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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were acquired at an average price of $2.81 per share, for a total transaction of $28,100.00. Following the purchase, the chief executive officer owned 1,623,872 shares of the company’s stock, valued at $4,563,080.32. This trade represents a 0.62% 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 link.

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

• On Wednesday, June 17th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was bought at an average cost of $2.83 per share, for a total transaction of $28,300.00.
• On Monday, June 15th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was bought at an average price of $2.79 per share, for a total transaction of $27,900.00.
• On Friday, June 12th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.72 per share, with a total value of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost 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 shares were acquired at an average cost of $2.77 per share, for a total transaction of $27,700.00.
• On Friday, June 5th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average cost of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was purchased at an average price of $2.63 per share, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.73 per share, with a total value of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased 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 purchased at an average cost of $2.55 per share, for a total transaction of $25,500.00.

Baozun Stock Down 4.2%

Shares of Baozun stock opened at $2.76 on Friday. The business has a fifty day simple moving average of $2.72 and a 200-day simple moving average of $2.66. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.88. The firm has a market cap of $160.37 million, a price-to-earnings ratio of -6.13 and a beta of 0.51.

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

Hedge Funds Weigh In On Baozun

A number of institutional investors have recently bought and sold shares of the stock. Cetera Investment Advisers lifted its stake in Baozun by 23.6% during the first quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock valued at $91,000 after buying an additional 7,289 shares in the last quarter. Qube Research & Technologies Ltd raised its holdings in shares of Baozun by 4.9% during the third 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 period. JPMorgan Chase & Co. raised its holdings in shares of Baozun by 6.0% during the second 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 period. BNP Paribas Financial Markets lifted its position 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 in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Baozun by 2.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 603,016 shares of the technology company’s stock worth $2,442,000 after purchasing an additional 11,593 shares during the period. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on BZUN. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently 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.