Baozun (NASDAQ:BZUN) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Baozun (NASDAQ:BZUN) from a buy rating to a strong-buy rating in a report released on Saturday morning.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a report on Friday, July 17th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Baozun Stock Up 0.8%

Shares of NASDAQ BZUN opened at $2.48 on Friday. Baozun has a twelve month low of $2.07 and a twelve month high of $4.88. The stock has a market cap of $144.11 million, a price-to-earnings ratio of -5.51 and a beta of 0.48. The company’s fifty day moving average is $2.67 and its 200-day moving average is $2.65.

Baozun (NASDAQ:BZUN) last posted its earnings results on Friday, May 15th. The technology company reported $0.00 earnings per share (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.

Insider Transactions at Baozun

In other news, CEO Wenbin Qiu bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were acquired at an average price of $2.72 per share, with a total value of $27,200.00. Following the transaction, the chief executive officer owned 1,573,872 shares in the company, valued at $4,280,931.84. This represents a 0.64% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Junhua Wu bought 29,000 shares of the business’s stock in a transaction on Wednesday, June 24th. The stock was purchased at an average price of $2.85 per share, for a total transaction of $82,650.00. Following the purchase, the insider directly owned 253,770 shares in the company, valued at approximately $723,244.50. This represents a 12.90% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 225,000 shares of company stock valued at $609,830. 59.20% of the stock is owned by corporate insiders.

Institutional Trading of Baozun

A number of institutional investors have recently made changes to their positions in BZUN. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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. Millennium Management LLC boosted its position in Baozun by 579.9% during the fourth quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock valued at $383,000 after purchasing an additional 122,865 shares during the last quarter. Schroder Investment Management Group grew its stake in Baozun by 4.9% in the fourth quarter. Schroder Investment Management Group now owns 2,414,558 shares of the technology company’s stock valued at $6,423,000 after purchasing an additional 113,058 shares in the last quarter. Bank of America Corp DE increased its position in shares of Baozun by 346.5% during the 3rd quarter. Bank of America Corp DE now owns 125,165 shares of the technology company’s stock worth $507,000 after purchasing an additional 97,134 shares during the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Baozun during the 4th quarter worth approximately $219,000. 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.