Key Points
- Baozun CEO Wenbin Qiu bought 7,300 shares at an average price of $2.74, investing $20,002 and increasing his ownership to 1,645,772 shares. He has made several additional purchases recently.
- Baozun shares opened at $2.85, with a 52-week range of $2.07 to $4.55 and a market capitalization of approximately $165.6 million. The company recently reported quarterly revenue of $403.74 million and earnings of $0.19 per share.
- Analyst sentiment is mixed, with a consensus rating of “Hold” 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 acquired 7,300 shares of the company's stock in a transaction that occurred on Wednesday, September 16th. The stock was bought at an average cost of $2.74 per share, with a total value of $20,002.00. Following the purchase, the chief executive officer owned 1,645,772 shares in the company, valued at $4,509,415.28. The trade was a 0.45% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
Wenbin Qiu also recently made the following trade(s):
- On Thursday, September 17th, Wenbin Qiu bought 7,100 shares of Baozun stock. The stock was bought at an average price of $2.84 per share, for a total transaction of $20,164.00.
- On Monday, September 14th, Wenbin Qiu bought 7,300 shares of Baozun stock. The shares were bought at an average cost of $2.74 per share, for a total transaction of $20,002.00.
- On Monday, June 22nd, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought at an average price of $2.81 per share, with a total value of $28,100.00.
Baozun Stock Performance
Shares of NASDAQ:BZUN opened at $2.85 on Friday. Baozun Inc. has a 52-week low of $2.07 and a 52-week high of $4.55. The company has a market capitalization of $165.61 million, a PE ratio of -8.64 and a beta of 0.51. The company has a fifty day moving average of $2.80 and a 200-day moving average of $2.68.
Baozun (NASDAQ:BZUN - Get Free Report) last released its quarterly earnings data on Friday, August 14th. The technology company reported $0.19 earnings per share for the quarter. The company had revenue of $403.74 million for the quarter. Baozun had a positive return on equity of 2.55% and a negative net margin of 1.26%.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on BZUN shares. Citigroup restated a "buy" rating on shares of Baozun in a report on Thursday, August 27th. Wall Street Zen downgraded shares of Baozun from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. CLSA raised shares of Baozun from a "hold" rating to an "outperform" rating and boosted their target price for the stock from $3.20 to $3.80 in a report on Friday, August 28th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Baozun in a research report on Friday, July 17th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Baozun has a consensus rating of "Hold" and an average price target of $3.80.
Get Our Latest Research Report on BZUN
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers boosted its position 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 valued at $91,000 after purchasing an additional 7,289 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Baozun by 3.1% in the first quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company's stock valued at $1,418,000 after buying an additional 18,067 shares during the period. Nano Cap New Millennium Growth Fund L P acquired a new position in Baozun in the fourth quarter valued at approximately $133,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Baozun by 75,465,800.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company's stock valued at $2,007,000 after buying an additional 754,658 shares during the period. 47.29% of the stock is owned by institutional investors and hedge funds.
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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