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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were acquired at an average price of $2.64 per share, with a total value of $26,400.00. Following the transaction, the chief executive officer directly owned 1,553,872 shares of the company’s stock, valued at approximately $4,102,222.08. This trade represents a 0.65% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Monday, June 8th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.77 per share, with a total value of $27,700.00.
• On Friday, June 5th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.65 per share, with a total value of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.63 per share, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.73 per share, with a total value of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired 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 acquired at an average cost of $2.55 per share, with a total value of $25,500.00.
• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The shares were acquired at an average cost of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The shares were acquired at an average cost of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The shares were acquired at an average cost of $2.71 per share, for a total transaction of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu bought 11,500 shares of Baozun stock. The stock was purchased at an average cost of $2.63 per share, for a total transaction of $30,245.00.

Baozun Price Performance

NASDAQ BZUN opened at $2.59 on Thursday. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.88. The company has a market cap of $149.84 million, a price-to-earnings ratio of -5.76 and a beta of 0.51. The stock’s fifty day moving average price is $2.66 and its 200 day moving average price is $2.66.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results on Friday, May 15th. The technology company reported $0.00 EPS for the quarter. The company had revenue of $345.35 million for the quarter. Baozun had a negative net margin of 1.80% and a positive return on equity of 1.68%.

Analyst Upgrades and Downgrades

BZUN has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. Finally, Zacks Research raised shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. 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 currently has an average rating of “Reduce”.

Institutional Trading of Baozun

Several hedge funds have recently bought and sold shares of BZUN. Russell Investments Group Ltd. acquired a new position in shares of Baozun in the 3rd quarter worth approximately $64,000. Jane Street Group LLC acquired a new stake in Baozun in the second quarter valued at approximately $40,000. Quadrature Capital Ltd acquired a new stake in Baozun in the fourth quarter valued at approximately $51,000. Mackenzie Financial Corp acquired a new stake in shares of Baozun in the third quarter worth $102,000. Finally, BNP Paribas Financial Markets raised its stake in Baozun by 51.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after purchasing an additional 10,594 shares during the last quarter. 47.29% of the stock is currently owned by institutional investors.

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.