Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Purchases 5,700 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 5,700 shares of the business’s stock in a transaction dated Wednesday, October 21st. The shares were purchased at an average price of $3.50 per share, for a total transaction of $19,950.00. Following the acquisition, the chief executive officer directly owned 1,690,072 shares of the company’s stock, valued at $5,915,252. This trade represents a 0.34% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Monday, October 12th, Wenbin Qiu acquired 6,000 shares of Baozun stock. The shares were bought at an average cost of $3.34 per share, for a total transaction of $20,040.00.
• On Tuesday, October 13th, Wenbin Qiu acquired 5,800 shares of Baozun stock. The shares were purchased at an average cost of $3.47 per share, with a total value of $20,126.00.
• On Monday, September 21st, Wenbin Qiu purchased 6,900 shares of Baozun stock. The stock was acquired at an average cost of $2.85 per share, for a total transaction of $19,665.00.
• On Friday, September 18th, Wenbin Qiu acquired 7,000 shares of Baozun stock. The shares were bought at an average cost of $2.88 per share, with a total value of $20,160.00.
• On Wednesday, September 16th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The shares were purchased at an average cost of $2.74 per share, for a total transaction of $20,002.00.
• On Thursday, September 17th, Wenbin Qiu acquired 7,100 shares of Baozun stock. The stock was acquired at an average price of $2.84 per share, with a total value of $20,164.00.
• On Monday, September 14th, Wenbin Qiu bought 7,300 shares of Baozun stock. The shares were purchased at an average price of $2.74 per share, with a total value of $20,002.00.

Baozun Stock Down 3.0%

Shares of NASDAQ:BZUN opened at $3.51 on Friday. The firm has a market cap of $203.97 million, a P/E ratio of -10.64 and a beta of 0.39. The company’s 50-day moving average price is $3.05 and its two-hundred day moving average price is $2.84. Baozun Inc. has a 12 month low of $2.07 and a 12 month high of $3.92.

Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Friday, August 14th. The technology company reported $0.19 EPS for the quarter. The firm had revenue of $403.74 million during the quarter. Baozun had a positive return on equity of 2.55% and a negative net margin of 1.26%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research note on Thursday, October 15th. Wall Street Zen raised shares of Baozun from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 10th. Citigroup reiterated a “buy” rating on shares of Baozun in a research note on Thursday, August 27th. Finally, CLSA upgraded shares of Baozun from a “hold” rating to an “outperform” rating and raised their price objective for the stock from $3.20 to $3.80 in a research report on Friday, August 28th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $3.80.

Institutional Investors Weigh In On Baozun

An institutional investor recently raised its stake in Baozun stock. Dimensional Fund Advisors LP increased its stake in Baozun Inc. (NASDAQ:BZUN) by 3.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 593,669 shares of the technology company’s stock after acquiring an additional 18,067 shares during the quarter. Dimensional Fund Advisors LP owned about 1.03% of Baozun worth $1,418,000 at the end of the most recent reporting period. Institutional investors own 47.29% of the company’s stock.

Baozun Company Profile

Baozun Inc (NASDAQ: BZUN) is a China-based e-commerce service and brand management company. Founded in 2006 and headquartered in Shanghai, the company helps brands establish, operate and grow their online businesses, primarily in China and other selected international markets.

Baozun provides a range of services across the e-commerce value chain, including online store design and operation, digital marketing, customer service, information technology, warehousing and logistics. Its technology and service offerings support sales through major third-party marketplaces, social-commerce platforms and brands’ own online channels.

The company works with domestic and international consumer brands in categories such as apparel, beauty, consumer electronics and food and beverage.