Baozun (NASDAQ:BZUN) CEO Acquires $50,240.00 in Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 16,000 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were acquired at an average cost of $3.14 per share, for a total transaction of $50,240.00. Following the acquisition, the chief executive officer owned 1,433,872 shares of the company’s stock, valued at approximately $4,502,358.08. The trade was a 1.13% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The shares were acquired at an average cost of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The shares were acquired at an average cost of $2.71 per share, for a total transaction of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu purchased 11,500 shares of Baozun stock. The shares were acquired at an average cost of $2.63 per share, for a total transaction of $30,245.00.
• On Monday, April 13th, Wenbin Qiu purchased 12,100 shares of Baozun stock. The shares were acquired at an average cost of $2.48 per share, for a total transaction of $30,008.00.
• On Friday, April 10th, Wenbin Qiu purchased 12,400 shares of Baozun stock. The shares were acquired at an average cost of $2.43 per share, for a total transaction of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu purchased 11,650 shares of Baozun stock. The shares were acquired at an average cost of $2.58 per share, for a total transaction of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu purchased 11,600 shares of Baozun stock. The shares were acquired at an average cost of $2.58 per share, for a total transaction of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu purchased 12,000 shares of Baozun stock. The shares were acquired at an average cost of $2.51 per share, for a total transaction of $30,120.00.

Baozun Trading Down 0.3%

BZUN opened at $3.13 on Tuesday. The business’s 50 day moving average is $2.51 and its 200-day moving average is $2.83. The stock has a market cap of $181.07 million, a PE ratio of -5.40 and a beta of 0.40. Baozun Inc. has a twelve month low of $2.07 and a twelve month high of $4.88.

Hedge Funds Weigh In On Baozun

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in Baozun during the 2nd quarter worth approximately $40,000. Quadrature Capital Ltd purchased a new position in Baozun during the 4th quarter worth approximately $51,000. Russell Investments Group Ltd. purchased a new position in shares of Baozun during the 3rd quarter valued at $64,000. BNP Paribas Financial Markets grew its holdings in shares of Baozun by 51.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after acquiring an additional 10,594 shares in the last quarter. Finally, Mackenzie Financial Corp purchased a new position in shares of Baozun during the 3rd quarter valued at $102,000. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on BZUN. Zacks Research upgraded shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce”.

About Baozun

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.