Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Acquires 11,500 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 11,500 shares of the business’s stock in a transaction on Tuesday, April 14th. The stock was acquired at an average price of $2.63 per share, for a total transaction of $30,245.00. Following the completion of the purchase, the chief executive officer owned 1,389,372 shares of the company’s stock, valued at $3,654,048.36. This represents a 0.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, April 13th, Wenbin Qiu acquired 12,100 shares of Baozun stock. The stock was acquired at an average price of $2.48 per share, for a total transaction of $30,008.00.
• On Friday, April 10th, Wenbin Qiu bought 12,400 shares of Baozun stock. The shares were acquired at an average price of $2.43 per share, with a total value of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu acquired 11,650 shares of Baozun stock. The shares were bought at an average price of $2.58 per share, with a total value of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu purchased 11,600 shares of Baozun stock. The shares were acquired at an average price of $2.58 per share, with a total value of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu acquired 12,000 shares of Baozun stock. The stock was acquired at an average price of $2.51 per share, for a total transaction of $30,120.00.

Baozun Stock Up 1.2%

NASDAQ BZUN opened at $2.62 on Wednesday. The business’s 50-day moving average price is $2.49 and its 200 day moving average price is $2.86. The firm has a market cap of $151.57 million, a P/E ratio of -4.52 and a beta of 0.40. Baozun Inc. has a 52-week low of $2.07 and a 52-week high of $4.88.

Institutional Trading of Baozun

Hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC raised its holdings in Baozun by 226.5% in the fourth quarter. Jane Street Group LLC now owns 54,423 shares of the technology company’s stock valued at $145,000 after acquiring an additional 37,755 shares in the last quarter. Mackenzie Financial Corp acquired a new position in Baozun during the 3rd quarter worth $102,000. BNP Paribas Financial Markets increased 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 worth $78,000 after purchasing an additional 10,594 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Baozun by 81.4% in the 4th quarter. Russell Investments Group Ltd. now owns 28,760 shares of the technology company’s stock worth $75,000 after purchasing an additional 12,907 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of Baozun in the 4th quarter valued at about $51,000. Institutional investors and hedge funds own 47.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a report on Wednesday, January 21st. Zacks Research upgraded Baozun to a “hold” rating in a research report on Wednesday, February 18th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus 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.