Shares of Baozun Inc. (NASDAQ:BZUN - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.53 and traded as high as $2.88. Baozun shares last traded at $2.8440, with a volume of 311,668 shares.
Analysts Set New Price Targets
BZUN has been the topic of a number of recent research reports. Weiss Ratings restated a "sell (d-)" rating on shares of Baozun in a report on Monday, April 20th. Zacks Research raised shares of Baozun to a "hold" rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Baozun has a consensus rating of "Reduce".
View Our Latest Report on Baozun
Baozun Trading Up 1.6%
The stock has a market capitalization of $164.54 million, a price-to-earnings ratio of -4.90 and a beta of 0.40. The company has a fifty day moving average of $2.53 and a two-hundred day moving average of $2.79.
Insider Buying and Selling at Baozun
In other Baozun news, CEO Wenbin Qiu purchased 17,500 shares of the stock in a transaction dated Thursday, April 16th. The shares were bought at an average cost of $2.84 per share, with a total value of $49,700.00. Following the completion of the transaction, the chief executive officer owned 1,417,872 shares in the company, valued at $4,026,756.48. This trade represents a 1.25% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Junhua Wu purchased 30,886 shares of the stock in a transaction dated Wednesday, April 8th. The stock was acquired at an average cost of $2.54 per share, for a total transaction of $78,450.44. Following the completion of the transaction, the insider owned 122,314 shares of the company's stock, valued at $310,677.56. The trade was a 33.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 207,092 shares of company stock worth $536,882 in the last quarter. Insiders own 59.20% of the company's stock.
Institutional Trading of Baozun
Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new position in Baozun in the 2nd quarter worth approximately $40,000. Quadrature Capital Ltd bought a new stake in shares of Baozun in the fourth quarter valued at approximately $51,000. Russell Investments Group Ltd. acquired a new stake in shares of Baozun in the third quarter worth $64,000. BNP Paribas Financial Markets grew its stake in shares of Baozun by 51.8% in 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. Finally, Mackenzie Financial Corp bought a new position in Baozun during the third quarter worth $102,000. Institutional investors own 47.29% of the company's stock.
Baozun Company Profile
(
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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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