Key Points
- CEO Wenbin Qiu bought 6,900 Baozun shares at an average price of $2.85, investing $19,665 and increasing his direct ownership to 1.67 million shares. This follows four other purchases in September totaling 28,700 shares.
- Baozun shares opened at $2.99, with a market capitalization of approximately $173.8 million and a 12-month trading range of $2.07 to $4.36. The company 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 a $3.80 price target; ratings include two Buys, one Hold and one Sell. Institutional investors own 47.29% of the stock.
Baozun Inc. (NASDAQ:BZUN - Get Free Report) CEO Wenbin Qiu acquired 6,900 shares of the stock in a transaction dated Monday, September 21st. The shares were bought at an average cost of $2.85 per share, with a total value of $19,665.00. Following the completion of the purchase, the chief executive officer directly owned 1,666,772 shares in the company, valued at approximately $4,750,300.20. This trade represents a 0.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Wenbin Qiu also recently made the following trade(s):
- On Friday, September 18th, Wenbin Qiu acquired 7,000 shares of Baozun stock. The shares were purchased at an average price of $2.88 per share, with a total value of $20,160.00.
- On Wednesday, September 16th, Wenbin Qiu bought 7,300 shares of Baozun stock. The stock was purchased at an average cost of $2.74 per share, for a total transaction of $20,002.00.
- On Thursday, September 17th, Wenbin Qiu bought 7,100 shares of Baozun stock. The stock was purchased at an average price of $2.84 per share, for a total transaction of $20,164.00.
- On Monday, September 14th, Wenbin Qiu purchased 7,300 shares of Baozun stock. The shares were purchased at an average cost of $2.74 per share, with a total value of $20,002.00.
Baozun Price Performance
Shares of NASDAQ:BZUN opened at $2.99 on Wednesday. The business has a 50-day moving average of $2.80 and a two-hundred day moving average of $2.69. The firm has a market capitalization of $173.75 million, a PE ratio of -9.06 and a beta of 0.51. Baozun Inc. has a 12 month low of $2.07 and a 12 month high of $4.36.
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 business 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%.
Institutional Trading of Baozun
Several large investors have recently modified their holdings of the business. Cetera Investment Advisers increased 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. Dimensional Fund Advisors LP boosted its holdings 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 purchasing an additional 18,067 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Baozun by 75,465,800.0% during 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 purchasing an additional 754,658 shares in the last quarter. 47.29% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
BZUN has been the topic of several research reports. Wall Street Zen lowered Baozun from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Baozun in a report on Friday, July 17th. Citigroup reissued a "buy" rating on shares of Baozun in a research report on Thursday, August 27th. Finally, CLSA upgraded Baozun from a "hold" rating to an "outperform" rating and upped their price target for the stock from $3.20 to $3.80 in a report on Friday, August 28th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $3.80.
Check Out Our Latest Report on Baozun
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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