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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was acquired at an average cost of $2.79 per share, with a total value of $27,900.00. Following the purchase, the chief executive officer owned 1,583,872 shares of the company’s stock, valued at approximately $4,419,002.88. This represents a 0.64% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, June 12th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were bought at an average price of $2.72 per share, for a total transaction of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was bought at an average cost of $2.64 per share, with a total value of $26,400.00.
• On Monday, June 8th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was bought at an average price of $2.77 per share, with a total value of $27,700.00.
• On Friday, June 5th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average cost of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average cost 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 bought at an average price of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was bought at an average cost of $2.56 per share, with a total value 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, with a total value of $25,500.00.
• On Friday, April 17th, Wenbin Qiu acquired 16,000 shares of Baozun stock. The shares were bought at an average price 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 purchased at an average cost of $2.84 per share, for a total transaction of $49,700.00.

Baozun Stock Performance

BZUN opened at $2.73 on Wednesday. The stock’s fifty day moving average is $2.68 and its 200-day moving average is $2.66. Baozun Inc. has a one year low of $2.07 and a one year high of $4.88. The company has a market capitalization of $157.94 million, a PE ratio of -6.07 and a beta of 0.51.

Baozun (NASDAQ:BZUN) last issued its quarterly earnings results on Friday, May 15th. The technology company reported $0.00 earnings per share for the quarter. The company 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 Investors Weigh In On Baozun

A number of institutional investors have recently modified their holdings of BZUN. Cetera Investment Advisers increased its stake in shares of 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 acquiring an additional 7,289 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Baozun by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock valued at $1,418,000 after purchasing an additional 18,067 shares during the last quarter. XTX Topco Ltd purchased a new position in Baozun in the fourth quarter valued at about $219,000. Quadrature Capital Ltd purchased a new position in Baozun in the fourth quarter valued at about $51,000. Finally, Millennium Management LLC increased its position in Baozun by 579.9% in the 4th quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock worth $383,000 after purchasing an additional 122,865 shares during the last quarter. Institutional investors and hedge funds own 47.29% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on BZUN. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research note on Monday, April 20th. Zacks Research upgraded Baozun to a “hold” rating in a research report on Wednesday, February 18th. Finally, Wall Street Zen raised Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Baozun presently has an average 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.