Key Points
- Baozun CEO Wenbin Qiu purchased 7,300 shares at an average price of $2.74, investing $20,002 and increasing his direct ownership to 1,631,172 shares.
- Baozun reported quarterly revenue of $403.74 million and earnings of $0.19 per share, while the stock traded near $2.76 with a market capitalization of approximately $160 million.
- Analyst sentiment is mixed, with an overall “Hold” rating and an average price target of $3.80; institutional investors own 47.29% of the company.
Baozun Inc. (NASDAQ:BZUN - Get Free Report) CEO Wenbin Qiu bought 7,300 shares of the company's stock in a transaction that occurred on Monday, September 14th. The stock was purchased at an average price of $2.74 per share, for a total transaction of $20,002.00. Following the acquisition, the chief executive officer directly owned 1,631,172 shares in the company, valued at approximately $4,469,411.28. This trade represents a 0.45% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Wenbin Qiu also recently made the following trade(s):
- On Monday, June 22nd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.81 per share, with a total value of $28,100.00.
Baozun Price Performance
BZUN stock opened at $2.76 on Thursday. Baozun Inc. has a 52-week low of $2.07 and a 52-week high of $4.67. The company has a 50-day moving average of $2.80 and a two-hundred day moving average of $2.68. The stock has a market capitalization of $160.38 million, a price-to-earnings ratio of -8.36 and a beta of 0.51.
Baozun (NASDAQ:BZUN - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The technology company reported $0.19 EPS for the quarter. Baozun had a positive return on equity of 2.55% and a negative net margin of 1.26%.The business had revenue of $403.74 million for the quarter.
Institutional Investors Weigh In On Baozun
Hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers grew its position in 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 buying an additional 7,289 shares in the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new position in Baozun in the 4th quarter valued at approximately $133,000. Dimensional Fund Advisors LP raised its holdings in Baozun by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company's stock valued at $1,418,000 after acquiring an additional 18,067 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Baozun by 75,465,800.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company's stock valued at $2,007,000 after acquiring an additional 754,658 shares in the last quarter. Institutional investors own 47.29% of the company's stock.
Analysts Set New Price Targets
Several brokerages have commented on BZUN. Citigroup reaffirmed a "buy" rating on shares of Baozun in a research report on Thursday, August 27th. CLSA raised Baozun from a "hold" rating to an "outperform" rating and increased their price objective for the company from $3.20 to $3.80 in a research report on Friday, August 28th. Weiss Ratings restated a "sell (d-)" rating on shares of Baozun in a research note on Friday, July 17th. Finally, Wall Street Zen lowered shares of Baozun from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $3.80.
Get Our Latest Analysis on BZUN
About Baozun
(
Get Free Report)
Baozun Inc (NASDAQ: BZUN) is a China-based brand e-commerce and digital commerce services company. Founded in 2007 and headquartered in Shanghai, the company helps brands establish, operate and grow their online and omnichannel businesses, primarily in China and selected international markets.
Baozun's services include e-commerce technology, online store design and operation, digital marketing, customer service, data analytics, warehousing and logistics. Its technology and service platform supports brands across major online marketplaces, social commerce channels and direct-to-consumer websites, helping them manage product listings, orders, payments, fulfillment and customer engagement.
The company has historically worked with international and domestic brands in categories such as apparel, consumer products, electronics and beauty.
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