Wenbin Qiu Acquires 10,000 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 10,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were purchased at an average cost of $2.55 per share, for a total transaction of $25,500.00. Following the completion of the transaction, the chief executive officer owned 1,443,872 shares in the company, valued at approximately $3,681,873.60. This represents a 0.70% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The stock was bought at an average cost of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The stock was bought at an average cost of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The stock was bought at an average cost of $2.71 per share, for a total transaction of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu purchased 11,500 shares of Baozun stock. The stock was bought at an average cost of $2.63 per share, for a total transaction of $30,245.00.
• On Monday, April 13th, Wenbin Qiu purchased 12,100 shares of Baozun stock. The stock was bought at an average cost of $2.48 per share, for a total transaction of $30,008.00.
• On Friday, April 10th, Wenbin Qiu purchased 12,400 shares of Baozun stock. The stock was bought at an average cost of $2.43 per share, for a total transaction of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu purchased 11,650 shares of Baozun stock. The stock was bought at an average cost of $2.58 per share, for a total transaction of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu purchased 11,600 shares of Baozun stock. The stock was bought at an average cost of $2.58 per share, for a total transaction of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu purchased 12,000 shares of Baozun stock. The stock was bought at an average cost of $2.51 per share, for a total transaction of $30,120.00.

Baozun Stock Up 1.2%

Shares of BZUN opened at $2.59 on Friday. The business’s 50 day moving average price is $2.59 and its 200-day moving average price is $2.68. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.88. The stock has a market cap of $149.83 million, a P/E ratio of -5.76 and a beta of 0.52.

Baozun (NASDAQ:BZUN) last issued 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 firm had revenue of $345.35 million for the quarter.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Baozun

Hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised 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 valued at $2,007,000 after buying an additional 754,658 shares during the last quarter. Millennium Management LLC raised its stake in Baozun by 579.9% during the 4th quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock valued at $383,000 after buying an additional 122,865 shares during the last quarter. Schroder Investment Management Group raised its stake in Baozun by 4.9% during the 4th quarter. Schroder Investment Management Group now owns 2,414,558 shares of the technology company’s stock valued at $6,423,000 after buying an additional 113,058 shares during the last quarter. Bank of America Corp DE raised its stake in Baozun by 346.5% during the 3rd quarter. Bank of America Corp DE now owns 125,165 shares of the technology company’s stock valued at $507,000 after buying an additional 97,134 shares during the last quarter. Finally, XTX Topco Ltd purchased a new stake in Baozun during the 4th quarter valued at $219,000. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

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.