Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Purchases 10,000 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were acquired at an average cost of $2.83 per share, for a total transaction of $28,300.00. Following the completion of the purchase, the chief executive officer owned 1,603,872 shares in the company, valued at $4,538,957.76. This trade represents a 0.63% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Monday, June 15th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were acquired at an average price of $2.79 per share, for a total transaction of $27,900.00.
• On Friday, June 12th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.72 per share, with a total value of $27,200.00.
• On Wednesday, June 10th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.64 per share, with a total value of $26,400.00.
• On Monday, June 8th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.77 per share, with a total value of $27,700.00.
• On Friday, June 5th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were bought at an average cost of $2.65 per share, for a total transaction of $26,500.00.
• On Wednesday, June 3rd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was bought at an average price of $2.63 per share, for a total transaction of $26,300.00.
• On Monday, June 1st, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was bought at an average price of $2.73 per share, with a total value of $27,300.00.
• On Thursday, May 28th, Wenbin Qiu bought 10,000 shares of Baozun stock. The stock was bought at an average price of $2.56 per share, with a total value of $25,600.00.
• On Tuesday, May 26th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average cost 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, for a total transaction of $50,240.00.

Baozun Price Performance

BZUN stock opened at $2.72 on Tuesday. The firm has a market capitalization of $157.36 million, a P/E ratio of -6.04 and a beta of 0.51. The business’s 50-day moving average is $2.70 and its two-hundred day moving average is $2.66. Baozun Inc. has a 1 year low of $2.07 and a 1 year high of $4.88.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on BZUN shares. Wall Street Zen upgraded shares of Baozun from a “hold” rating to a “buy” rating in a report on Saturday, May 23rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Baozun in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Baozun in the second quarter valued at approximately $40,000. Quadrature Capital Ltd acquired a new stake in shares of Baozun during the fourth quarter worth $51,000. Russell Investments Group Ltd. purchased a new position in Baozun in the 3rd quarter valued at $64,000. BNP Paribas Financial Markets increased its stake in Baozun by 51.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after buying an additional 10,594 shares during the period. Finally, Cetera Investment Advisers raised its position in Baozun by 23.6% during the 1st quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock worth $91,000 after buying an additional 7,289 shares during the last quarter. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

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.