Insider Buying: Baozun (NASDAQ:BZUN) CEO Acquires 10,000 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were purchased at an average cost of $2.56 per share, with a total value of $25,600.00. Following the completion of the purchase, the chief executive officer owned 1,463,872 shares in the company, valued at $3,747,512.32. This trade represents a 0.69% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

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

• On Tuesday, May 26th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.55 per share, with a total value of $25,500.00.
• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The shares were purchased at an average cost of $3.14 per share, with a total value of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The shares were purchased at an average cost of $2.84 per share, with a total value of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The shares were purchased at an average cost of $2.71 per share, with a total value of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu purchased 11,500 shares of Baozun stock. The shares were purchased at an average cost of $2.63 per share, with a total value of $30,245.00.
• On Monday, April 13th, Wenbin Qiu purchased 12,100 shares of Baozun stock. The shares were purchased at an average cost of $2.48 per share, with a total value of $30,008.00.
• On Friday, April 10th, Wenbin Qiu purchased 12,400 shares of Baozun stock. The shares were purchased at an average cost of $2.43 per share, with a total value of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu purchased 11,650 shares of Baozun stock. The shares were purchased at an average cost of $2.58 per share, with a total value of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu purchased 11,600 shares of Baozun stock. The shares were purchased at an average cost of $2.58 per share, with a total value of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu purchased 12,000 shares of Baozun stock. The shares were purchased at an average cost of $2.51 per share, with a total value of $30,120.00.

Baozun Stock Performance

BZUN stock opened at $2.59 on Monday. Baozun Inc. has a 12 month low of $2.07 and a 12 month high of $4.88. The company has a 50-day moving average price of $2.59 and a 200 day moving average price of $2.68. The stock has a market cap of $149.83 million, a PE ratio of -5.76 and a beta of 0.51.

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

Institutional Investors Weigh In On Baozun

Several large investors have recently modified their holdings of BZUN. Jane Street Group LLC bought a new stake in shares of Baozun in the 2nd quarter valued at about $40,000. Quadrature Capital Ltd bought a new stake in shares of Baozun in the 4th quarter valued at 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 in the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of 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 in the last quarter. Institutional investors own 47.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Zacks Research raised shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. Finally, Wall Street Zen raised shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

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.