Baozun Inc. (NASDAQ:BZUN) Shares Bought by Bank of America Corp DE

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 13F filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Jane Street Group LLC purchased a new position in shares of Baozun in the 4th quarter worth about $42,000. Tower Research Capital LLC TRC lifted its position 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 worth $32,000 after acquiring an additional 6,772 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Baozun by 1.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company's stock worth $1,628,000 after acquiring an additional 5,915 shares in the last quarter. Marshall Wace LLP acquired a new position in Baozun during the 4th quarter worth approximately $213,000. Finally, Jump Financial LLC purchased a new stake in Baozun during the 4th quarter worth approximately $212,000. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

Baozun Trading Down 1.4%

BZUN stock traded down $0.04 during midday trading on Friday, hitting $2.83. 108,313 shares of the company's stock were exchanged, compared to its average volume of 465,638. Baozun Inc. has a 12-month low of $2.11 and a 12-month high of $4.38. The stock has a market capitalization of $163.43 million, a price-to-earnings ratio of -5.24 and a beta of 0.37. The firm has a 50 day moving average price of $2.79 and a 200-day moving average price of $2.96.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded Baozun from a "buy" rating to a "hold" rating in a report on Saturday, May 24th.

Baozun Company Profile

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.