Barclays PLC Purchases 152,900 Shares of Baozun Inc. (NASDAQ:BZUN)

Barclays PLC raised its position in Baozun Inc. (NASDAQ:BZUN) by 2,153.5% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 160,000 shares of the technology company’s stock after acquiring an additional 152,900 shares during the period. Barclays PLC’s holdings in Baozun were worth $573,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Wolverine Trading LLC raised its holdings in shares of Baozun by 42.5% in the third quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company’s stock valued at $52,000 after purchasing an additional 4,545 shares during the last quarter. QRG Capital Management Inc. bought a new position in Baozun in the third quarter valued at $50,000. PEAK6 Investments LLC increased its stake in Baozun by 29.9% in the 3rd quarter. PEAK6 Investments LLC now owns 78,070 shares of the technology company’s stock valued at $279,000 after buying an additional 17,970 shares during the last quarter. SG Americas Securities LLC bought a new stake in Baozun during the 3rd quarter worth about $69,000. Finally, Marshall Wace LLP acquired a new position in shares of Baozun during the 2nd quarter worth about $55,000. Institutional investors and hedge funds own 47.29% of the company’s stock.

Baozun Stock Down 3.1 %

Shares of Baozun stock opened at $2.77 on Friday. Baozun Inc. has a 12-month low of $1.90 and a 12-month high of $4.38. The business’s 50 day moving average is $2.77 and its 200-day moving average is $2.75. The stock has a market cap of $170.52 million, a P/E ratio of -5.13 and a beta of 0.31.

Wall Street Analysts Forecast Growth

Separately, Citigroup lifted their target price on Baozun from $3.90 to $4.20 and gave the company a “buy” rating in a research report on Tuesday, November 26th.

Baozun Profile

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.