Baozun Inc. (NASDAQ:BZUN – Get Free Report) insider Junhua Wu purchased 18,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average cost of $2.69 per share, with a total value of $48,420.00. Following the completion of the acquisition, the insider directly owned 206,270 shares of the company’s stock, valued at $554,866.30. This represents a 9.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Junhua Wu also recently made the following trade(s):
- On Monday, June 1st, Junhua Wu purchased 20,000 shares of Baozun stock. The stock was acquired at an average cost of $2.70 per share, with a total value of $54,000.00.
- On Thursday, May 28th, Junhua Wu acquired 19,500 shares of Baozun stock. The stock was purchased at an average cost of $2.56 per share, with a total value of $49,920.00.
- On Tuesday, May 26th, Junhua Wu acquired 10,000 shares of Baozun stock. The stock was purchased at an average cost of $2.55 per share, with a total value of $25,500.00.
- On Monday, April 13th, Junhua Wu acquired 11,084 shares of Baozun stock. The stock was purchased at an average cost of $2.49 per share, with a total value of $27,599.16.
- On Friday, April 10th, Junhua Wu acquired 5,372 shares of Baozun stock. The stock was purchased at an average cost of $2.40 per share, with a total value of $12,892.80.
- On Wednesday, April 8th, Junhua Wu acquired 30,886 shares of Baozun stock. The stock was purchased at an average cost of $2.54 per share, with a total value of $78,450.44.
- On Thursday, April 2nd, Junhua Wu acquired 30,000 shares of Baozun stock. The stock was purchased at an average cost of $2.47 per share, with a total value of $74,100.00.
- On Tuesday, March 31st, Junhua Wu acquired 14,000 shares of Baozun stock. The stock was purchased at an average cost of $2.40 per share, with a total value of $33,600.00.
Baozun Price Performance
Shares of NASDAQ BZUN opened at $2.75 on Tuesday. The stock has a fifty day moving average price of $2.68 and a 200 day moving average price of $2.66. Baozun Inc. has a 1-year low of $2.07 and a 1-year high of $4.88. The company has a market cap of $159.09 million, a PE ratio of -6.11 and a beta of 0.51.
Institutional Investors Weigh In On Baozun
Several hedge funds have recently modified their holdings of BZUN. Cetera Investment Advisers increased its holdings in Baozun by 23.6% during the 1st quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company’s stock worth $91,000 after purchasing an additional 7,289 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Baozun by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company’s stock worth $1,418,000 after acquiring an additional 18,067 shares during the period. XTX Topco Ltd acquired a new position in Baozun during the 4th quarter worth $219,000. Quadrature Capital Ltd acquired a new position in Baozun during the 4th quarter worth $51,000. Finally, Millennium Management LLC boosted its position in 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 acquiring an additional 122,865 shares during the period. 47.29% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on BZUN. Weiss Ratings restated a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. Zacks Research raised Baozun to a “hold” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen raised Baozun from a “hold” rating to a “buy” rating in a research note on Saturday, May 23rd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.
Check Out Our Latest Research Report on BZUN
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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