Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Acquires 5,800 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 5,800 shares of the business’s stock in a transaction on Tuesday, October 13th. The shares were acquired at an average price of $3.47 per share, with a total value of $20,126.00. Following the completion of the transaction, the chief executive officer owned 1,678,572 shares of the company’s stock, valued at approximately $5,824,644.84. This trade represents a 0.35% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, October 12th, Wenbin Qiu acquired 6,000 shares of Baozun stock. The shares were bought at an average cost of $3.34 per share, for a total transaction of $20,040.00.
• On Monday, September 21st, Wenbin Qiu acquired 6,900 shares of Baozun stock. The shares were bought at an average cost of $2.85 per share, for a total transaction of $19,665.00.
• On Friday, September 18th, Wenbin Qiu acquired 7,000 shares of Baozun stock. The stock was bought at an average price of $2.88 per share, for a total transaction of $20,160.00.
• On Wednesday, September 16th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The stock was bought at an average price of $2.74 per share, for a total transaction of $20,002.00.
• On Thursday, September 17th, Wenbin Qiu acquired 7,100 shares of Baozun stock. The stock was bought at an average price of $2.84 per share, for a total transaction of $20,164.00.
• On Monday, September 14th, Wenbin Qiu bought 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.

Baozun Trading Down 3.5%

NASDAQ BZUN opened at $3.35 on Thursday. The firm has a market cap of $194.67 million, a PE ratio of -10.15 and a beta of 0.39. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $3.82. The stock has a 50-day moving average of $2.96 and a 200-day moving average of $2.79.

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

Institutional Investors Weigh In On Baozun

A hedge fund recently raised its position in Baozun stock. Cetera Investment Advisers grew its holdings in shares of Baozun Inc. (NASDAQ:BZUN) by 23.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 38,238 shares of the technology company’s stock after buying an additional 7,289 shares during the period. Cetera Investment Advisers owned 0.07% of Baozun worth $91,000 as of its most recent SEC filing. Institutional investors and hedge funds own 47.29% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research note on Friday, July 17th. Citigroup restated a “buy” rating on shares of Baozun in a report on Thursday, August 27th. CLSA raised shares of Baozun from a “hold” rating to an “outperform” rating and lifted their target price for the stock from $3.20 to $3.80 in a research note on Friday, August 28th. Finally, Wall Street Zen upgraded shares of Baozun from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 10th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $3.80.

About Baozun

Baozun Inc (NASDAQ: BZUN) is a China-based e-commerce service and brand management company. Founded in 2006 and headquartered in Shanghai, the company helps brands establish, operate and grow their online businesses, primarily in China and other selected international markets.

Baozun provides a range of services across the e-commerce value chain, including online store design and operation, digital marketing, customer service, information technology, warehousing and logistics. Its technology and service offerings support sales through major third-party marketplaces, social-commerce platforms and brands’ own online channels.

The company works with domestic and international consumer brands in categories such as apparel, beauty, consumer electronics and food and beverage.