Baozun (NASDAQ:BZUN) Insider Junhua Wu Purchases 29,000 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) insider Junhua Wu purchased 29,000 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were acquired at an average cost of $2.85 per share, with a total value of $82,650.00. Following the acquisition, the insider directly owned 253,770 shares in the company, valued at approximately $723,244.50. The trade was a 12.90% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Junhua Wu also recently made the following trade(s):

• On Wednesday, June 17th, Junhua Wu acquired 18,500 shares of Baozun stock. The stock was bought at an average price of $2.84 per share, for a total transaction of $52,540.00.
• On Thursday, June 11th, Junhua Wu bought 18,000 shares of Baozun stock. The shares were bought at an average price of $2.69 per share, with a total value of $48,420.00.
• On Monday, June 1st, Junhua Wu purchased 20,000 shares of Baozun stock. The stock was bought at an average price of $2.70 per share, for a total transaction of $54,000.00.
• On Thursday, May 28th, Junhua Wu purchased 19,500 shares of Baozun stock. The stock was bought at an average cost of $2.56 per share, for a total transaction of $49,920.00.
• On Tuesday, May 26th, Junhua Wu acquired 10,000 shares of Baozun stock. The shares were purchased at an average price of $2.55 per share, with a total value of $25,500.00.
• On Monday, April 13th, Junhua Wu bought 11,084 shares of Baozun stock. The stock was purchased at an average cost of $2.49 per share, for a total transaction of $27,599.16.
• On Friday, April 10th, Junhua Wu purchased 5,372 shares of Baozun stock. The shares were purchased at an average cost of $2.40 per share, with a total value of $12,892.80.
• On Wednesday, April 8th, Junhua Wu purchased 30,886 shares of Baozun stock. The stock was purchased at an average price of $2.54 per share, with a total value of $78,450.44.
• On Thursday, April 2nd, Junhua Wu acquired 30,000 shares of Baozun stock. The shares were purchased at an average price of $2.47 per share, for a total transaction of $74,100.00.
• On Tuesday, March 31st, Junhua Wu acquired 14,000 shares of Baozun stock. The shares were purchased at an average price of $2.40 per share, for a total transaction of $33,600.00.

Baozun Stock Performance

BZUN opened at $2.77 on Friday. The stock has a fifty day moving average of $2.72 and a 200-day moving average of $2.66. The company has a market capitalization of $160.96 million, a P/E ratio of -6.16 and a beta of 0.51. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88.

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

Institutional Trading of Baozun

Hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Baozun by 75,465,800.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock worth $2,007,000 after acquiring an additional 754,658 shares during the period. Millennium Management LLC increased its position 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 purchasing an additional 122,865 shares during the period. Schroder Investment Management Group raised its holdings 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 worth $6,423,000 after purchasing an additional 113,058 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Baozun by 346.5% in 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 period. Finally, XTX Topco Ltd acquired a new position in shares of Baozun in the 4th quarter worth approximately $219,000. 47.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

BZUN has been the topic of several recent analyst reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus 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.