Baozun (NASDAQ:BZUN) CEO Buys $29,810.00 in Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu purchased 11,000 shares of the company’s stock in a transaction dated Wednesday, April 15th. The stock was purchased at an average cost of $2.71 per share, with a total value of $29,810.00. Following the purchase, the chief executive officer owned 1,400,372 shares in the company, valued at approximately $3,795,008.12. This trade represents a 0.79% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Thursday, April 16th, Wenbin Qiu purchased 17,500 shares of Baozun stock. The stock was purchased at an average cost of $2.84 per share, with a total value of $49,700.00.
• On Tuesday, April 14th, Wenbin Qiu acquired 11,500 shares of Baozun stock. The stock was acquired at an average price of $2.63 per share, with a total value of $30,245.00.
• On Monday, April 13th, Wenbin Qiu acquired 12,100 shares of Baozun stock. The stock was acquired at an average price of $2.48 per share, with a total value of $30,008.00.
• On Friday, April 10th, Wenbin Qiu bought 12,400 shares of Baozun stock. The shares were acquired at an average cost of $2.43 per share, with a total value of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu bought 11,650 shares of Baozun stock. The stock was acquired at an average price of $2.58 per share, for a total transaction of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu bought 11,600 shares of Baozun stock. The stock was acquired at an average price of $2.58 per share, for a total transaction of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu bought 12,000 shares of Baozun stock. The stock was acquired at an average price of $2.51 per share, for a total transaction of $30,120.00.

Baozun Price Performance

NASDAQ:BZUN opened at $3.14 on Monday. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.88. The company has a market capitalization of $181.66 million, a P/E ratio of -5.41 and a beta of 0.40. The stock’s fifty day moving average is $2.50 and its two-hundred day moving average is $2.84.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research report on Wednesday, January 21st. Zacks Research upgraded 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Hedge Funds Weigh In On Baozun

A number of hedge funds have recently made changes to their positions in BZUN. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 worth $2,007,000 after purchasing an additional 754,658 shares during the period. Millennium Management LLC boosted its position in shares of Baozun by 579.9% during the 4th 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 period. Schroder Investment Management Group boosted its position in shares of Baozun by 4.9% during the 4th quarter. Schroder Investment Management Group now owns 2,414,558 shares of the technology company’s stock worth $6,423,000 after purchasing an additional 113,058 shares during the period. Bank of America Corp DE boosted its position in shares of Baozun by 346.5% during the 3rd quarter. Bank of America Corp DE now owns 125,165 shares of the technology company’s stock worth $507,000 after purchasing an additional 97,134 shares during the period. Finally, XTX Topco Ltd purchased a new position in shares of Baozun during the 4th quarter worth approximately $219,000. Hedge funds and other institutional investors own 47.29% of the company’s stock.

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.