Baozun (NASDAQ:BZUN) Insider Junhua Wu Purchases 13,500 Shares

Baozun Inc. (NASDAQ:BZUN) insider Junhua Wu bought 13,500 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were acquired at an average price of $2.85 per share, for a total transaction of $38,475.00. Following the completion of the transaction, the insider directly owned 267,270 shares in the company, valued at approximately $761,719.50. This represents a 5.32% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Wednesday, June 24th, Junhua Wu purchased 29,000 shares of Baozun stock. The stock was bought at an average price of $2.85 per share, with a total value of $82,650.00.
• On Wednesday, June 17th, Junhua Wu acquired 18,500 shares of Baozun stock. The shares were bought at an average cost of $2.84 per share, for a total transaction of $52,540.00.
• On Thursday, June 11th, Junhua Wu acquired 18,000 shares of Baozun stock. The shares were bought at an average price of $2.69 per share, for a total transaction of $48,420.00.

Baozun Stock Performance

Shares of Baozun stock opened at $2.87 on Friday. The stock has a market cap of $166.78 million, a price-to-earnings ratio of -8.70 and a beta of 0.51. The stock has a 50 day moving average price of $2.81 and a 200-day moving average price of $2.67. Baozun Inc. has a one year low of $2.07 and a one year high of $4.88.

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

Analyst Ratings Changes

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its holdings in 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 valued at $2,007,000 after buying an additional 754,658 shares in the last quarter. Millennium Management LLC raised its stake in shares of Baozun by 579.9% during the 4th quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock worth $383,000 after buying an additional 122,865 shares during the period. Schroder Investment Management Group raised its stake in shares of 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 buying an additional 113,058 shares during the period. Bank of America Corp DE lifted its position in shares of Baozun by 346.5% during the 3rd quarter. Bank of America Corp DE now owns 125,165 shares of the technology company’s stock valued at $507,000 after buying an additional 97,134 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Baozun in the 4th quarter valued at $219,000. 47.29% of the stock is currently owned by institutional investors and hedge funds.

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.