Baozun Inc. (NASDAQ:BZUN – Get Free Report) insider Junhua Wu purchased 13,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were acquired at an average cost of $2.85 per share, for a total transaction of $38,475.00. Following the completion of the transaction, the insider directly owned 267,270 shares of the company’s stock, valued at $761,719.50. This trade represents a 5.32% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.
Junhua Wu also recently made the following trade(s):
- On Wednesday, June 24th, Junhua Wu acquired 29,000 shares of Baozun stock. The stock was acquired at an average cost of $2.85 per share, with a total value of $82,650.00.
- On Wednesday, June 17th, Junhua Wu bought 18,500 shares of Baozun stock. The shares were acquired at an average cost of $2.84 per share, for a total transaction of $52,540.00.
- On Thursday, June 11th, Junhua Wu bought 18,000 shares of Baozun stock. The stock was acquired at an average price of $2.69 per share, for a total transaction of $48,420.00.
Baozun Price Performance
Shares of BZUN opened at $2.79 on Friday. The business’s 50-day moving average is $2.80 and its 200-day moving average is $2.67. The company has a market capitalization of $162.13 million, a price-to-earnings ratio of -8.45 and a beta of 0.51. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88.
Analyst Ratings Changes
A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research note on Friday, July 17th. Wall Street Zen downgraded shares of Baozun from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. CLSA upgraded Baozun from a “hold” rating to an “outperform” rating and increased their price objective for the stock from $3.20 to $3.80 in a report on Friday, August 28th. Finally, Citigroup restated a “buy” rating on shares of Baozun in a research note on Thursday, August 27th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $3.80.
Read Our Latest Analysis on BZUN
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. bought a new position in Baozun in the 3rd quarter worth $64,000. 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 shares of Baozun in the fourth quarter valued at about $51,000. Mackenzie Financial Corp bought a new position in shares of Baozun in the third quarter worth about $102,000. Finally, BNP Paribas Financial Markets boosted its stake in Baozun by 51.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after purchasing an additional 10,594 shares during the period. 47.29% of the stock is currently owned by institutional investors and hedge funds.
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.
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