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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average cost of $2.55 per share, with a total value of $25,500.00. Following the purchase, the chief executive officer owned 1,443,872 shares of the company’s stock, valued at $3,681,873.60. This represents a 0.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The stock was bought at an average cost of $3.14 per share, with a total value of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The stock was bought at an average cost of $2.84 per share, with a total value of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The stock was bought at an average cost of $2.71 per share, with a total value of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu purchased 11,500 shares of Baozun stock. The stock was bought at an average cost of $2.63 per share, with a total value of $30,245.00.
• On Monday, April 13th, Wenbin Qiu bought 12,100 shares of Baozun stock. The stock was acquired at an average price of $2.48 per share, for a total transaction of $30,008.00.
• On Friday, April 10th, Wenbin Qiu bought 12,400 shares of Baozun stock. The stock was acquired at an average price of $2.43 per share, for a total transaction of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu bought 11,650 shares of Baozun stock. The stock was acquired at an average price of $2.58 per share, for a total transaction of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu bought 11,600 shares of Baozun stock. The stock was acquired at an average price of $2.58 per share, for a total transaction of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu bought 12,000 shares of Baozun stock. The stock was acquired at an average price of $2.51 per share, for a total transaction of $30,120.00.

Baozun Stock Down 2.3%

Baozun stock opened at $2.53 on Thursday. The stock has a market cap of $146.36 million, a PE ratio of -5.62 and a beta of 0.52. The business’s 50-day moving average price is $2.58 and its two-hundred day moving average price is $2.69. Baozun Inc. has a 12-month low of $2.07 and a 12-month high of $4.88.

Baozun (NASDAQ:BZUN) last released 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 for the quarter. Baozun had a positive return on equity of 1.68% and a negative net margin of 1.80%.

Hedge Funds Weigh In On Baozun

Several institutional investors have recently added to or reduced their stakes in BZUN. Northwestern Mutual Wealth Management Co. lifted its stake 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 during the period. Millennium Management LLC raised its position in shares of Baozun by 579.9% during the fourth 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 period. Schroder Investment Management Group raised its position in shares of Baozun by 4.9% during the fourth quarter. Schroder Investment Management Group now owns 2,414,558 shares of the technology company’s stock worth $6,423,000 after purchasing an additional 113,058 shares during the period. Bank of America Corp DE raised its position in shares of Baozun by 346.5% during the third quarter. Bank of America Corp DE now owns 125,165 shares of the technology company’s stock worth $507,000 after purchasing an additional 97,134 shares during the period. Finally, XTX Topco Ltd acquired a new position in shares of Baozun during the fourth quarter worth approximately $219,000. 47.29% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on BZUN. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. Wall Street Zen upgraded Baozun from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, Zacks Research upgraded Baozun to a “hold” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce”.

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.