 shares of the technology company’s stock valued at $428,000 after purchasing an additional 9,627 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Baozun by 3.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 388,479 shares of the technology company’s stock valued at $971,000 after purchasing an additional 14,622 shares during the last quarter. Jump Financial LLC acquired a new stake in shares of Baozun in the second quarter valued at approximately $174,000. Qube Research & Technologies Ltd grew its position in shares of Baozun by 109.6% in the second quarter. Qube Research & Technologies Ltd now owns 148,950 shares of the technology company’s stock valued at $372,000 after purchasing an additional 77,891 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Baozun in the second quarter valued at approximately $40,000. 47.29% of the stock is currently owned by institutional investors and hedge funds.
Baozun Company Profile
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.
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