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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 10,000 shares of Baozun stock in a transaction dated Wednesday, June 10th. The shares were acquired at an average price of $2.64 per share, with a total value of $26,400.00. Following the completion of the acquisition, the chief executive officer directly owned 1,553,872 shares of the company’s stock, valued at approximately $4,102,222.08. The trade was a 0.65% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, June 8th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.77 per share, with a total value of $27,700.00.
• On Friday, June 5th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.65 per share, with a total value of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.63 per share, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.73 per share, with a total value of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.56 per share, with a total value of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average price of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The shares were purchased at an average price 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 shares were purchased at an average price 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 purchased at an average price 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 purchased at an average price of $2.63 per share, for a total transaction of $30,245.00.

Baozun Stock Performance

Baozun stock opened at $2.70 on Friday. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88. The stock has a market cap of $156.20 million, a PE ratio of -6.00 and a beta of 0.51. The firm’s 50-day simple moving average is $2.67 and its 200 day simple moving average is $2.66.

Baozun (NASDAQ:BZUN) last released its quarterly earnings results 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

Hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its position in Baozun by 75,465,800.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock worth $2,007,000 after acquiring an additional 754,658 shares during the period. JPMorgan Chase & Co. raised its position in Baozun by 30.8% in the third quarter. JPMorgan Chase & Co. now owns 223,705 shares of the technology company’s stock worth $906,000 after acquiring an additional 52,654 shares during the period. GSA Capital Partners LLP raised its position in Baozun by 29.1% in the third quarter. GSA Capital Partners LLP now owns 205,673 shares of the technology company’s stock worth $833,000 after acquiring an additional 46,312 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Baozun by 3.9% in the second quarter. Arrowstreet Capital Limited Partnership now owns 388,479 shares of the technology company’s stock worth $971,000 after acquiring an additional 14,622 shares during the period. Finally, Marshall Wace LLP raised its position in Baozun by 28.5% in the fourth quarter. Marshall Wace LLP now owns 346,764 shares of the technology company’s stock worth $922,000 after acquiring an additional 76,928 shares during the period. Institutional investors own 47.29% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on BZUN shares. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Zacks Research raised shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. One investment 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.com, the stock currently has an average rating of “Reduce”.

Baozun Company Profile

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.