Baozun Inc. (NASDAQ:BZUN) Shares Sold by XTX Topco Ltd

XTX Topco Ltd lowered its position in Baozun Inc. (NASDAQ:BZUN) by 19.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,310 shares of the technology company’s stock after selling 9,669 shares during the period. XTX Topco Ltd owned about 0.06% of Baozun worth $107,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in BZUN. State Street Corp acquired a new stake in Baozun in the third quarter valued at about $170,000. Barclays PLC lifted its position in Baozun by 2,153.5% in the third quarter. Barclays PLC now owns 160,000 shares of the technology company’s stock valued at $573,000 after purchasing an additional 152,900 shares during the period. New York State Common Retirement Fund lifted its position in Baozun by 95.5% in the fourth quarter. New York State Common Retirement Fund now owns 23,914 shares of the technology company’s stock valued at $65,000 after purchasing an additional 11,683 shares during the period. QRG Capital Management Inc. increased its holdings in Baozun by 50.8% in the fourth quarter. QRG Capital Management Inc. now owns 21,092 shares of the technology company’s stock valued at $57,000 after buying an additional 7,108 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Baozun by 77.4% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 92,523 shares of the technology company’s stock valued at $252,000 after buying an additional 40,364 shares in the last quarter. Institutional investors and hedge funds own 47.29% of the company’s stock.

Baozun Price Performance

Shares of BZUN opened at $2.55 on Wednesday. The firm has a 50 day simple moving average of $2.82 and a 200-day simple moving average of $2.93. Baozun Inc. has a 1-year low of $2.11 and a 1-year high of $4.38. The stock has a market cap of $156.98 million, a price-to-earnings ratio of -4.72 and a beta of 0.39.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Baozun from a “hold” rating to a “buy” rating in a report on Friday, March 21st.

About Baozun

Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People’s Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands’ store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.