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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average cost of $2.79 per share, with a total value of $27,900.00. Following the acquisition, the chief executive officer owned 1,583,872 shares in the company, valued at $4,419,002.88. The trade was a 0.64% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Friday, June 12th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.72 per share, for a total transaction of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.64 per share, for a total transaction of $26,400.00.
• On Monday, June 8th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.77 per share, for a total transaction of $27,700.00.
• On Friday, June 5th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was 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 bought 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 bought 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 shares were bought at an average cost of $2.84 per share, for a total transaction of $49,700.00.

Baozun Stock Performance

Shares of NASDAQ:BZUN opened at $2.74 on Thursday. The firm has a market cap of $158.51 million, a PE ratio of -6.09 and a beta of 0.51. The firm’s 50 day simple moving average is $2.69 and its 200-day simple moving average is $2.66. Baozun Inc. has a one year low of $2.07 and a one year high of $4.88.

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

Analyst Ratings Changes

A number of research firms have recently issued reports on BZUN. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research note on Monday, April 20th. Zacks Research upgraded shares of Baozun to a “hold” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Institutional Investors Weigh In On Baozun

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in Baozun during the second quarter valued at about $40,000. Quadrature Capital Ltd acquired a new stake in Baozun in the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. acquired a new stake in Baozun in the third quarter valued at approximately $64,000. BNP Paribas Financial Markets boosted its stake in Baozun by 51.8% in the second 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, Cetera Investment Advisers boosted its stake in 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 acquiring an additional 7,289 shares in the last quarter. Institutional investors own 47.29% of the company’s stock.

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.