Baozun Inc. (NASDAQ:BZUN – Get Free Report) CEO Wenbin Qiu purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The shares were bought at an average price of $2.64 per share, with a total value of $26,400.00. Following the acquisition, the chief executive officer directly owned 1,553,872 shares of the company’s stock, valued at $4,102,222.08. This represents a 0.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Wenbin Qiu also recently made the following trade(s):
- On Monday, June 8th, Wenbin Qiu purchased 10,000 shares of Baozun stock. The shares were bought at an average price of $2.77 per share, with a total value of $27,700.00.
- On Friday, June 5th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.65 per share, for a total transaction of $26,500.00.
- On Wednesday, June 3rd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.63 per share, for a total transaction of $26,300.00.
- On Monday, June 1st, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.73 per share, for a total transaction of $27,300.00.
- On Thursday, May 28th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.56 per share, for a total transaction of $25,600.00.
- On Tuesday, May 26th, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average cost of $2.55 per share, for a total transaction of $25,500.00.
- On Friday, April 17th, Wenbin Qiu acquired 16,000 shares of Baozun stock. The stock was acquired at an average cost of $3.14 per share, for a total transaction of $50,240.00.
- On Thursday, April 16th, Wenbin Qiu acquired 17,500 shares of Baozun stock. The stock was acquired at an average cost of $2.84 per share, for a total transaction of $49,700.00.
- On Wednesday, April 15th, Wenbin Qiu acquired 11,000 shares of Baozun stock. The stock was acquired at an average cost of $2.71 per share, for a total transaction of $29,810.00.
- On Tuesday, April 14th, Wenbin Qiu acquired 11,500 shares of Baozun stock. The stock was acquired at an average cost of $2.63 per share, for a total transaction of $30,245.00.
Baozun Price Performance
Shares of NASDAQ BZUN opened at $2.75 on Friday. Baozun Inc. has a one year low of $2.07 and a one year high of $4.88. The business’s fifty day moving average price is $2.68 and its 200-day moving average price is $2.66. The stock has a market capitalization of $159.10 million, a PE ratio of -6.11 and a beta of 0.51.
Analyst Ratings Changes
A number of brokerages recently issued reports on BZUN. Zacks Research raised Baozun to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research note on Monday, April 20th. Finally, Wall Street Zen upgraded Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce”.
Check Out Our Latest Stock Report on Baozun
Hedge Funds Weigh In On Baozun
A number of institutional investors have recently added to or reduced their stakes in BZUN. JPMorgan Chase & Co. increased its position in shares of Baozun by 6.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 171,051 shares of the technology company’s stock valued at $428,000 after purchasing an additional 9,627 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Baozun by 3.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 388,479 shares of the technology company’s stock valued at $971,000 after acquiring an additional 14,622 shares during the period. Jump Financial LLC purchased a new stake in Baozun during the 2nd quarter valued at about $174,000. Qube Research & Technologies Ltd boosted its holdings in Baozun by 109.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 148,950 shares of the technology company’s stock valued at $372,000 after acquiring an additional 77,891 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Baozun during the 2nd quarter valued at about $40,000. 47.29% of the stock is currently owned by institutional investors.
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.
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