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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 10,000 shares of the stock in a transaction dated Friday, June 12th. The shares were bought at an average cost of $2.72 per share, for a total transaction of $27,200.00. Following the completion of the purchase, the chief executive officer owned 1,573,872 shares in the company, valued at approximately $4,280,931.84. This trade represents a 0.64% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, June 10th, Wenbin Qiu acquired 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 acquired 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 acquired 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu acquired 16,000 shares of Baozun stock. The stock was acquired at an average price of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu acquired 17,500 shares of Baozun stock. The stock was acquired at an average price of $2.84 per share, for a total transaction of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu acquired 11,000 shares of Baozun stock. The stock was acquired at an average price of $2.71 per share, for a total transaction of $29,810.00.

Baozun Price Performance

Baozun stock opened at $2.75 on Tuesday. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.88. The firm’s 50-day simple moving average is $2.68 and its 200 day simple moving average is $2.66. The firm has a market capitalization of $159.09 million, a PE ratio of -6.11 and a beta of 0.51.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BZUN. Northwestern Mutual Wealth Management Co. lifted 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 in the last quarter. Millennium Management LLC increased its stake in shares of Baozun by 579.9% during the 4th quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock valued at $383,000 after acquiring an additional 122,865 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Baozun by 4.9% during 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 acquiring an additional 113,058 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Baozun by 346.5% during 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 last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Baozun during the 4th quarter valued at about $219,000. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BZUN. Zacks Research upgraded shares of Baozun to a “hold” rating in a report on Wednesday, February 18th. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Baozun currently 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.