Wenbin Qiu Purchases 7,300 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 7,300 shares of the company’s stock in a transaction on Monday, September 14th. The shares were acquired at an average price of $2.74 per share, with a total value of $20,002.00. Following the completion of the acquisition, the chief executive officer directly owned 1,631,172 shares in the company, valued at $4,469,411.28. This represents a 0.45% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Monday, June 22nd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.81 per share, with a total value of $28,100.00.

Baozun Price Performance

Shares of NASDAQ BZUN opened at $2.78 on Friday. Baozun Inc. has a 12-month low of $2.07 and a 12-month high of $4.55. The company has a market capitalization of $161.55 million, a PE ratio of -8.42 and a beta of 0.51. The firm’s 50-day moving average is $2.80 and its two-hundred day moving average is $2.68.

Baozun (NASDAQ:BZUN) last issued its quarterly earnings data on Friday, August 14th. The technology company reported $0.19 earnings per share for the quarter. Baozun had a negative net margin of 1.26% and a positive return on equity of 2.55%. The business had revenue of $403.74 million during the quarter.

Analyst Upgrades and Downgrades

A number of analysts recently commented on BZUN shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research note on Friday, July 17th. Wall Street Zen downgraded Baozun from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. CLSA upgraded shares of Baozun from a “hold” rating to an “outperform” rating and increased their price objective for the stock from $3.20 to $3.80 in a report on Friday, August 28th. Finally, Citigroup reaffirmed a “buy” rating on shares of Baozun in a research report on Thursday, August 27th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $3.80.

Hedge Funds Weigh In On Baozun

Hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers lifted its holdings in Baozun by 23.6% in 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 period. Dimensional Fund Advisors LP increased its stake in Baozun by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock valued at $1,418,000 after buying an additional 18,067 shares during the period. Nano Cap New Millennium Growth Fund L P bought a new stake in shares of Baozun during the 4th quarter worth about $133,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Baozun by 75,465,800.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock worth $2,007,000 after buying an additional 754,658 shares in the last quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Baozun Company Profile

Baozun Inc (NASDAQ: BZUN) is a China-based brand e-commerce and digital commerce services company. Founded in 2007 and headquartered in Shanghai, the company helps brands establish, operate and grow their online and omnichannel businesses, primarily in China and selected international markets.

Baozun’s services include e-commerce technology, online store design and operation, digital marketing, customer service, data analytics, warehousing and logistics. Its technology and service platform supports brands across major online marketplaces, social commerce channels and direct-to-consumer websites, helping them manage product listings, orders, payments, fulfillment and customer engagement.

The company has historically worked with international and domestic brands in categories such as apparel, consumer products, electronics and beauty.