Wenbin Qiu Purchases 10,000 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 10,000 shares of the business’s stock in a transaction on Friday, June 5th. The stock was purchased at an average price of $2.65 per share, for a total transaction of $26,500.00. Following the acquisition, the chief executive officer directly owned 1,523,872 shares in the company, valued at $4,038,260.80. This represents a 0.66% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, June 8th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.77 per share, for a total transaction of $27,700.00.
• On Wednesday, June 3rd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The stock was bought at an average price of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The shares were bought at an average cost of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The stock was purchased at an average price of $2.71 per share, with a total value of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu acquired 11,500 shares of Baozun stock. The stock was purchased at an average cost of $2.63 per share, with a total value of $30,245.00.
• On Monday, April 13th, Wenbin Qiu acquired 12,100 shares of Baozun stock. The shares were purchased at an average price of $2.48 per share, for a total transaction of $30,008.00.

Baozun Stock Down 1.9%

Shares of NASDAQ BZUN opened at $2.59 on Thursday. The stock’s 50 day moving average price is $2.66 and its two-hundred day moving average price is $2.66. Baozun Inc. has a 52-week low of $2.07 and a 52-week high of $4.88. The stock has a market capitalization of $149.84 million, a P/E ratio of -5.76 and a beta of 0.51.

Baozun (NASDAQ:BZUN) last issued its earnings results on Friday, May 15th. The technology company reported $0.00 EPS for the quarter. Baozun had a positive return on equity of 1.68% and a negative net margin of 1.80%.The company had revenue of $345.35 million during the quarter.

Hedge Funds Weigh In On Baozun

Several institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new position in Baozun during the 2nd quarter valued at about $40,000. Quadrature Capital Ltd acquired a new stake in shares of Baozun in the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. acquired a new stake in shares of Baozun in the third quarter valued at approximately $64,000. BNP Paribas Financial Markets increased its stake in shares of Baozun by 51.8% in the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after purchasing an additional 10,594 shares during the period. Finally, Cetera Investment Advisers increased its stake in shares of Baozun by 23.6% in the first quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock valued at $91,000 after purchasing an additional 7,289 shares during the period. Institutional investors own 47.29% of the company’s stock.

Analysts Set New Price Targets

BZUN has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research note on Monday, April 20th. Zacks Research upgraded shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

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.