Insider Buying: Baozun (NASDAQ:BZUN) CEO Acquires $25,500.00 in Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price of $2.55 per share, for a total transaction of $25,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,443,872 shares of the company’s stock, valued at $3,681,873.60. The trade was a 0.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The shares were acquired 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 acquired 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 acquired 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 acquired at an average price of $2.63 per share, for a total transaction of $30,245.00.
• On Monday, April 13th, Wenbin Qiu purchased 12,100 shares of Baozun stock. The shares were acquired at an average price of $2.48 per share, for a total transaction of $30,008.00.
• On Friday, April 10th, Wenbin Qiu purchased 12,400 shares of Baozun stock. The shares were acquired at an average price of $2.43 per share, for a total transaction of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu purchased 11,650 shares of Baozun stock. The shares were acquired at an average price of $2.58 per share, for a total transaction of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu purchased 11,600 shares of Baozun stock. The shares were acquired at an average price of $2.58 per share, for a total transaction of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu purchased 12,000 shares of Baozun stock. The shares were acquired at an average price of $2.51 per share, for a total transaction of $30,120.00.

Baozun Trading Up 1.2%

BZUN opened at $2.59 on Friday. The firm has a market capitalization of $149.83 million, a PE ratio of -5.76 and a beta of 0.52. Baozun Inc. has a twelve month low of $2.07 and a twelve month high of $4.88. The firm’s 50-day moving average price is $2.59 and its 200 day moving average price is $2.68.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results on Friday, May 15th. The technology company reported $0.00 earnings per share for the quarter. The firm 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%.

Wall Street Analyst Weigh In

BZUN has been the topic of several recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. Zacks Research upgraded shares of Baozun to a “hold” rating in a report on Wednesday, February 18th. Finally, Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

Hedge Funds Weigh In On Baozun

Several institutional investors and hedge funds have recently bought and sold shares of BZUN. Northwestern Mutual Wealth Management Co. boosted its holdings in Baozun by 75,465,800.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock valued at $2,007,000 after purchasing an additional 754,658 shares during the last quarter. Millennium Management LLC boosted its holdings in Baozun by 579.9% in the 4th 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. Schroder Investment Management Group boosted its holdings in Baozun by 4.9% in the 4th quarter. Schroder Investment Management Group now owns 2,414,558 shares of the technology company’s stock valued at $6,423,000 after purchasing an additional 113,058 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Baozun by 346.5% in the 3rd quarter. Bank of America Corp DE now owns 125,165 shares of the technology company’s stock valued at $507,000 after acquiring an additional 97,134 shares during the period. Finally, XTX Topco Ltd purchased a new stake in shares of Baozun in the 4th quarter valued at approximately $219,000. 47.29% of the stock is currently owned by institutional investors and hedge funds.

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.