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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 10,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The shares were bought at an average price of $2.64 per share, for a total transaction of $26,400.00. Following the transaction, the chief executive officer owned 1,553,872 shares of the company’s stock, valued at $4,102,222.08. This trade represents a 0.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, June 8th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.77 per share, for a total transaction of $27,700.00.
• On Friday, June 5th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were acquired at an average price 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 shares were acquired at an average price 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 shares were acquired at an average price of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were purchased at an average price of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were purchased at an average price 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 purchased at an average price of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu acquired 17,500 shares of Baozun stock. The shares were purchased at an average price 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 price 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 price of $2.63 per share, for a total transaction of $30,245.00.

Baozun Stock Performance

Shares of NASDAQ BZUN opened at $2.75 on Friday. The company has a market cap of $159.09 million, a P/E ratio of -6.11 and a beta of 0.51. The firm’s fifty day moving average is $2.68 and its two-hundred day moving average is $2.66. Baozun Inc. has a 52-week low of $2.07 and a 52-week high of $4.88.

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

Institutional Investors Weigh In On Baozun

A number of hedge funds and other institutional investors have recently bought and sold shares of BZUN. JPMorgan Chase & Co. lifted its position in Baozun by 6.0% during the second quarter. JPMorgan Chase & Co. now owns 171,051 shares of the technology company’s stock valued at $428,000 after acquiring an additional 9,627 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Baozun by 3.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 388,479 shares of the technology company’s stock valued at $971,000 after acquiring an additional 14,622 shares during the last quarter. Jump Financial LLC purchased a new stake in Baozun during the second quarter valued at approximately $174,000. Qube Research & Technologies Ltd lifted its position in Baozun by 109.6% during the second quarter. Qube Research & Technologies Ltd now owns 148,950 shares of the technology company’s stock valued at $372,000 after acquiring an additional 77,891 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in Baozun during the second quarter valued at approximately $40,000. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on BZUN. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. Wall Street Zen raised shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Finally, Zacks Research raised shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently 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.