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

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of Baozun stock in a transaction on Friday, June 12th. The stock was acquired at an average price of $2.72 per share, for a total transaction of $27,200.00. Following the purchase, the chief executive officer 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 ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

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

• On Wednesday, June 10th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.64 per share, for a total transaction of $26,400.00.
• On Monday, June 8th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average price 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 stock was acquired at an average price 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 acquired at an average price of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.73 per share, for a total transaction of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.56 per share, for a total transaction of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.55 per share, for a total transaction of $25,500.00.
• On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The stock was acquired at an average price of $3.14 per share, for a total transaction of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The stock was acquired at an average price of $2.84 per share, for a total transaction 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, for a total transaction of $29,810.00.

Baozun Trading Down 0.7%

BZUN opened at $2.73 on Wednesday. Baozun Inc. has a 12-month low of $2.07 and a 12-month high of $4.88. The business’s fifty day simple moving average is $2.68 and its 200-day simple moving average is $2.66. The company has a market capitalization of $157.94 million, a price-to-earnings ratio of -6.07 and a beta of 0.51.

Baozun (NASDAQ:BZUN) last posted its quarterly 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 business had revenue of $345.35 million for the quarter.

Institutional Investors Weigh In On Baozun

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new stake in Baozun during the second quarter valued at about $40,000. Quadrature Capital Ltd bought a new stake in Baozun during the fourth quarter valued at about $51,000. Russell Investments Group Ltd. bought a new stake in Baozun during the third quarter valued at about $64,000. BNP Paribas Financial Markets boosted 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 valued at $78,000 after purchasing an additional 10,594 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position 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 purchasing an additional 7,289 shares in the last quarter. Institutional investors own 47.29% of the company’s stock.

Analyst Ratings Changes

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