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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 10,000 shares of the stock in a transaction dated Monday, June 22nd. The shares were bought at an average cost of $2.81 per share, with a total value of $28,100.00. Following the transaction, the chief executive officer directly owned 1,623,872 shares of the company’s stock, valued at $4,563,080.32. This represents a 0.62% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Wednesday, June 17th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were bought at an average price of $2.83 per share, for a total transaction of $28,300.00.
• On Monday, June 15th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was bought at an average cost of $2.79 per share, for a total transaction of $27,900.00.
• On Friday, June 12th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was bought at an average cost of $2.72 per share, with a total value of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average price of $2.64 per share, with a total value of $26,400.00.
• On Monday, June 8th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.77 per share, for a total transaction of $27,700.00.
• On Friday, June 5th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu purchased 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 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 acquired 10,000 shares of Baozun stock. The shares were purchased at an average price of $2.56 per share, with a total value of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.55 per share, for a total transaction of $25,500.00.

Baozun Stock Performance

NASDAQ BZUN opened at $2.77 on Wednesday. The stock has a market capitalization of $160.96 million, a price-to-earnings ratio of -6.16 and a beta of 0.51. The stock’s 50 day moving average price is $2.71 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.

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

Institutional Trading of Baozun

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in Baozun in the second quarter valued at $40,000. Quadrature Capital Ltd acquired a new position in shares of Baozun during the 4th quarter worth about $51,000. Russell Investments Group Ltd. bought a new stake in shares of Baozun in the 3rd quarter valued at about $64,000. BNP Paribas Financial Markets raised its holdings 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 purchasing an additional 10,594 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Baozun by 23.6% in the 1st 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 last quarter. 47.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BZUN. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. Wall Street Zen raised Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Baozun currently has a consensus rating of “Reduce”.

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.