Junhua Wu Buys 13,900 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) insider Junhua Wu purchased 13,900 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were bought at an average cost of $2.73 per share, with a total value of $37,947.00. Following the transaction, the insider directly owned 281,170 shares of the company’s stock, valued at $767,594.10. This represents a 5.20% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

Junhua Wu also recently made the following trade(s):

• On Wednesday, September 2nd, Junhua Wu purchased 13,500 shares of Baozun stock. The stock was bought at an average cost of $2.85 per share, with a total value of $38,475.00.
• On Wednesday, June 24th, Junhua Wu acquired 29,000 shares of Baozun stock. The shares were bought at an average cost of $2.85 per share, for a total transaction of $82,650.00.

Baozun Trading Up 2.5%

Baozun stock opened at $2.85 on Friday. The stock has a market cap of $165.61 million, a PE ratio of -8.64 and a beta of 0.51. The stock has a 50-day moving average price of $2.80 and a 200 day moving average price of $2.68. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.55.

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

Hedge Funds Weigh In On Baozun

A number of large investors have recently bought and sold shares of BZUN. Cetera Investment Advisers grew its stake in shares of Baozun by 23.6% during the 1st quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock valued at $91,000 after buying an additional 7,289 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Baozun by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock worth $1,418,000 after buying an additional 18,067 shares during the period. Nano Cap New Millennium Growth Fund L P acquired a new position in Baozun in the fourth quarter valued at $133,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Baozun by 75,465,800.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock valued at $2,007,000 after acquiring an additional 754,658 shares during the last quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on BZUN. Citigroup reaffirmed a “buy” rating on shares of Baozun in a research note on Thursday, August 27th. Wall Street Zen cut Baozun from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. CLSA raised Baozun from a “hold” rating to an “outperform” rating and lifted their price objective for the company from $3.20 to $3.80 in a research report on Friday, August 28th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research note on Friday, July 17th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $3.80.

About Baozun

Baozun Inc (NASDAQ: BZUN) is a China-based brand e-commerce and digital commerce services company. Founded in 2007 and headquartered in Shanghai, the company helps brands establish, operate and grow their online and omnichannel businesses, primarily in China and selected international markets.

Baozun’s services include e-commerce technology, online store design and operation, digital marketing, customer service, data analytics, warehousing and logistics. Its technology and service platform supports brands across major online marketplaces, social commerce channels and direct-to-consumer websites, helping them manage product listings, orders, payments, fulfillment and customer engagement.

The company has historically worked with international and domestic brands in categories such as apparel, consumer products, electronics and beauty.