Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Acquires 7,300 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 7,300 shares of the stock in a transaction dated Monday, September 14th. The shares were bought at an average price of $2.74 per share, for a total transaction of $20,002.00. Following the completion of the acquisition, the chief executive officer owned 1,631,172 shares in the company, valued at $4,469,411.28. This represents a 0.45% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, June 22nd, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.81 per share, for a total transaction of $28,100.00.

Baozun Price Performance

Shares of BZUN stock opened at $2.76 on Thursday. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.67. The stock’s 50-day moving average is $2.80 and its two-hundred day moving average is $2.68. The firm has a market cap of $160.38 million, a P/E ratio of -8.36 and a beta of 0.51.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings results on Friday, August 14th. The technology company reported $0.19 earnings per share for the quarter. The company had revenue of $403.74 million during the quarter. Baozun had a positive return on equity of 2.55% and a negative net margin of 1.26%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers lifted its holdings in Baozun by 23.6% in the 1st 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 last quarter. Nano Cap New Millennium Growth Fund L P bought a new stake in Baozun during the fourth quarter worth approximately $133,000. Dimensional Fund Advisors LP grew its holdings in Baozun by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock valued at $1,418,000 after purchasing an additional 18,067 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Baozun by 75,465,800.0% during the fourth 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. Institutional investors and hedge funds own 47.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Baozun in a research note on Thursday, August 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research note on Friday, July 17th. CLSA upgraded shares of Baozun from a “hold” rating to an “outperform” rating and raised their price target for the company from $3.20 to $3.80 in a report on Friday, August 28th. Finally, Wall Street Zen lowered shares of Baozun from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $3.80.

Baozun Company Profile

Baozun Inc (NASDAQ: BZUN) is a China-based brand e-commerce and digital commerce services company. Founded in 2007 and headquartered in Shanghai, the company helps brands establish, operate and grow their online and omnichannel businesses, primarily in China and selected international markets.

Baozun’s services include e-commerce technology, online store design and operation, digital marketing, customer service, data analytics, warehousing and logistics. Its technology and service platform supports brands across major online marketplaces, social commerce channels and direct-to-consumer websites, helping them manage product listings, orders, payments, fulfillment and customer engagement.

The company has historically worked with international and domestic brands in categories such as apparel, consumer products, electronics and beauty.