Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Acquires 10,000 Shares

Baozun Inc. (NASDAQ:BZUN - Get Free Report) CEO Wenbin Qiu acquired 10,000 shares of Baozun stock in a transaction that occurred on Friday, June 5th. The shares were purchased at an average cost of $2.65 per share, for a total transaction of $26,500.00. Following the purchase, the chief executive officer directly owned 1,523,872 shares in the company, valued at $4,038,260.80. The trade was a 0.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, June 8th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.77 per share, for a total transaction of $27,700.00.
• On Wednesday, June 3rd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average price of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average price of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average price of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The shares were bought at an average price of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu bought 11,000 shares of Baozun stock. The shares were bought at an average price of $2.71 per share, for a total transaction of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu bought 11,500 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, for a total transaction of $30,245.00.
• On Monday, April 13th, Wenbin Qiu bought 12,100 shares of Baozun stock. The shares were bought at an average price of $2.48 per share, for a total transaction of $30,008.00.

Baozun Stock Performance

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Shares of BZUN stock opened at $2.64 on Wednesday. The company has a market capitalization of $152.72 million, a P/E ratio of -5.87 and a beta of 0.51. The company's 50 day moving average price is $2.66 and its two-hundred day moving average price is $2.67. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.88.

Baozun (NASDAQ:BZUN - Get Free Report) last announced its earnings results on Friday, May 15th. The technology company reported $0.00 EPS for the quarter. The firm had revenue of $345.35 million for the quarter. Baozun had a negative net margin of 1.80% and a positive return on equity of 1.68%.

Institutional Trading of Baozun

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC acquired a new stake in shares of Baozun in the second quarter valued at approximately $40,000. Quadrature Capital Ltd acquired a new stake in shares of Baozun in the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. acquired a new stake in shares of Baozun in the third quarter valued at approximately $64,000. BNP Paribas Financial Markets raised its holdings 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 purchasing an additional 10,594 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Baozun by 23.6% in the first quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company's stock valued at $91,000 after purchasing an additional 7,289 shares during the last quarter. 47.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BZUN. Zacks Research upgraded shares of Baozun to a "hold" rating in a report on Wednesday, February 18th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Baozun in a report on Monday, April 20th. Finally, Wall Street Zen upgraded shares of Baozun from a "hold" rating to a "buy" rating in a report on Saturday, May 23rd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce".

Read Our Latest Research Report on BZUN

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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