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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of $2.79 per share, for a total transaction of $27,900.00. Following the purchase, the chief executive officer owned 1,583,872 shares of the company’s stock, valued at approximately $4,419,002.88. This represents a 0.64% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Friday, June 12th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.72 per share, with a total value of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.64 per share, for a total transaction of $26,400.00.
• On Monday, June 8th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.77 per share, for a total transaction of $27,700.00.
• On Friday, June 5th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.63 per share, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought 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 stock was bought at an average price 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 stock was bought at an average cost of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu acquired 16,000 shares of Baozun stock. The shares were bought at an average cost of $3.14 per share, with a total value of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The stock was bought at an average cost of $2.84 per share, with a total value of $49,700.00.

Baozun Stock Performance

Shares of Baozun stock opened at $2.73 on Wednesday. The firm has a market cap of $157.94 million, a PE ratio of -6.07 and a beta of 0.51. The firm’s 50-day simple moving average is $2.68 and its 200-day simple moving average is $2.66. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.88.

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

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On Baozun

Institutional investors have recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new position in Baozun during the 3rd quarter valued at about $64,000. Jane Street Group LLC acquired a new position in shares of Baozun during the second quarter worth approximately $40,000. Quadrature Capital Ltd bought a new position in Baozun in the 4th quarter worth approximately $51,000. Mackenzie Financial Corp acquired a new stake in Baozun in the 3rd quarter valued at approximately $102,000. Finally, BNP Paribas Financial Markets increased its position in 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 acquiring an additional 10,594 shares during the period. Institutional investors own 47.29% of the company’s stock.

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.