Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Purchases 7,300 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 7,300 shares of Baozun stock in a transaction dated Wednesday, September 16th. The shares were purchased at an average price of $2.74 per share, with a total value of $20,002.00. Following the acquisition, the chief executive officer owned 1,645,772 shares of the company’s stock, valued at approximately $4,509,415.28. This trade represents a 0.45% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

• On Thursday, September 17th, Wenbin Qiu bought 7,100 shares of Baozun stock. The stock was purchased at an average cost 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 shares were purchased at an average price of $2.74 per share, for a total transaction of $20,002.00.
• On Monday, June 22nd, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.81 per share, with a total value of $28,100.00.

Baozun Price Performance

BZUN opened at $2.85 on Friday. The business has a fifty day simple moving average of $2.80 and a 200 day simple moving average of $2.68. The company has a market capitalization of $165.61 million, a PE ratio of -8.64 and a beta of 0.51. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.55.

Baozun (NASDAQ:BZUN) last posted its quarterly earnings data on Friday, August 14th. The technology company reported $0.19 earnings per share for the quarter. The firm 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%.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. CLSA raised shares of Baozun from a “hold” rating to an “outperform” rating and raised their price target for the stock from $3.20 to $3.80 in a research report on Friday, August 28th. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a report on Friday, July 17th. Citigroup restated a “buy” rating on shares of Baozun in a research report on Thursday, August 27th. Finally, Wall Street Zen downgraded shares of Baozun from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $3.80.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Baozun by 75,465,800.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock valued at $2,007,000 after purchasing an additional 754,658 shares in the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Baozun during the 4th quarter worth $133,000. Dimensional Fund Advisors LP lifted its position in shares of Baozun by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock worth $1,418,000 after buying an additional 18,067 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in Baozun by 23.6% in 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. 47.29% of the stock is currently owned by institutional investors and hedge funds.

About Baozun

Baozun Inc (NASDAQ: BZUN) is a China-based brand e-commerce and digital commerce services company. Founded in 2007 and headquartered in Shanghai, the company helps brands establish, operate and grow their online and omnichannel businesses, primarily in China and selected international markets.

Baozun’s services include e-commerce technology, online store design and operation, digital marketing, customer service, data analytics, warehousing and logistics. Its technology and service platform supports brands across major online marketplaces, social commerce channels and direct-to-consumer websites, helping them manage product listings, orders, payments, fulfillment and customer engagement.

The company has historically worked with international and domestic brands in categories such as apparel, consumer products, electronics and beauty.