Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Acquires 6,900 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 6,900 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were purchased at an average cost of $2.85 per share, for a total transaction of $19,665.00. Following the purchase, the chief executive officer directly owned 1,666,772 shares in the company, valued at approximately $4,750,300.20. This represents a 0.42% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, September 18th, Wenbin Qiu acquired 7,000 shares of Baozun stock. The stock was purchased at an average cost of $2.88 per share, with a total value of $20,160.00.
• On Wednesday, September 16th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The shares were purchased at an average cost of $2.74 per share, with a total value of $20,002.00.
• 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 purchased 7,300 shares of Baozun stock. The shares were purchased at an average cost of $2.74 per share, with a total value of $20,002.00.

Baozun Stock Up 2.0%

Baozun stock opened at $2.99 on Wednesday. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.36. The firm’s 50-day simple moving average is $2.80 and its 200 day simple moving average is $2.69. The firm has a market capitalization of $173.75 million, a PE ratio of -9.06 and a beta of 0.51.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BZUN. Cetera Investment Advisers boosted its holdings in shares of Baozun by 23.6% during the first quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock worth $91,000 after purchasing an additional 7,289 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Baozun by 3.1% in 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, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Baozun by 75,465,800.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company’s stock worth $2,007,000 after acquiring an additional 754,658 shares during the period. 47.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on BZUN. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a research report on Friday, July 17th. Citigroup restated a “buy” rating on shares of Baozun in a research report on Thursday, August 27th. CLSA raised Baozun from a “hold” rating to an “outperform” rating and increased their price objective for the company from $3.20 to $3.80 in a research note on Friday, August 28th. Finally, Wall Street Zen cut Baozun from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $3.80.

Baozun Company Profile

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.