Wenbin Qiu Buys 11,600 Shares of Baozun (NASDAQ:BZUN) Stock

Key Points

• CEO Wenbin Qiu purchased 11,600 shares of Baozun on April 8 at an average price of $2.58, bringing his total holdings to 1,341,722 shares valued at about $3.46 million (a 0.87% increase).
• Qiu also bought 12,000 shares on April 7 at $2.51, so he acquired 23,600 shares over two days for a combined cost of roughly $60,048.
• Baozun trades near $2.54 (50-day MA $2.50, 200-day MA $2.92) with a market cap of about $146.9 million; analysts' consensus is "Reduce" (one Hold, one Sell), and institutions own 47.29% of the stock.

Baozun Inc. (NASDAQ:BZUN - Get Free Report) CEO Wenbin Qiu acquired 11,600 shares of the business's stock in a transaction on Wednesday, April 8th. The shares were purchased at an average price of $2.58 per share, with a total value of $29,928.00. Following the completion of the purchase, the chief executive officer owned 1,341,722 shares in the company, valued at $3,461,642.76. This represents a 0.87% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Tuesday, April 7th, Wenbin Qiu acquired 12,000 shares of Baozun stock. The shares were purchased at an average price of $2.51 per share, with a total value of $30,120.00.

Baozun Trading Up 2.8%

NASDAQ:BZUN opened at $2.54 on Thursday. Baozun Inc. has a 12 month low of $2.07 and a 12 month high of $4.88. The stock has a 50 day moving average of $2.50 and a two-hundred day moving average of $2.92. The firm has a market cap of $146.94 million, a P/E ratio of -4.38 and a beta of 0.40.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on BZUN. Weiss Ratings restated a "sell (d-)" rating on shares of Baozun in a research report on Wednesday, January 21st. Zacks Research upgraded Baozun to a "hold" rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Baozun currently has a consensus rating of "Reduce".

Institutional Investors Weigh In On Baozun

A number of large investors have recently made changes to their positions in BZUN. Jump Financial LLC purchased a new position in Baozun in the fourth quarter worth approximately $158,000. Russell Investments Group Ltd. grew its position in Baozun by 81.4% in the fourth quarter. Russell Investments Group Ltd. now owns 28,760 shares of the technology company's stock worth $75,000 after acquiring an additional 12,907 shares during the period. Jane Street Group LLC grew its position in Baozun by 226.5% in the fourth quarter. Jane Street Group LLC now owns 54,423 shares of the technology company's stock worth $145,000 after acquiring an additional 37,755 shares during the period. Mackenzie Financial Corp purchased a new position in Baozun in the third quarter worth approximately $102,000. Finally, BNP Paribas Financial Markets grew its position in Baozun by 51.8% in the second quarter. BNP Paribas Financial Markets now owns 31,043 shares of the technology company's stock worth $78,000 after acquiring an additional 10,594 shares during the period. 47.29% of the stock is currently owned by hedge funds and other institutional investors.

Baozun Company Profile

Baozun Inc is a leading pure-play e-commerce solutions provider based in Shanghai, China. The company specializes in helping global and domestic brands establish and manage their online stores across major Chinese platforms, including Tmall, JD.com, and WeChat. By offering a one-stop service model, Baozun enables brand owners to outsource the complexities of digital retail operations and focus on product development and customer engagement.

The company's suite of services encompasses store design and setup, digital marketing and promotion, technology integration, order fulfillment, warehousing and logistics, customer care, and data analytics.

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