Cubist Systematic Strategies LLC bought a new stake in Baozun Inc. (NASDAQ:BZUN - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 81,212 shares of the technology company's stock, valued at approximately $221,000. Cubist Systematic Strategies LLC owned 0.13% of Baozun at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of BZUN. Schroder Investment Management Group lifted its holdings in shares of Baozun by 16.5% during the 4th quarter. Schroder Investment Management Group now owns 2,301,500 shares of the technology company's stock worth $6,352,000 after acquiring an additional 326,388 shares during the period. Dimensional Fund Advisors LP increased its stake in Baozun by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company's stock worth $1,628,000 after purchasing an additional 5,915 shares in the last quarter. Walleye Capital LLC boosted its position in Baozun by 103.5% during the 4th quarter. Walleye Capital LLC now owns 306,091 shares of the technology company's stock worth $833,000 after acquiring an additional 155,650 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Baozun by 38.9% during the 4th quarter. Renaissance Technologies LLC now owns 273,053 shares of the technology company's stock valued at $743,000 after buying an additional 76,537 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Baozun by 44,379.3% in the 4th quarter. Bank of America Corp DE now owns 100,968 shares of the technology company's stock valued at $275,000 after acquiring an additional 100,741 shares in the last quarter. 47.29% of the stock is owned by institutional investors and hedge funds.
Baozun Stock Performance
Shares of Baozun stock traded up $0.05 during trading on Friday, reaching $3.05. 136,434 shares of the company's stock were exchanged, compared to its average volume of 474,459. The company has a market cap of $165.11 million, a P/E ratio of -5.65 and a beta of 0.29. Baozun Inc. has a 1-year low of $2.11 and a 1-year high of $4.38. The firm's 50-day moving average price is $2.77 and its 200 day moving average price is $2.93.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered Baozun from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, May 13th.
Check Out Our Latest Stock Report on BZUN
Baozun Company Profile
(
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.
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