GSA Capital Partners LLP Purchases 154,787 Shares of Baozun Inc. (NASDAQ:BZUN)

Key Points

• GSA Capital Partners LLP increased its ownership in Baozun Inc. by 113.7%, acquiring a total of 290,959 shares valued at approximately $794,000.
• Several other institutional investors also made significant purchases of Baozun stock in the fourth quarter, contributing to a total institutional ownership of 47.29%.
• Wall Street analyst ratings for Baozun were downgraded from a "buy" to a "hold" on May 24th, reflecting cautious sentiment toward the company's performance.

GSA Capital Partners LLP raised its stake in Baozun Inc. (NASDAQ:BZUN - Free Report) by 113.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 290,959 shares of the technology company's stock after acquiring an additional 154,787 shares during the quarter. GSA Capital Partners LLP owned approximately 0.54% of Baozun worth $794,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in BZUN. Tower Research Capital LLC TRC boosted its position in shares of Baozun by 138.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 11,651 shares of the technology company's stock worth $32,000 after buying an additional 6,772 shares during the period. Jane Street Group LLC acquired a new stake in Baozun in the 4th quarter valued at approximately $42,000. Jump Financial LLC bought a new position in Baozun during the 4th quarter valued at $212,000. Marshall Wace LLP bought a new stake in shares of Baozun during the 4th quarter worth $213,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Baozun in the fourth quarter worth $221,000. 47.29% of the stock is owned by institutional investors and hedge funds.

Baozun Stock Performance

NASDAQ BZUN traded up $0.05 during trading on Tuesday, reaching $2.72. 46,681 shares of the company traded hands, compared to its average volume of 358,703. Baozun Inc. has a 1-year low of $2.12 and a 1-year high of $4.38. The stock's 50 day moving average price is $2.76 and its two-hundred day moving average price is $2.93. The company has a market cap of $156.79 million, a price-to-earnings ratio of -6.31 and a beta of 0.28.

Wall Street Analyst Weigh In

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

About Baozun

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.