Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Purchases 7,000 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 7,000 shares of the business’s stock in a transaction that occurred on Friday, September 18th. The shares were bought at an average cost of $2.88 per share, for a total transaction of $20,160.00. Following the transaction, the chief executive officer owned 1,659,872 shares of the company’s stock, valued at $4,780,431.36. The trade was a 0.42% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Monday, September 21st, Wenbin Qiu purchased 6,900 shares of Baozun stock. The stock was bought at an average cost of $2.85 per share, with a total value of $19,665.00.
• On Wednesday, September 16th, Wenbin Qiu purchased 7,300 shares of Baozun stock. The stock was bought at an average cost of $2.74 per share, with a total value of $20,002.00.
• On Thursday, September 17th, Wenbin Qiu acquired 7,100 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, for a total transaction of $20,164.00.
• On Monday, September 14th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The shares were purchased at an average cost of $2.74 per share, for a total transaction of $20,002.00.

Baozun Price Performance

NASDAQ BZUN opened at $2.99 on Wednesday. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.36. The firm has a market cap of $173.75 million, a price-to-earnings ratio of -9.06 and a beta of 0.51. The company has a fifty day moving average price of $2.80 and a 200-day moving average price of $2.69.

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

Hedge Funds Weigh In On Baozun

A number of large investors have recently modified their holdings of BZUN. Cetera Investment Advisers increased its holdings in shares of 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 buying an additional 7,289 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Baozun by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock worth $1,418,000 after acquiring an additional 18,067 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in Baozun by 75,465,800.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock worth $2,007,000 after acquiring an additional 754,658 shares in the last quarter. 47.29% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on BZUN shares. Wall Street Zen downgraded Baozun from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research report on Friday, July 17th. CLSA upgraded Baozun from a “hold” rating to an “outperform” rating and boosted their target price for the company from $3.20 to $3.80 in a research note on Friday, August 28th. Finally, Citigroup reaffirmed a “buy” rating on shares of Baozun in a research report on Thursday, August 27th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus 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.