XTX Topco Ltd Takes Position in Baozun Inc. (NASDAQ:BZUN)

XTX Topco Ltd bought a new stake in Baozun Inc. (NASDAQ:BZUN) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 48,979 shares of the technology company’s stock, valued at approximately $175,000. XTX Topco Ltd owned 0.08% of Baozun at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in BZUN. Wolverine Trading LLC lifted its holdings in Baozun by 42.5% in the 3rd quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company’s stock worth $52,000 after buying an additional 4,545 shares in the last quarter. State Street Corp purchased a new stake in shares of Baozun during the third quarter worth about $170,000. Quadrature Capital Ltd acquired a new position in shares of Baozun in the third quarter worth about $148,000. Walleye Capital LLC boosted its holdings in Baozun by 203.4% in the third quarter. Walleye Capital LLC now owns 150,441 shares of the technology company’s stock valued at $539,000 after purchasing an additional 100,852 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Baozun during the 3rd quarter valued at approximately $353,000. 47.29% of the stock is owned by institutional investors and hedge funds.

Baozun Trading Up 2.6 %

Shares of BZUN opened at $3.13 on Friday. Baozun Inc. has a 52 week low of $1.90 and a 52 week high of $4.38. The firm has a market cap of $192.69 million, a price-to-earnings ratio of -5.80 and a beta of 0.32. The stock has a 50 day moving average of $2.90 and a 200-day moving average of $2.69.

Analyst Upgrades and Downgrades

BZUN has been the subject of several research analyst reports. CLSA cut Baozun from an “outperform” rating to a “hold” rating and reduced their target price for the company from $2.80 to $2.20 in a research note on Friday, August 30th. Citigroup increased their price objective on shares of Baozun from $3.90 to $4.20 and gave the company a “buy” rating in a research note on Tuesday, November 26th.

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.