Insider Buying: Baozun (NASDAQ:BZUN) CEO Buys $27,300.00 in Stock
by Danessa Lincoln · The Markets DailyBaozun Inc. (NASDAQ:BZUN – Get Free Report) CEO Wenbin Qiu bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were bought at an average price of $2.73 per share, with a total value of $27,300.00. Following the transaction, the chief executive officer directly owned 1,483,872 shares in the company, valued at $4,050,970.56. This trade represents a 0.68% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Wenbin Qiu also recently made the following trade(s):
- On Wednesday, June 3rd, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, with a total value of $26,300.00.
- On Thursday, May 28th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average price of $2.56 per share, with a total value of $25,600.00.
- On Tuesday, May 26th, Wenbin Qiu bought 10,000 shares of Baozun stock. The shares were bought at an average price of $2.55 per share, with a total value of $25,500.00.
- On Friday, April 17th, Wenbin Qiu bought 16,000 shares of Baozun stock. The shares were bought at an average price of $3.14 per share, with a total value of $50,240.00.
- On Thursday, April 16th, Wenbin Qiu bought 17,500 shares of Baozun stock. The shares were bought at an average price of $2.84 per share, with a total value of $49,700.00.
- On Wednesday, April 15th, Wenbin Qiu bought 11,000 shares of Baozun stock. The shares were bought at an average price of $2.71 per share, with a total value of $29,810.00.
- On Tuesday, April 14th, Wenbin Qiu bought 11,500 shares of Baozun stock. The shares were bought at an average price of $2.63 per share, with a total value of $30,245.00.
- On Monday, April 13th, Wenbin Qiu bought 12,100 shares of Baozun stock. The shares were bought 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 bought at an average price 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 shares were bought at an average price of $2.58 per share, with a total value of $30,057.00.
Baozun Price Performance
Baozun stock opened at $2.65 on Friday. The company has a market capitalization of $153.30 million, a PE ratio of -5.89 and a beta of 0.51. Baozun Inc. has a one year low of $2.07 and a one year high of $4.88. The business has a 50 day simple moving average of $2.64 and a 200 day simple moving average of $2.67.
Baozun (NASDAQ:BZUN – Get Free Report) last posted its earnings results on Friday, May 15th. The technology company reported $0.00 EPS for the quarter. The business had revenue of $345.35 million during the quarter. Baozun had a positive return on equity of 1.68% and a negative net margin of 1.80%.
Analyst Ratings Changes
Several equities analysts have issued reports on BZUN shares. Zacks Research upgraded Baozun to a “hold” rating in a research report on Wednesday, February 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Baozun in a research report on Monday, April 20th. Finally, Wall Street Zen upgraded Baozun from a “hold” rating to a “buy” rating in a research report on Saturday, May 23rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce”.
Check Out Our Latest Stock Report on Baozun
Hedge Funds Weigh In On Baozun
Institutional investors have recently bought and sold shares of the business. Russell Investments Group Ltd. bought a new position in Baozun in the 3rd quarter valued at $64,000. Jane Street Group LLC bought a new position in Baozun in the 2nd quarter valued at $40,000. Quadrature Capital Ltd bought a new stake in shares of Baozun during the fourth quarter worth $51,000. Mackenzie Financial Corp bought a new stake in shares of Baozun during the third quarter worth $102,000. Finally, BNP Paribas Financial Markets raised its position in shares of Baozun by 51.8% during the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company’s stock worth $78,000 after acquiring an additional 10,594 shares during the last quarter. Institutional investors own 47.29% of the company’s stock.
About Baozun
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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