Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Buys 11,000 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 11,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was purchased at an average cost of $2.71 per share, with a total value of $29,810.00. Following the acquisition, the chief executive officer directly owned 1,400,372 shares in the company, valued at $3,795,008.12. This trade represents a 0.79% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The stock was purchased at an average cost of $2.84 per share, with a total value of $49,700.00.
• On Tuesday, April 14th, Wenbin Qiu bought 11,500 shares of Baozun stock. The stock was purchased at an average cost of $2.63 per share, with a total value of $30,245.00.
• On Monday, April 13th, Wenbin Qiu bought 12,100 shares of Baozun stock. The stock was purchased at an average cost of $2.48 per share, with a total value of $30,008.00.
• On Friday, April 10th, Wenbin Qiu bought 12,400 shares of Baozun stock. The stock was purchased at an average cost of $2.43 per share, with a total value of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu bought 11,650 shares of Baozun stock. The stock was purchased at an average cost of $2.58 per share, with a total value of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu bought 11,600 shares of Baozun stock. The stock was purchased at an average cost of $2.58 per share, with a total value of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu bought 12,000 shares of Baozun stock. The stock was purchased at an average cost of $2.51 per share, with a total value of $30,120.00.

Baozun Stock Performance

Shares of Baozun stock opened at $3.14 on Friday. The company has a fifty day moving average of $2.50 and a 200 day moving average of $2.86. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88. The company has a market capitalization of $181.65 million, a P/E ratio of -5.41 and a beta of 0.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BZUN. Qube Research & Technologies Ltd lifted its holdings in shares of Baozun by 4.9% in the 3rd quarter. Qube Research & Technologies Ltd now owns 156,254 shares of the technology company’s stock valued at $633,000 after acquiring an additional 7,304 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Baozun by 6.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 171,051 shares of the technology company’s stock valued at $428,000 after acquiring an additional 9,627 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Baozun by 51.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after acquiring an additional 10,594 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Baozun by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 603,016 shares of the technology company’s stock valued at $2,442,000 after acquiring an additional 11,593 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Baozun by 81.4% in the 4th quarter. Russell Investments Group Ltd. now owns 28,760 shares of the technology company’s stock valued at $75,000 after acquiring an additional 12,907 shares during the last quarter. Institutional investors own 47.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on BZUN shares. Zacks Research raised shares of Baozun to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce”.

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.