Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Purchases 7,100 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 7,100 shares of the firm’s stock in a transaction dated Thursday, September 17th. The shares were purchased at an average cost of $2.84 per share, for a total transaction of $20,164.00. Following the purchase, the chief executive officer directly owned 1,652,872 shares in the company, valued at approximately $4,694,156.48. This represents a 0.43% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, September 16th, Wenbin Qiu purchased 7,300 shares of Baozun stock. The stock was purchased at an average price of $2.74 per share, for a total transaction of $20,002.00.
• On Monday, September 14th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The shares were purchased at an average cost of $2.74 per share, with a total value of $20,002.00.
• On Monday, June 22nd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average price of $2.81 per share, for a total transaction of $28,100.00.

Baozun Stock Performance

Baozun stock opened at $2.85 on Friday. The firm has a market capitalization of $165.61 million, a price-to-earnings ratio of -8.64 and a beta of 0.51. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.55. The stock’s fifty day moving average is $2.80 and its two-hundred day moving average is $2.68.

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

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Baozun

Hedge funds have recently modified their holdings of the company. Cetera Investment Advisers grew its holdings in shares of Baozun by 23.6% during the first quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock worth $91,000 after buying an additional 7,289 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Baozun by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock worth $1,418,000 after acquiring an additional 18,067 shares during the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in Baozun in the 4th quarter worth approximately $133,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Baozun by 75,465,800.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock valued at $2,007,000 after acquiring an additional 754,658 shares during the last quarter. 47.29% of the stock is owned by institutional investors and hedge funds.

Baozun Company Profile

Baozun Inc (NASDAQ: BZUN) is a China-based brand e-commerce and digital commerce services company. Founded in 2007 and headquartered in Shanghai, the company helps brands establish, operate and grow their online and omnichannel businesses, primarily in China and selected international markets.

Baozun’s services include e-commerce technology, online store design and operation, digital marketing, customer service, data analytics, warehousing and logistics. Its technology and service platform supports brands across major online marketplaces, social commerce channels and direct-to-consumer websites, helping them manage product listings, orders, payments, fulfillment and customer engagement.

The company has historically worked with international and domestic brands in categories such as apparel, consumer products, electronics and beauty.