Baozun (NASDAQ:BZUN) CEO Acquires 6,900 Shares

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 6,900 shares of the stock in a transaction dated Monday, September 21st. The stock was bought at an average cost of $2.85 per share, with a total value of $19,665.00. Following the completion of the purchase, the chief executive officer owned 1,666,772 shares of the company’s stock, valued at approximately $4,750,300.20. The trade was 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 accessible through the SEC website.

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

• On Friday, September 18th, Wenbin Qiu bought 7,000 shares of Baozun stock. The stock was bought at an average price of $2.88 per share, for a total transaction of $20,160.00.
• On Wednesday, September 16th, Wenbin Qiu bought 7,300 shares of Baozun stock. The shares were bought at an average cost of $2.74 per share, for a total transaction of $20,002.00.
• On Thursday, September 17th, Wenbin Qiu purchased 7,100 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, with a total value of $20,164.00.
• On Monday, September 14th, Wenbin Qiu purchased 7,300 shares of Baozun stock. The stock was bought at an average cost of $2.74 per share, with a total value of $20,002.00.

Baozun Trading Up 2.8%

Shares of NASDAQ:BZUN opened at $2.93 on Tuesday. The stock’s fifty day simple moving average is $2.80 and its two-hundred day simple moving average is $2.68. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $4.55. The stock has a market cap of $170.26 million, a PE ratio of -8.88 and a beta of 0.51.

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

Wall Street Analysts Forecast Growth

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

Hedge Funds Weigh In On Baozun

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. 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 last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Baozun by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock valued at $1,418,000 after purchasing an additional 18,067 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position 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 purchasing an additional 7,289 shares during the last quarter. 47.29% of the stock is owned by hedge funds and other institutional investors.

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.