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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were acquired at an average cost of $2.63 per share, for a total transaction of $26,300.00. Following the transaction, the chief executive officer directly owned 1,503,872 shares in the company, valued at approximately $3,955,183.36. This represents a 0.67% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website.

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

• On Monday, June 1st, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were acquired at an average cost of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were acquired at an average cost of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were acquired at an average cost of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The shares were acquired at an average cost of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The shares were acquired at an average cost of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu bought 11,000 shares of Baozun stock. The shares were acquired at an average cost of $2.71 per share, for a total transaction of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu bought 11,500 shares of Baozun stock. The shares were 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 shares were purchased 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 shares were purchased 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 shares were purchased at an average cost of $2.58 per share, for a total transaction of $30,057.00.

Baozun Stock Down 0.7%

BZUN opened at $2.65 on Friday. The business’s 50 day moving average is $2.64 and its two-hundred day moving average is $2.67. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.88. The firm has a market cap of $153.30 million, a price-to-earnings ratio of -5.89 and a beta of 0.51.

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

Analysts Set New Price Targets

BZUN has been the topic of a number of analyst reports. Wall Street Zen upgraded Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Zacks Research upgraded Baozun to a “hold” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research note on Monday, April 20th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Institutional Investors Weigh In On Baozun

Several institutional investors and hedge funds have recently added to or reduced their stakes in BZUN. Jane Street Group LLC acquired a new stake in Baozun during the second quarter worth about $40,000. Quadrature Capital Ltd acquired a new stake in Baozun during the fourth quarter worth about $51,000. Russell Investments Group Ltd. acquired a new stake in Baozun during the third quarter worth about $64,000. BNP Paribas Financial Markets increased its stake in Baozun by 51.8% during the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after acquiring an additional 10,594 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake 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 acquiring an additional 7,289 shares during the last quarter. 47.29% of the stock is currently owned by institutional investors and hedge funds.

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.