Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Purchases 10,000 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 10,000 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were bought at an average cost of $2.77 per share, for a total transaction of $27,700.00. Following the acquisition, the chief executive officer owned 1,533,872 shares of the company’s stock, valued at $4,248,825.44. This represents a 0.66% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Friday, June 5th, Wenbin Qiu purchased 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 purchased 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The stock was acquired 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 acquired 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 acquired 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 acquired 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 acquired at an average cost of $2.48 per share, for a total transaction of $30,008.00.

Baozun Price Performance

Shares of NASDAQ BZUN opened at $2.64 on Wednesday. Baozun Inc. has a 12-month low of $2.07 and a 12-month high of $4.88. The company has a market capitalization of $152.72 million, a PE ratio of -5.87 and a beta of 0.51. The firm’s 50-day moving average is $2.66 and its two-hundred day moving average is $2.67.

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

Hedge Funds Weigh In On Baozun

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers increased its position in Baozun by 23.6% during the first quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock worth $91,000 after purchasing an additional 7,289 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Baozun by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock worth $1,418,000 after purchasing an additional 18,067 shares during the last quarter. XTX Topco Ltd acquired a new position in Baozun during the fourth quarter worth approximately $219,000. Quadrature Capital Ltd acquired a new position in Baozun during the fourth quarter worth approximately $51,000. Finally, Millennium Management LLC increased 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 worth $383,000 after purchasing an additional 122,865 shares during the last quarter. Institutional investors and hedge funds own 47.29% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on BZUN shares. Wall Street Zen raised shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Zacks Research raised shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research 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’s stock. According to MarketBeat.com, the company has an average rating of “Reduce”.

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.