Baozun (NASDAQ:BZUN) CEO Purchases $50,240.00 in Stock

Baozun Inc. (NASDAQ:BZUN) CEO Wenbin Qiu acquired 16,000 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was purchased at an average cost of $3.14 per share, with a total value of $50,240.00. Following the completion of the acquisition, the chief executive officer directly owned 1,433,872 shares of the company’s stock, valued at approximately $4,502,358.08. This trade represents a 1.13% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, April 16th, Wenbin Qiu acquired 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 Wednesday, April 15th, Wenbin Qiu acquired 11,000 shares of Baozun stock. The stock was purchased at an average cost of $2.71 per share, with a total value of $29,810.00.
• On Tuesday, April 14th, Wenbin Qiu acquired 11,500 shares of Baozun stock. The stock was purchased at an average cost 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 purchased at an average cost of $2.48 per share, with a total value of $30,008.00.
• On Friday, April 10th, Wenbin Qiu acquired 12,400 shares of Baozun stock. The stock was purchased at an average cost of $2.43 per share, with a total value of $30,132.00.
• On Thursday, April 9th, Wenbin Qiu acquired 11,650 shares of Baozun stock. The shares were bought at an average cost of $2.58 per share, with a total value of $30,057.00.
• On Wednesday, April 8th, Wenbin Qiu acquired 11,600 shares of Baozun stock. The shares were bought at an average cost of $2.58 per share, with a total value of $29,928.00.
• On Tuesday, April 7th, Wenbin Qiu acquired 12,000 shares of Baozun stock. The shares were bought at an average cost of $2.51 per share, with a total value of $30,120.00.

Baozun Stock Down 4.8%

BZUN opened at $2.78 on Friday. The business has a 50 day moving average price of $2.53 and a two-hundred day moving average price of $2.83. The company has a market cap of $160.82 million, a PE ratio of -4.79 and a beta of 0.40. Baozun Inc. has a 52 week low of $2.07 and a 52 week high of $4.88.

Analyst Upgrades and Downgrades

BZUN has been the subject of several analyst reports. Zacks Research raised Baozun to a “hold” rating in a research note on Wednesday, February 18th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baozun in a research note on Monday. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Baozun currently has a consensus rating of “Reduce”.

Institutional Trading of Baozun

Several hedge funds have recently modified their holdings of the business. XTX Topco Ltd acquired a new stake in shares of Baozun in the 4th quarter valued at approximately $219,000. Quadrature Capital Ltd acquired a new stake in shares of Baozun in the 4th quarter valued at approximately $51,000. Millennium Management LLC lifted its holdings in shares of Baozun by 579.9% in the 4th quarter. Millennium Management LLC now owns 144,052 shares of the technology company’s stock valued at $383,000 after buying an additional 122,865 shares during the period. Jump Financial LLC acquired a new stake in shares of Baozun in the 4th quarter valued at approximately $158,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Baozun by 81.4% in the 4th quarter. Russell Investments Group Ltd. now owns 28,760 shares of the technology company’s stock valued at $75,000 after buying an additional 12,907 shares during the period. 47.29% of the stock is owned by institutional investors and hedge funds.

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.