Baozun (NASDAQ:BZUN) Insider Junhua Wu Acquires 30,000 Shares of Stock

Baozun Inc. (NASDAQ:BZUN) insider Junhua Wu purchased 30,000 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was bought at an average price of $2.47 per share, for a total transaction of $74,100.00. Following the purchase, the insider owned 91,428 shares in the company, valued at approximately $225,827.16. This represents a 48.84% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Junhua Wu also recently made the following trade(s):

• On Tuesday, March 31st, Junhua Wu purchased 14,000 shares of Baozun stock. The stock was bought at an average price of $2.40 per share, for a total transaction of $33,600.00.

Baozun Stock Up 0.8%

Shares of BZUN stock opened at $2.54 on Tuesday. The stock has a market cap of $146.94 million, a P/E ratio of -4.38 and a beta of 0.40. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.88. The company’s fifty day simple moving average is $2.51 and its two-hundred day simple moving average is $2.93.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BZUN. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research report on Wednesday, January 21st. Zacks Research upgraded shares of Baozun to a “hold” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Baozun currently has an average rating of “Reduce”.

Hedge Funds Weigh In On Baozun

Hedge funds have recently added to or reduced their stakes in the company. Mackenzie Financial Corp bought a new position in Baozun during the 3rd quarter valued at about $102,000. BNP Paribas Financial Markets grew its holdings in Baozun by 51.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock valued at $78,000 after purchasing an additional 10,594 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Baozun by 81.4% during the 4th quarter. Russell Investments Group Ltd. now owns 28,760 shares of the technology company’s stock valued at $75,000 after purchasing an additional 12,907 shares during the last quarter. Quadrature Capital Ltd bought a new position in Baozun during the 4th quarter valued at about $51,000. Finally, Jane Street Group LLC bought a new position in Baozun during the 2nd quarter valued at about $40,000. 47.29% of the stock is currently owned by 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.