Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Acquires 10,000 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The shares were purchased at an average cost of $2.65 per share, for a total transaction of $26,500.00. Following the acquisition, the chief executive officer owned 1,523,872 shares of the company’s stock, valued at $4,038,260.80. This represents a 0.66% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Monday, June 8th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.77 per share, for a total transaction of $27,700.00.
• On Wednesday, June 3rd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The shares were purchased at an average cost of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The stock was bought 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 stock was bought 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 stock was bought 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 stock was bought at an average cost of $2.48 per share, for a total transaction of $30,008.00.

Baozun Stock Performance

NASDAQ BZUN opened at $2.68 on Tuesday. The stock has a market capitalization of $155.04 million, a P/E ratio of -5.96 and a beta of 0.51. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.88. The business’s fifty day moving average is $2.65 and its two-hundred day moving average is $2.67.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results on Friday, May 15th. The technology company reported $0.00 earnings per share (EPS) for the quarter. Baozun had a positive return on equity of 1.68% and a negative net margin of 1.80%.The company had revenue of $345.35 million for the quarter.

Hedge Funds Weigh In On Baozun

Several institutional investors and hedge funds have recently made changes to their positions in the company. Schroder Investment Management Group grew its holdings in shares of Baozun by 4.9% in the 4th quarter. Schroder Investment Management Group now owns 2,414,558 shares of the technology company’s stock valued at $6,423,000 after buying an additional 113,058 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 buying an additional 754,658 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Baozun by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 603,016 shares of the technology company’s stock valued at $2,442,000 after buying an additional 11,593 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Baozun by 21.1% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 470,256 shares of the technology company’s stock valued at $1,905,000 after buying an additional 81,777 shares during the period. Finally, Marshall Wace LLP grew its holdings in shares of Baozun by 28.5% in the 4th quarter. Marshall Wace LLP now owns 346,764 shares of the technology company’s stock valued at $922,000 after buying an additional 76,928 shares during the period. Institutional investors and hedge funds own 47.29% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on BZUN shares. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Finally, Zacks Research upgraded shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Baozun currently 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.