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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of the stock in a transaction on Monday, June 22nd. The stock was purchased at an average cost of $2.81 per share, with a total value of $28,100.00. Following the purchase, the chief executive officer directly owned 1,623,872 shares of the company’s stock, valued at approximately $4,563,080.32. This represents a 0.62% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Wednesday, June 17th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.83 per share, for a total transaction of $28,300.00.
• On Monday, June 15th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.79 per share, for a total transaction of $27,900.00.
• On Friday, June 12th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.72 per share, with a total value of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.64 per share, with a total value of $26,400.00.
• On Monday, June 8th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was purchased 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 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 shares were acquired at an average price 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, with a total value 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, with a total value of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.55 per share, with a total value of $25,500.00.

Baozun Price Performance

NASDAQ BZUN opened at $2.88 on Thursday. The firm has a market cap of $167.07 million, a P/E ratio of -6.39 and a beta of 0.51. The stock’s 50-day moving average is $2.72 and its 200-day 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 released its quarterly earnings data on Friday, May 15th. The technology company reported $0.00 earnings per share for the quarter. Baozun had a positive return on equity of 1.68% and a negative net margin of 1.80%.The business had revenue of $345.35 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC bought a new position in shares of Baozun during the second quarter worth about $40,000. Quadrature Capital Ltd acquired a new position in Baozun during the 4th quarter worth approximately $51,000. Russell Investments Group Ltd. acquired a new position in Baozun during the 3rd quarter worth approximately $64,000. BNP Paribas Financial Markets grew its stake in shares of Baozun by 51.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after acquiring an additional 10,594 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of Baozun by 23.6% during the 1st quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock worth $91,000 after acquiring an additional 7,289 shares in the last quarter. 47.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BZUN. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. One 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.com, Baozun presently has a consensus 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.