Baozun (NASDAQ:BZUN) CEO Acquires $28,300.00 in Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were purchased at an average price of $2.83 per share, for a total transaction of $28,300.00. Following the completion of the acquisition, the chief executive officer owned 1,603,872 shares of the company’s stock, valued at $4,538,957.76. The trade was a 0.63% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, June 22nd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.81 per share, with a total value of $28,100.00.
• On Monday, June 15th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.79 per share, with a total value of $27,900.00.
• On Friday, June 12th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.72 per share, for a total transaction of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.64 per share, for a total transaction of $26,400.00.
• On Monday, June 8th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.77 per share, for a total transaction of $27,700.00.
• 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, with a total value 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, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were acquired at an average cost of $2.73 per share, with a total value of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.55 per share, for a total transaction of $25,500.00.

Baozun Trading Up 3.8%

BZUN stock opened at $2.88 on Thursday. The stock has a market cap of $167.07 million, a P/E ratio of -6.39 and a beta of 0.51. The stock’s fifty day simple moving average is $2.72 and its two-hundred day simple moving average is $2.66. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $4.88.

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

Hedge Funds Weigh In On Baozun

Several hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in Baozun in the 2nd quarter worth approximately $40,000. Quadrature Capital Ltd purchased a new position in shares of Baozun during the 4th quarter valued at $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 increased its holdings in shares of Baozun by 51.8% in the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after purchasing an additional 10,594 shares during the period. Finally, Cetera Investment Advisers increased 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 worth $91,000 after purchasing an additional 7,289 shares during the period. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on BZUN. Wall Street Zen raised shares of Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. One equities research 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 presently 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.