Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Buys 10,000 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were purchased at an average cost of $2.63 per share, with a total value of $26,300.00. Following the acquisition, the chief executive officer owned 1,503,872 shares in the company, valued at $3,955,183.36. This trade represents a 0.67% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Monday, June 1st, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.73 per share, with a total value of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.56 per share, with a total value of $25,600.00.
• 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 acquired 11,000 shares of Baozun stock. The shares were bought at an average price of $2.71 per share, with a total value of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu acquired 11,500 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, with a total value of $30,245.00.
• On Monday, April 13th, Wenbin Qiu acquired 12,100 shares of Baozun stock. The shares were bought at an average price of $2.48 per share, with a total value of $30,008.00.
• On Friday, April 10th, Wenbin Qiu acquired 12,400 shares of Baozun stock. The shares were bought at an average price of $2.43 per share, with a total value of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu acquired 11,650 shares of Baozun stock. The shares were bought at an average price of $2.58 per share, with a total value of $30,057.00.

Baozun Price Performance

BZUN stock opened at $2.65 on Friday. The company has a 50 day simple moving average of $2.64 and a 200 day simple moving average of $2.67. The stock has a market cap of $153.30 million, a price-to-earnings ratio of -5.89 and a beta of 0.51. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.88.

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 business 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%.

Hedge Funds Weigh In On Baozun

Large investors have recently modified their holdings of the business. Russell Investments Group Ltd. bought a new position in shares of Baozun during the third quarter valued at $64,000. Jane Street Group LLC acquired a new stake in shares of Baozun during the second quarter worth $40,000. Quadrature Capital Ltd acquired a new stake in shares of Baozun during the fourth quarter worth $51,000. Mackenzie Financial Corp acquired a new stake in shares of Baozun during the third quarter worth $102,000. Finally, BNP Paribas Financial Markets increased its position 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 worth $78,000 after buying an additional 10,594 shares during the period. Institutional investors own 47.29% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on BZUN shares. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Zacks Research raised shares of Baozun to a “hold” rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research note on Monday, April 20th. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average 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.