Baozun (NASDAQ:BZUN) CEO Acquires $20,002.00 in Stock

by · The Cerbat Gem

Baozun Inc. (NASDAQ:BZUN – Get Free Report) CEO Wenbin Qiu purchased 7,300 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were bought 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 owned 1,631,172 shares of the company’s stock, valued at approximately $4,469,411.28. This trade represents a 0.45% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Wednesday, September 16th, Wenbin Qiu acquired 7,300 shares of Baozun stock. The stock was purchased at an average price of $2.74 per share, with a total value of $20,002.00.
  • On Thursday, September 17th, Wenbin Qiu acquired 7,100 shares of Baozun stock. The stock was purchased at an average price of $2.84 per share, with a total value of $20,164.00.
  • On Monday, June 22nd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The shares were purchased at an average cost of $2.81 per share, with a total value of $28,100.00.

Baozun Trading Up 2.5%

Baozun stock opened at $2.85 on Friday. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $4.55. The firm has a market capitalization of $165.61 million, a PE ratio of -8.64 and a beta of 0.51. The firm’s 50 day simple moving average is $2.80 and its 200 day simple moving average is $2.68.

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

Analyst Ratings Changes

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

Check Out Our Latest Research Report on BZUN

Hedge Funds Weigh In On Baozun

Several institutional investors have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in Baozun by 23.6% in the first 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 in the last quarter. Nano Cap New Millennium Growth Fund L P bought a new stake in shares of Baozun in the 4th quarter worth approximately $133,000. Dimensional Fund Advisors LP boosted its stake in shares of Baozun by 3.1% in 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 in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings 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 valued at $2,007,000 after purchasing an additional 754,658 shares during the last quarter. 47.29% of the stock is currently owned by institutional investors.

Baozun Company Profile

(Get Free Report)

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.

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