Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Buys 12,000 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 12,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was purchased at an average price of $2.51 per share, with a total value of $30,120.00. Following the transaction, the chief executive officer directly owned 1,330,122 shares in the company, valued at $3,338,606.22. The trade was a 0.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, April 8th, Wenbin Qiu bought 11,600 shares of Baozun stock. The stock was purchased at an average price of $2.58 per share, with a total value of $29,928.00.

Baozun Price Performance

NASDAQ:BZUN opened at $2.54 on Thursday. The business has a 50 day moving average of $2.50 and a 200 day moving average of $2.92. The company has a market capitalization of $146.94 million, a price-to-earnings ratio of -4.38 and a beta of 0.40. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $4.88.

Wall Street Analyst Weigh In

A number of equities analysts have commented on BZUN shares. Zacks Research raised Baozun to a “hold” rating in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research note on Wednesday, January 21st. One 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.com, the stock has a consensus rating of “Reduce”.

Hedge Funds Weigh In On Baozun

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in shares of Baozun during the second quarter valued at 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. bought a new position in shares of Baozun during the third quarter valued at approximately $64,000. BNP Paribas Financial Markets raised its holdings in shares of Baozun by 51.8% during the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after acquiring an additional 10,594 shares in the last quarter. Finally, Mackenzie Financial Corp bought a new position in shares of Baozun during the third quarter valued at approximately $102,000. Institutional investors own 47.29% of the company’s stock.

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.