Junhua Wu Acquires 13,500 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) insider Junhua Wu acquired 13,500 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average cost of $2.85 per share, with a total value of $38,475.00. Following the acquisition, the insider directly owned 267,270 shares of the company’s stock, valued at $761,719.50. This represents a 5.32% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, June 24th, Junhua Wu bought 29,000 shares of Baozun stock. The stock was bought at an average cost of $2.85 per share, for a total transaction of $82,650.00.
• On Wednesday, June 17th, Junhua Wu bought 18,500 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, with a total value of $52,540.00.
• On Thursday, June 11th, Junhua Wu purchased 18,000 shares of Baozun stock. The stock was bought at an average cost of $2.69 per share, for a total transaction of $48,420.00.

Baozun Stock Performance

Baozun stock opened at $2.87 on Friday. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88. The stock has a market cap of $166.78 million, a P/E ratio of -8.70 and a beta of 0.51. The firm’s fifty day moving average price is $2.81 and its 200-day moving average price is $2.67.

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

Hedge Funds Weigh In On Baozun

Several hedge funds and other institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. purchased a new stake in shares of Baozun during the third quarter worth about $64,000. Jane Street Group LLC purchased a new stake in Baozun in the 2nd quarter worth approximately $40,000. Quadrature Capital Ltd bought a new stake in shares of Baozun in the 4th quarter worth approximately $51,000. Mackenzie Financial Corp bought a new position in shares of Baozun during the third quarter valued at approximately $102,000. Finally, 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. 47.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

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.