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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the stock in a transaction on Monday, June 22nd. The shares were acquired at an average cost of $2.81 per share, for a total transaction of $28,100.00. Following the transaction, the chief executive officer owned 1,623,872 shares of the company’s stock, valued at approximately $4,563,080.32. The trade was a 0.62% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Wednesday, June 17th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.83 per share, with a total value of $28,300.00.
• On Monday, June 15th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.79 per share, with a total value of $27,900.00.
• On Friday, June 12th, Wenbin Qiu bought 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 bought 10,000 shares of Baozun stock. The shares were acquired at an average cost 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 shares were acquired at an average cost 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 stock was 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 cost of $2.63 per share, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu acquired 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 acquired 10,000 shares of Baozun stock. The stock was bought 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 stock was bought at an average price of $2.55 per share, for a total transaction of $25,500.00.

Baozun Price Performance

Shares of BZUN opened at $2.77 on Wednesday. The firm has a market capitalization of $160.96 million, a PE ratio of -6.16 and a beta of 0.51. The company’s 50-day moving average is $2.71 and its 200-day moving average is $2.66. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88.

Baozun (NASDAQ:BZUN) last announced its earnings results on Friday, May 15th. The technology company reported $0.00 EPS for the quarter. The business had revenue of $345.35 million during 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

Institutional investors and hedge funds have recently modified their holdings of the business. Cetera Investment Advisers lifted its position in shares of Baozun by 23.6% during the 1st quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock valued at $91,000 after acquiring an additional 7,289 shares during the period. Qube Research & Technologies Ltd increased its position in shares of Baozun by 4.9% in the third quarter. Qube Research & Technologies Ltd now owns 156,254 shares of the technology company’s stock worth $633,000 after purchasing an additional 7,304 shares during the period. JPMorgan Chase & Co. increased its position in shares of Baozun by 6.0% in the second quarter. JPMorgan Chase & Co. now owns 171,051 shares of the technology company’s stock worth $428,000 after purchasing an additional 9,627 shares during the period. BNP Paribas Financial Markets raised its stake in Baozun by 51.8% in the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after purchasing an additional 10,594 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Baozun by 2.0% during the third quarter. Dimensional Fund Advisors LP now owns 603,016 shares of the technology company’s stock worth $2,442,000 after purchasing an additional 11,593 shares during the period. 47.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BZUN has been the subject of a number of research analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. Wall Street Zen upgraded Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

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.