Wenbin Qiu Purchases 7,300 Shares of Baozun (NASDAQ:BZUN) Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 7,300 shares of Baozun stock in a transaction on Monday, September 14th. The shares were acquired at an average price of $2.74 per share, for a total transaction of $20,002.00. Following the completion of the transaction, the chief executive officer directly owned 1,631,172 shares of the company’s stock, valued at approximately $4,469,411.28. The trade was a 0.45% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Monday, June 22nd, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were acquired at an average cost of $2.81 per share, for a total transaction of $28,100.00.

Baozun Stock Performance

Shares of BZUN opened at $2.73 on Wednesday. Baozun Inc. has a fifty-two week low of $2.07 and a fifty-two week high of $4.67. The firm has a market cap of $158.64 million, a price-to-earnings ratio of -8.27 and a beta of 0.51. The firm has a 50 day moving average price of $2.80 and a 200-day moving average price of $2.68.

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

Hedge Funds Weigh In On Baozun

A number of hedge funds have recently modified their holdings 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 period. Nano Cap New Millennium Growth Fund L P purchased a new position in Baozun during the 4th quarter valued at about $133,000. Dimensional Fund Advisors LP raised its position in Baozun by 3.1% during 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 during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in 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 valued at $2,007,000 after purchasing an additional 754,658 shares during the last quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Baozun

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.