Baozun (NASDAQ:BZUN) Stock: Insider Wenbin Qiu Acquires 5,700 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 5,700 shares of the company’s stock in a transaction that occurred on Wednesday, October 21st. The stock was bought at an average price of $3.50 per share, for a total transaction of $19,950.00. Following the acquisition, the chief executive officer directly owned 1,690,072 shares of the company’s stock, valued at $5,915,252. The trade was a 0.34% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Monday, October 12th, Wenbin Qiu bought 6,000 shares of Baozun stock. The stock was bought at an average cost of $3.34 per share, with a total value of $20,040.00.
• On Tuesday, October 13th, Wenbin Qiu acquired 5,800 shares of Baozun stock. The shares were purchased at an average price of $3.47 per share, with a total value of $20,126.00.
• On Monday, September 21st, Wenbin Qiu purchased 6,900 shares of Baozun stock. The shares were acquired at an average cost of $2.85 per share, with a total value of $19,665.00.
• On Friday, September 18th, Wenbin Qiu purchased 7,000 shares of Baozun stock. The stock was acquired at an average price of $2.88 per share, for a total transaction of $20,160.00.
• On Wednesday, September 16th, Wenbin Qiu bought 7,300 shares of Baozun stock. The stock was bought at an average cost of $2.74 per share, for a total transaction of $20,002.00.
• On Thursday, September 17th, Wenbin Qiu acquired 7,100 shares of Baozun stock. The stock was bought at an average cost 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 purchased at an average cost of $2.74 per share, for a total transaction of $20,002.00.

Baozun Stock Performance

BZUN opened at $3.56 on Friday. The firm’s fifty day moving average is $3.06 and its 200 day moving average is $2.85. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $3.92. The stock has a market cap of $206.87 million, a price-to-earnings ratio of -10.79 and a beta of 0.39.

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 positive return on equity of 2.55% and a negative net margin of 1.26%. The firm had revenue of $403.74 million during the quarter.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wall Street Zen upgraded shares of Baozun from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 10th. Citigroup reaffirmed a “buy” rating on shares of Baozun in a report on Thursday, August 27th. CLSA upgraded shares of Baozun from a “hold” rating to an “outperform” rating and boosted their price objective for the company from $3.20 to $3.80 in a research report on Friday, August 28th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research note on Thursday, October 15th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $3.80.

Hedge Funds Weigh In On Baozun

A hedge fund recently raised its position in Baozun stock. Dimensional Fund Advisors LP grew its stake in Baozun Inc. (NASDAQ:BZUN) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 593,669 shares of the technology company’s stock after acquiring an additional 18,067 shares during the quarter. Dimensional Fund Advisors LP owned about 1.03% of Baozun worth $1,418,000 at the end of the most recent quarter. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

Baozun Company Profile

Baozun Inc (NASDAQ: BZUN) is a China-based e-commerce services company that helps domestic and international brands establish, operate and grow their online businesses. The company provides an integrated suite of services covering digital storefront development, online sales operations, digital marketing, customer service, warehousing and logistics.

Baozun supports brands across major Chinese e-commerce platforms and other digital channels. Its services may be delivered through different operating models, including technology and service arrangements, distribution and online retail solutions.