Baozun (NASDAQ:BZUN) CEO Acquires $26,500.00 in Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of the company’s stock in a transaction on Friday, June 5th. The stock was bought at an average cost of $2.65 per share, for a total transaction of $26,500.00. Following the completion of the acquisition, the chief executive officer directly owned 1,523,872 shares of the company’s stock, valued at approximately $4,038,260.80. This represents a 0.66% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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 bought at an average cost of $2.64 per share, for a total transaction of $26,400.00.
• On Monday, June 8th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought at an average price of $2.77 per share, with a total value of $27,700.00.
• On Wednesday, June 3rd, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, with a total value of $26,300.00.
• On Monday, June 1st, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought at an average price of $2.73 per share, with a total value of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought at an average price of $2.56 per share, with a total value of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought at an average price of $2.55 per share, with a total value of $25,500.00.
• On Friday, April 17th, Wenbin Qiu purchased 16,000 shares of Baozun stock. The shares were bought at an average price of $3.14 per share, with a total value of $50,240.00.
• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, with a total value of $49,700.00.
• On Wednesday, April 15th, Wenbin Qiu purchased 11,000 shares of Baozun stock. The shares were bought at an average price of $2.71 per share, with a total value of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu purchased 11,500 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, with a total value of $30,245.00.

Baozun Price Performance

Shares of NASDAQ:BZUN opened at $2.70 on Friday. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $4.88. The business has a fifty day moving average price of $2.67 and a 200-day moving average price of $2.66. The company has a market capitalization of $156.20 million, a PE ratio of -6.00 and a beta of 0.51.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Friday, May 15th. The technology company reported $0.00 EPS for the quarter. Baozun had a positive return on equity of 1.68% and a negative net margin of 1.80%.The company had revenue of $345.35 million for the quarter.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Investment Advisers boosted 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 worth $91,000 after purchasing an additional 7,289 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Baozun by 3.1% in the first quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock worth $1,418,000 after purchasing an additional 18,067 shares during the last quarter. XTX Topco Ltd purchased a new position in Baozun in the fourth quarter worth about $219,000. Quadrature Capital Ltd purchased a new position in Baozun in the fourth quarter worth about $51,000. Finally, Millennium Management LLC boosted its position in Baozun by 579.9% in the fourth quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock worth $383,000 after purchasing an additional 122,865 shares during the last quarter. 47.29% of the stock is owned by hedge funds and other institutional investors.

About Baozun

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.