Baozun (NASDAQ:BZUN) CEO Wenbin Qiu Buys 7,300 Shares

Key Points

• CEO Wenbin Qiu bought 7,300 Baozun shares at an average price of $2.74, investing $20,002 and increasing his stake by 0.45% to 1,631,172 shares.
• Baozun reported quarterly EPS of $0.19 on revenue of $403.74 million, though it posted a negative net margin of 1.26% and a positive ROE of 2.55%.
• The stock opened at $2.73, while analysts’ average rating was “Hold” with a $3.80 price target; institutional investors own 47.29% of the company.

Baozun Inc. (NASDAQ:BZUN - Get Free Report) CEO Wenbin Qiu purchased 7,300 shares of Baozun stock in a transaction dated Monday, September 14th. The shares were purchased at an average price of $2.74 per share, for a total transaction of $20,002.00. Following the completion of the acquisition, the chief executive officer owned 1,631,172 shares of the company's stock, valued at approximately $4,469,411.28. The trade was a 0.45% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Wenbin Qiu also recently made the following trade(s):

• On Monday, June 22nd, Wenbin Qiu acquired 10,000 shares of Baozun stock. The stock was acquired at an average price of $2.81 per share, with a total value of $28,100.00.

Baozun Price Performance

NASDAQ:BZUN opened at $2.73 on Wednesday. The firm's 50 day simple moving average is $2.80 and its 200 day simple moving average is $2.68. Baozun Inc. has a one year low of $2.07 and a one year high of $4.67. The company has a market cap of $158.64 million, a PE ratio of -8.27 and a beta of 0.51.

Baozun (NASDAQ:BZUN - Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The technology company reported $0.19 earnings per share (EPS) for the quarter. The firm had revenue of $403.74 million during the quarter. Baozun had a negative net margin of 1.26% and a positive return on equity of 2.55%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Baozun by 75,465,800.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 754,659 shares of the technology company's stock valued at $2,007,000 after purchasing an additional 754,658 shares in the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in Baozun during the fourth quarter valued at about $133,000. Dimensional Fund Advisors LP lifted its stake in Baozun by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 593,669 shares of the technology company's stock worth $1,418,000 after purchasing an additional 18,067 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Baozun by 23.6% in the 1st quarter. Cetera Investment Advisers now owns 38,238 shares of the technology company's stock worth $91,000 after purchasing an additional 7,289 shares in the last quarter. Hedge funds and other institutional investors own 47.29% of the company's stock.

Analyst Upgrades and Downgrades

BZUN has been the topic of several recent research reports. Wall Street Zen lowered Baozun from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 8th. CLSA upgraded shares of Baozun from a "hold" rating to an "outperform" rating and boosted their price target for the company from $3.20 to $3.80 in a research note on Friday, August 28th. Citigroup reiterated a "buy" rating on shares of Baozun in a research note on Thursday, August 27th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Baozun in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $3.80.

Baozun Company Profile

Baozun Inc NASDAQ: BZUN is a China-based brand e-commerce and digital commerce services company. Founded in 2007 and headquartered in Shanghai, the company helps brands establish, operate and grow their online and omnichannel businesses, primarily in China and selected international markets.

Baozun's services include e-commerce technology, online store design and operation, digital marketing, customer service, data analytics, warehousing and logistics. Its technology and service platform supports brands across major online marketplaces, social commerce channels and direct-to-consumer websites, helping them manage product listings, orders, payments, fulfillment and customer engagement.

The company has historically worked with international and domestic brands in categories such as apparel, consumer products, electronics and beauty.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.