Baozun (NASDAQ:BZUN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Baozun (NASDAQ:BZUN) from a buy rating to a strong-buy rating in a research note released on Saturday morning.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce”.

Baozun Trading Up 13.7%

BZUN opened at $2.82 on Friday. The company has a market cap of $163.87 million, a P/E ratio of -6.27 and a beta of 0.48. The business’s 50-day moving average price is $2.68 and its 200-day moving average price is $2.65. Baozun has a 12 month low of $2.07 and a 12 month high of $4.88.

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

Insider Transactions at Baozun

In other news, insider Junhua Wu acquired 29,000 shares of the stock in a transaction dated Wednesday, June 24th. The stock was purchased at an average cost of $2.85 per share, with a total value of $82,650.00. Following the completion of the purchase, the insider owned 253,770 shares in the company, valued at approximately $723,244.50. The trade was a 12.90% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Wenbin Qiu acquired 10,000 shares of the stock in a transaction dated Friday, June 12th. The shares were purchased at an average cost of $2.72 per share, with a total value of $27,200.00. Following the completion of the purchase, the chief executive officer owned 1,573,872 shares of the company’s stock, valued at approximately $4,280,931.84. The trade was a 0.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 225,000 shares of company stock worth $609,830 in the last 90 days. Corporate insiders own 59.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in Baozun in the 2nd quarter worth approximately $40,000. Quadrature Capital Ltd bought a new position in shares of Baozun during the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. purchased a new stake in Baozun in the third quarter worth $64,000. BNP Paribas Financial Markets lifted its stake in Baozun by 51.8% in the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after acquiring an additional 10,594 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in 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 acquiring an additional 7,289 shares in the last quarter. Institutional investors own 47.29% of the company’s stock.

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.