Baozun (NASDAQ:BZUN) CEO Buys 5,800 Shares of Company Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 5,800 shares of the stock in a transaction dated Tuesday, October 13th. The shares were acquired at an average cost of $3.47 per share, for a total transaction of $20,126.00. Following the completion of the acquisition, the chief executive officer owned 1,678,572 shares of the company’s stock, valued at approximately $5,824,644.84. This represents a 0.35% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Monday, September 21st, Wenbin Qiu acquired 6,900 shares of Baozun stock. The stock was acquired at an average price of $2.85 per share, with a total value of $19,665.00.
• On Friday, September 18th, Wenbin Qiu acquired 7,000 shares of Baozun stock. The stock was acquired at an average price of $2.88 per share, with a total value of $20,160.00.
• On Wednesday, September 16th, Wenbin Qiu bought 7,300 shares of Baozun stock. The stock was acquired at an average cost of $2.74 per share, with a total value of $20,002.00.
• On Thursday, September 17th, Wenbin Qiu bought 7,100 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, for a total transaction of $20,164.00.
• On Monday, September 14th, Wenbin Qiu purchased 7,300 shares of Baozun stock. The shares were bought at an average cost of $2.74 per share, for a total transaction of $20,002.00.

Baozun Stock Up 2.1%

Shares of NASDAQ BZUN opened at $3.47 on Wednesday. The firm’s 50-day moving average price is $2.95 and its 200-day moving average price is $2.78. The company has a market cap of $201.64 million, a PE ratio of -10.52 and a beta of 0.39. Baozun Inc. has a 52-week low of $2.07 and a 52-week high of $3.82.

Baozun (NASDAQ:BZUN) last released 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 firm had revenue of $403.74 million during the quarter.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Baozun

A hedge fund recently raised its stake in Baozun stock. Cetera Investment Advisers lifted its holdings in Baozun Inc. (NASDAQ:BZUN) by 23.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 38,238 shares of the technology company’s stock after purchasing an additional 7,289 shares during the period. Cetera Investment Advisers owned about 0.07% of Baozun worth $91,000 at the end of the most recent reporting period. 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 e-commerce service and brand management company. Founded in 2006 and headquartered in Shanghai, the company helps brands establish, operate and grow their online businesses, primarily in China and other selected international markets.

Baozun provides a range of services across the e-commerce value chain, including online store design and operation, digital marketing, customer service, information technology, warehousing and logistics. Its technology and service offerings support sales through major third-party marketplaces, social-commerce platforms and brands’ own online channels.

The company works with domestic and international consumer brands in categories such as apparel, beauty, consumer electronics and food and beverage.