Baozun Inc. (NASDAQ:BZUN - Get Free Report) insider Junhua Wu purchased 30,000 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were purchased at an average price of $2.47 per share, for a total transaction of $74,100.00. Following the completion of the acquisition, the insider directly owned 91,428 shares in the company, valued at $225,827.16. The trade was a 48.84% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Junhua Wu also recently made the following trade(s):
- On Tuesday, March 31st, Junhua Wu purchased 14,000 shares of Baozun stock. The shares were purchased at an average price of $2.40 per share, for a total transaction of $33,600.00.
Baozun Price Performance
Shares of BZUN stock opened at $2.54 on Tuesday. The company has a market capitalization of $146.94 million, a P/E ratio of -4.38 and a beta of 0.40. The company's 50-day simple moving average is $2.51 and its two-hundred day simple moving average is $2.93. Baozun Inc. has a one year low of $2.07 and a one year high of $4.88.
Hedge Funds Weigh In On Baozun
Hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in Baozun in the 2nd quarter worth about $40,000. Quadrature Capital Ltd bought a new position in shares of Baozun during the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. bought a new position in shares of Baozun during the third quarter valued at approximately $64,000. BNP Paribas Financial Markets boosted its stake in shares of Baozun by 51.8% during the second 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 in the last quarter. Finally, Mackenzie Financial Corp bought a new position in shares of Baozun during the third quarter valued at approximately $102,000. 47.29% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on BZUN shares. Weiss Ratings restated a "sell (d-)" rating on shares of Baozun in a research note on Wednesday, January 21st. Zacks Research upgraded shares of Baozun to a "hold" rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce".
Check Out Our Latest Stock Analysis on Baozun
About Baozun
(
Get Free Report)
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.
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