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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of Baozun stock in a transaction on Wednesday, June 17th. The stock was bought at an average cost of $2.83 per share, for a total transaction of $28,300.00. Following the transaction, the chief executive officer directly owned 1,603,872 shares in the company, valued at $4,538,957.76. This represents a 0.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Monday, June 15th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were bought at an average cost of $2.79 per share, with a total value of $27,900.00.
• On Friday, June 12th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average price of $2.72 per share, for a total transaction of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.64 per share, for a total transaction of $26,400.00.
• 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 shares were 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 shares were 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 purchased at an average price of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.55 per share, with a total value of $25,500.00.
• On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The shares were purchased at an average price of $3.14 per share, with a total value of $50,240.00.

Baozun Price Performance

NASDAQ:BZUN opened at $2.77 on Wednesday. The firm has a market capitalization of $160.96 million, a PE ratio of -6.16 and a beta of 0.51. The business’s fifty day moving average price is $2.71 and its 200 day moving average price is $2.66. Baozun Inc. has a 12 month low of $2.07 and a 12 month high of $4.88.

Baozun (NASDAQ:BZUN) last posted 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 hedge funds have recently made changes to their positions in BZUN. Cetera Investment Advisers grew its position 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 acquiring an additional 7,289 shares during the last quarter. Qube Research & Technologies Ltd raised its position in Baozun by 4.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 156,254 shares of the technology company’s stock valued at $633,000 after purchasing an additional 7,304 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Baozun by 6.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 171,051 shares of the technology company’s stock worth $428,000 after purchasing an additional 9,627 shares during the period. BNP Paribas Financial Markets boosted 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 worth $78,000 after purchasing an additional 10,594 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Baozun by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 603,016 shares of the technology company’s stock worth $2,442,000 after purchasing an additional 11,593 shares during the last quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Analysts Set New Price Targets

BZUN has been the subject of several recent analyst reports. Wall Street Zen upgraded Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce”.

About Baozun

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.