Wenbin Qiu Purchases 10,000 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of Baozun stock in a transaction dated Monday, June 8th. The stock was acquired at an average cost of $2.77 per share, for a total transaction of $27,700.00. Following the purchase, the chief executive officer directly owned 1,533,872 shares in the company, valued at approximately $4,248,825.44. The trade was a 0.66% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• On Friday, June 5th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired 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 stock was acquired 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 stock was acquired 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 stock was acquired 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 stock was acquired at an average cost of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The stock was acquired at an average cost of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu acquired 11,000 shares of Baozun stock. The shares were purchased at an average cost of $2.71 per share, for a total transaction of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu acquired 11,500 shares of Baozun stock. The shares were purchased at an average cost of $2.63 per share, for a total transaction of $30,245.00.
• On Monday, April 13th, Wenbin Qiu acquired 12,100 shares of Baozun stock. The shares were purchased at an average cost of $2.48 per share, for a total transaction of $30,008.00.

Baozun Price Performance

Baozun stock opened at $2.59 on Thursday. The company’s 50 day simple moving average is $2.66 and its 200 day simple moving average is $2.66. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88. The firm has a market capitalization of $149.84 million, a price-to-earnings ratio of -5.76 and a beta of 0.51.

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

Institutional Trading of Baozun

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers raised its holdings in shares of Baozun by 23.6% in the first 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 during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of 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. XTX Topco Ltd acquired a new stake in shares of Baozun in the fourth quarter valued at approximately $219,000. Quadrature Capital Ltd acquired a new stake in shares of Baozun in the fourth quarter valued at approximately $51,000. Finally, Millennium Management LLC raised its holdings in shares of Baozun by 579.9% in the fourth quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock valued at $383,000 after purchasing an additional 122,865 shares during the last quarter. 47.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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