Wenbin Qiu Buys 10,000 Shares of Baozun (NASDAQ:BZUN) Stock

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

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

• On Wednesday, June 10th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was bought at an average price of $2.64 per share, with a total value of $26,400.00.
• On Monday, June 8th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was bought at an average price of $2.77 per share, with a total value of $27,700.00.
• On Friday, June 5th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was bought at an average price of $2.65 per share, with a total value of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was bought at an average price of $2.63 per share, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost 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 cost 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 cost 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 bought at an average cost 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 shares were purchased at an average cost of $2.84 per share, with a total value of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The shares were purchased at an average cost of $2.71 per share, with a total value of $29,810.00.

Baozun Price Performance

Shares of NASDAQ BZUN opened at $2.75 on Monday. The stock has a market capitalization of $159.09 million, a P/E ratio of -6.11 and a beta of 0.51. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.88. The company’s 50-day moving average is $2.68 and its 200 day moving average is $2.66.

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

Analysts Set New Price Targets

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

Institutional Trading of Baozun

Hedge funds and other institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. acquired a new position in Baozun during the third quarter worth approximately $64,000. Jane Street Group LLC acquired a new position in Baozun during the second quarter worth approximately $40,000. Quadrature Capital Ltd acquired a new position in Baozun during the fourth quarter worth approximately $51,000. Mackenzie Financial Corp acquired a new position in Baozun during the third quarter worth approximately $102,000. Finally, BNP Paribas Financial Markets increased its position in Baozun by 51.8% during the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after buying an additional 10,594 shares during the period. 47.29% of the stock is owned by institutional investors and hedge funds.

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.