Walleye Capital LLC Has $833,000 Stock Position in Baozun Inc. (NASDAQ:BZUN)

Walleye Capital LLC raised its stake in Baozun Inc. (NASDAQ:BZUN - Free Report) by 103.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 306,091 shares of the technology company's stock after acquiring an additional 155,650 shares during the quarter. Walleye Capital LLC owned about 0.50% of Baozun worth $833,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Schroder Investment Management Group lifted its holdings in Baozun by 16.5% during the 4th quarter. Schroder Investment Management Group now owns 2,301,500 shares of the technology company's stock worth $6,352,000 after purchasing an additional 326,388 shares during the last quarter. Barclays PLC lifted its holdings in shares of Baozun by 2,153.5% during the third quarter. Barclays PLC now owns 160,000 shares of the technology company's stock worth $573,000 after buying an additional 152,900 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Baozun in the fourth quarter valued at about $232,000. Renaissance Technologies LLC grew its stake in shares of Baozun by 38.9% in the fourth quarter. Renaissance Technologies LLC now owns 273,053 shares of the technology company's stock valued at $743,000 after acquiring an additional 76,537 shares in the last quarter. Finally, State Street Corp bought a new position in Baozun during the third quarter worth about $170,000. 47.29% of the stock is currently owned by institutional investors and hedge funds.

Baozun Stock Down 1.3 %

BZUN stock opened at $2.20 on Tuesday. Baozun Inc. has a 52 week low of $2.11 and a 52 week high of $4.38. The business has a 50-day simple moving average of $2.97 and a 200 day simple moving average of $2.98. The company has a market cap of $135.44 million, a PE ratio of -4.07 and a beta of 0.39.

Wall Street Analysts Forecast Growth

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

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.

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