Baozun Inc. (NASDAQ:BZUN) Position Boosted by Walleye Capital LLC

Walleye Capital LLC lifted its holdings in Baozun Inc. (NASDAQ:BZUN - Free Report) by 103.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 306,091 shares of the technology company's stock after buying an additional 155,650 shares during the quarter. Walleye Capital LLC owned approximately 0.50% of Baozun worth $833,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of BZUN. QRG Capital Management Inc. raised its position in shares of Baozun by 50.8% during the 4th quarter. QRG Capital Management Inc. now owns 21,092 shares of the technology company's stock worth $57,000 after purchasing an additional 7,108 shares during the period. New York State Common Retirement Fund increased its position in Baozun by 95.5% in the fourth quarter. New York State Common Retirement Fund now owns 23,914 shares of the technology company's stock worth $65,000 after buying an additional 11,683 shares during the period. State Street Corp bought a new stake in Baozun in the third quarter valued at $170,000. Arrowstreet Capital Limited Partnership bought a new stake in Baozun in the fourth quarter valued at $232,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Baozun by 77.4% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 92,523 shares of the technology company's stock valued at $252,000 after acquiring an additional 40,364 shares during the period. 47.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Baozun from a "hold" rating to a "buy" rating in a research note on Friday, March 21st.

Baozun Price Performance

Shares of BZUN traded down $0.04 during midday trading on Friday, reaching $2.38. The stock had a trading volume of 162,099 shares, compared to its average volume of 478,032. The company has a market capitalization of $146.52 million, a P/E ratio of -4.41 and a beta of 0.39. The firm's 50 day moving average price is $2.86 and its 200-day moving average price is $2.95. Baozun Inc. has a 52 week low of $2.11 and a 52 week high of $4.38.

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.