Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Acquires 6,000 Shares of Company Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 6,000 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The stock was acquired at an average price of $3.34 per share, for a total transaction of $20,040.00. Following the completion of the purchase, the chief executive officer owned 1,672,772 shares of the company’s stock, valued at approximately $5,587,058.48. This represents a 0.36% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, October 13th, Wenbin Qiu acquired 5,800 shares of Baozun stock. The shares were acquired at an average cost of $3.47 per share, for a total transaction of $20,126.00.
• On Monday, September 21st, Wenbin Qiu acquired 6,900 shares of Baozun stock. The shares were acquired at an average cost of $2.85 per share, for a total transaction 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 acquired 7,300 shares of Baozun stock. The stock was acquired at an average price 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 stock was acquired at an average cost of $2.84 per share, with a total value of $20,164.00.
• On Monday, September 14th, 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.

Baozun Stock Performance

Shares of NASDAQ BZUN opened at $3.35 on Thursday. The firm has a market capitalization of $194.67 million, a P/E ratio of -10.15 and a beta of 0.39. Baozun Inc. has a one year low of $2.07 and a one year high of $3.82. The company’s fifty day moving average is $2.96 and its two-hundred day moving average is $2.79.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results 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 for the quarter.

Hedge Funds Weigh In On Baozun

An institutional investor recently raised its position in Baozun stock. Cetera Investment Advisers raised its stake in Baozun Inc. (NASDAQ:BZUN) by 23.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,238 shares of the technology company’s stock after acquiring an additional 7,289 shares during the quarter. Cetera Investment Advisers owned approximately 0.07% of Baozun worth $91,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Citigroup reissued a “buy” rating on shares of Baozun in a report on Thursday, August 27th. Wall Street Zen upgraded shares of Baozun from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a report on Friday, July 17th. Finally, CLSA upgraded shares of Baozun from a “hold” rating to an “outperform” rating and lifted their price target for the company from $3.20 to $3.80 in a research report on Friday, August 28th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $3.80.

About Baozun

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.