Baozun (NASDAQ:BZUN) Upgraded by Wall Street Zen to Strong-Buy Rating

Baozun (NASDAQ:BZUN) was upgraded by investment analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

Baozun Stock Performance

BZUN stock opened at $2.48 on Friday. Baozun has a one year low of $2.07 and a one year high of $4.88. The firm has a market cap of $144.11 million, a price-to-earnings ratio of -5.51 and a beta of 0.48. The firm has a 50-day simple moving average of $2.67 and a two-hundred day simple moving average of $2.65.

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

Insider Activity

In related news, CEO Wenbin Qiu acquired 10,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was acquired at an average price of $2.72 per share, with a total value of $27,200.00. Following the acquisition, the chief executive officer directly owned 1,573,872 shares in the company, valued at $4,280,931.84. This represents a 0.64% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Junhua Wu purchased 29,000 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was bought at an average cost of $2.85 per share, with a total value of $82,650.00. Following the completion of the acquisition, the insider directly owned 253,770 shares of the company’s stock, valued at $723,244.50. This trade represents a 12.90% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders bought 225,000 shares of company stock valued at $609,830. Insiders own 59.20% of the company’s stock.

Hedge Funds Weigh In On Baozun

A number of large investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new position in Baozun during the second quarter worth approximately $40,000. Quadrature Capital Ltd purchased a new stake in shares of Baozun in the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. purchased a new stake in shares of Baozun in the third quarter valued at approximately $64,000. BNP Paribas Financial Markets increased its position in shares of Baozun by 51.8% in the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after buying an additional 10,594 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Baozun by 23.6% during the 1st 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 during the period. Institutional investors and hedge funds own 47.29% of the company’s stock.

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.