Baozun (NASDAQ:BZUN) CEO Purchases $20,160.00 in Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 7,000 shares of the business’s stock in a transaction on Friday, September 18th. The shares were acquired at an average cost of $2.88 per share, with a total value of $20,160.00. Following the purchase, the chief executive officer owned 1,659,872 shares of the company’s stock, valued at $4,780,431.36. The trade was a 0.42% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Monday, September 21st, Wenbin Qiu purchased 6,900 shares of Baozun stock. The stock was acquired at an average cost of $2.85 per share, for a total transaction of $19,665.00.
• On Wednesday, September 16th, Wenbin Qiu purchased 7,300 shares of Baozun stock. The stock was acquired at an average cost of $2.74 per share, for a total transaction of $20,002.00.
• On Thursday, September 17th, Wenbin Qiu purchased 7,100 shares of Baozun stock. The shares were acquired at an average price of $2.84 per share, with a total value of $20,164.00.
• On Monday, September 14th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The shares were acquired at an average cost of $2.74 per share, with a total value of $20,002.00.

Baozun Trading Down 2.0%

Shares of BZUN opened at $2.94 on Friday. The firm has a market cap of $170.84 million, a P/E ratio of -8.91 and a beta of 0.51. Baozun Inc. has a 12-month low of $2.07 and a 12-month high of $4.27. The company’s 50-day moving average price is $2.82 and its 200 day moving average price is $2.70.

Baozun (NASDAQ:BZUN) last issued its quarterly earnings data on Friday, August 14th. The technology company reported $0.19 EPS 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 for the quarter.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Citigroup restated a “buy” rating on shares of Baozun in a report on Thursday, August 27th. Wall Street Zen cut shares of Baozun from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research note on Friday, July 17th. Finally, CLSA raised shares of Baozun from a “hold” rating to an “outperform” rating and upped their target price for the stock from $3.20 to $3.80 in a research note on Friday, August 28th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.80.

Institutional Trading of Baozun

A number of institutional investors have recently bought and sold shares of the business. Cetera Investment Advisers boosted its stake in Baozun by 23.6% in the first quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock valued at $91,000 after acquiring an additional 7,289 shares in the last quarter. Dimensional Fund Advisors LP boosted 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 valued at $1,418,000 after purchasing an additional 18,067 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Baozun by 75,465,800.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock worth $2,007,000 after buying an additional 754,658 shares during the last quarter. 47.29% of the stock is owned by hedge funds and other institutional investors.

Baozun Company Profile

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.