Bank of America Corp DE raised its position in Baozun Inc. (NASDAQ:BZUN - Free Report) by 44,379.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 100,968 shares of the technology company's stock after purchasing an additional 100,741 shares during the quarter. Bank of America Corp DE owned 0.16% of Baozun worth $275,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in BZUN. Jane Street Group LLC acquired a new stake in shares of Baozun in the fourth quarter valued at $42,000. Tower Research Capital LLC TRC boosted its holdings in Baozun by 138.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,651 shares of the technology company's stock valued at $32,000 after acquiring an additional 6,772 shares during the period. Dimensional Fund Advisors LP grew its position in Baozun by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company's stock valued at $1,628,000 after acquiring an additional 5,915 shares in the last quarter. Marshall Wace LLP purchased a new stake in Baozun during the fourth quarter worth about $213,000. Finally, Jump Financial LLC acquired a new stake in shares of Baozun during the fourth quarter worth about $212,000. 47.29% of the stock is currently owned by institutional investors and hedge funds.
Baozun Stock Performance
Shares of Baozun stock traded down $0.19 during trading hours on Tuesday, reaching $2.83. 431,110 shares of the company were exchanged, compared to its average volume of 467,488. The firm has a market cap of $163.43 million, a PE ratio of -6.58 and a beta of 0.37. The stock's fifty day moving average is $2.82 and its 200 day moving average is $2.97. Baozun Inc. has a 1 year low of $2.11 and a 1 year high of $4.38.
Analysts Set New Price Targets
Separately, Wall Street Zen cut shares of Baozun from a "buy" rating to a "hold" rating in a report on Saturday, May 24th.
Read Our Latest Analysis on BZUN
About Baozun
(
Free Report)
Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People's Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands' store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.
Further Reading
Before you consider Baozun, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Baozun wasn't on the list.
While Baozun currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
