Key Points
- CEO Wenbin Qiu purchased 5,700 Baozun shares at an average price of $3.50, spending $19,950. Following the transaction, he directly owned 1,690,072 shares.
- Qiu has made several additional purchases since mid-September, indicating continued insider buying; his recent acquisitions total more than 46,000 shares.
- Baozun shares opened at $3.56, up 1.4%, with a market capitalization of about $206.9 million. Analyst sentiment is mixed, with an average “Hold” rating and a $3.80 price target.
Baozun Inc. (NASDAQ:BZUN - Get Free Report) CEO Wenbin Qiu bought 5,700 shares of Baozun stock in a transaction on Wednesday, October 21st. The shares were acquired at an average cost of $3.50 per share, for a total transaction of $19,950.00. Following the completion of the acquisition, the chief executive officer directly owned 1,690,072 shares in the company, valued at approximately $5,915,252. The trade was a 0.34% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Wenbin Qiu also recently made the following trade(s):
- On Monday, October 12th, Wenbin Qiu purchased 6,000 shares of Baozun stock. The stock was acquired at an average price of $3.34 per share, with a total value of $20,040.00.
- On Tuesday, October 13th, Wenbin Qiu purchased 5,800 shares of Baozun stock. The stock was acquired at an average price of $3.47 per share, with a total value of $20,126.00.
- On Monday, September 21st, Wenbin Qiu purchased 6,900 shares of Baozun stock. The shares were acquired at an average cost of $2.85 per share, with a total value of $19,665.00.
- On Friday, September 18th, Wenbin Qiu purchased 7,000 shares of Baozun stock. The shares were acquired at an average cost of $2.88 per share, with a total value of $20,160.00.
- On Wednesday, September 16th, Wenbin Qiu purchased 7,300 shares of Baozun stock. The shares were acquired at an average price of $2.74 per share, for a total transaction of $20,002.00.
- On Thursday, September 17th, Wenbin Qiu purchased 7,100 shares of Baozun stock. The shares were acquired at an average price of $2.84 per share, for a total transaction of $20,164.00.
- On Monday, September 14th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The stock was acquired at an average cost of $2.74 per share, for a total transaction of $20,002.00.
Baozun Stock Up 1.4%
Shares of Baozun stock opened at $3.56 on Friday. The stock has a market cap of $206.87 million, a price-to-earnings ratio of -10.79 and a beta of 0.39. Baozun Inc. has a twelve month low of $2.07 and a twelve month high of $3.92. The company's fifty day moving average is $3.06 and its 200 day moving average is $2.85.
Baozun (NASDAQ:BZUN - Get Free Report) last announced its earnings results on Friday, August 14th. The technology company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $403.74 million during the quarter. Baozun had a positive return on equity of 2.55% and a negative net margin of 1.26%.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Baozun from a "buy" rating to a "strong-buy" rating in a research note on Saturday, October 10th. Weiss Ratings restated a "sell (d-)" rating on shares of Baozun in a research report on Thursday, October 15th. Citigroup reaffirmed a "buy" rating on shares of Baozun in a research note on Thursday, August 27th. Finally, CLSA upgraded Baozun from a "hold" rating to an "outperform" rating and upped their target price for the company 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 assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $3.80.
Read Our Latest Stock Report on Baozun
Institutional Trading of Baozun
A hedge fund recently raised its position in Baozun stock. Dimensional Fund Advisors LP lifted its holdings in Baozun Inc. (NASDAQ:BZUN - Free Report) by 3.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 593,669 shares of the technology company's stock after acquiring an additional 18,067 shares during the period. Dimensional Fund Advisors LP owned approximately 1.03% of Baozun worth $1,418,000 as of its most recent filing with the Securities and Exchange Commission. 47.29% of the stock is owned by hedge funds and other institutional investors.
Baozun Company Profile
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Get Free Report)
Baozun Inc (NASDAQ: BZUN) is a China-based e-commerce services company that helps domestic and international brands establish, operate and grow their online businesses. The company provides an integrated suite of services covering digital storefront development, online sales operations, digital marketing, customer service, warehousing and logistics.
Baozun supports brands across major Chinese e-commerce platforms and other digital channels. Its services may be delivered through different operating models, including technology and service arrangements, distribution and online retail solutions.
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