Sterneck Capital Management LLC Sells 6,089 Shares of Alibaba Group Holding Limited $BABA

Sterneck Capital Management LLC lessened its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 65.9% during the third quarter, Holdings Channel.com reports. The firm owned 3,151 shares of the specialty retailer’s stock after selling 6,089 shares during the quarter. Sterneck Capital Management LLC’s holdings in Alibaba Group were worth $563,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in BABA. IRON Financial LLC bought a new position in shares of Alibaba Group during the third quarter valued at about $283,000. Redwood Wealth Management Group LLC grew its stake in shares of Alibaba Group by 6.9% in the 3rd quarter. Redwood Wealth Management Group LLC now owns 5,900 shares of the specialty retailer’s stock worth $1,055,000 after buying an additional 381 shares during the last quarter. ORG Partners LLC raised its holdings in Alibaba Group by 22.3% in the third quarter. ORG Partners LLC now owns 516 shares of the specialty retailer’s stock worth $92,000 after buying an additional 94 shares during the last quarter. ORG Wealth Partners LLC boosted its position in shares of Alibaba Group by 1.4% during the third quarter. ORG Wealth Partners LLC now owns 11,136 shares of the specialty retailer’s stock valued at $1,990,000 after buying an additional 150 shares during the last quarter. Finally, FengHe Fund Management Pte. Ltd. raised its stake in Alibaba Group by 175.6% during the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 131,200 shares of the specialty retailer’s stock valued at $23,449,000 after buying an additional 83,600 shares during the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BABA. Robert W. Baird increased their price target on Alibaba Group from $153.00 to $174.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 24th. Benchmark reissued a “buy” rating and set a $195.00 price target on shares of Alibaba Group in a research report on Tuesday, November 25th. Wall Street Zen lowered Alibaba Group from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Bank of America increased their price target on shares of Alibaba Group from $168.00 to $195.00 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Alibaba Group in a report on Wednesday, October 8th. Seventeen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $191.84.

Alibaba Group Stock Down 2.3%

Shares of NYSE BABA opened at $150.93 on Monday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $360.14 billion, a price-to-earnings ratio of 20.85, a price-to-earnings-growth ratio of 2.34 and a beta of 0.37. The firm has a 50-day moving average price of $155.81 and a 200 day moving average price of $146.22. Alibaba Group Holding Limited has a 52 week low of $80.06 and a 52 week high of $192.67.

Alibaba Group News Summary

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Reports that Beijing is moving toward approving NVIDIA H200 imports bolstered hopes Alibaba can secure advanced AI chips for Alibaba Cloud and generative‑AI initiatives; traders lifted the stock on that news. Alibaba Steps Up AI Race With Potential Nvidia Mega Order
• Positive Sentiment: Coverage highlighting Alibaba’s positioning as an emerging‑markets leader and its AI/cloud investments framed the H200 access story as a meaningful catalyst for longer‑term growth. If Emerging Markets Outperform, This Stock Could Lead the Charge (MarketBeat)
• Positive Sentiment: Technical commentary (Barron’s) showing bullish chart patterns reinforced buyer interest after the recent rebound off the ~$150 support area. Chinese Stock Charts Reach a Turning Point (Barron’s)
• Neutral Sentiment: Morgan Stanley trimmed its price target (from $200 to $180) but kept an overweight rating — a mixed signal that reduces upside math while leaving institutional conviction intact. Finviz (Morgan Stanley price target note)
• Neutral Sentiment: Macro/legal overhangs could still matter: a Supreme Court decision on tariffs and ongoing trade policy uncertainty are being watched for potential cost or access impacts on cross‑border chip flows. Wall Street Breakfast Podcast: Tariffs On Decision Watch (Seeking Alpha)
• Negative Sentiment: Two major banks recently slashed their price targets on Alibaba, which pressured sentiment and reduces analyst‑driven upside expectations in the near term. Alibaba (BABA) Stock: Why Two Major Banks Just Slashed Their Price Targets
• Negative Sentiment: Freedom Capital cut BABA to a hold, and there are fresh investor‑class action inquiries (Pomerantz), adding legal and sentiment risk that can weigh on the stock until resolved. Alibaba Group (NYSE:BABA) Cut to Hold at Freedom Capital Pomerantz investor investigation

Alibaba Group Company Profile

Alibaba Group Holding Limited is a Chinese multinational conglomerate founded in 1999 in Hangzhou, China, by Jack Ma and a group of co‑founders. The company built its business around internet-based commerce and related services and has grown into one of the largest e-commerce and technology companies in the world. Alibaba completed a high‑profile initial public offering on the New York Stock Exchange in 2014.

The company operates a portfolio of online marketplaces and platforms serving different customer segments: Alibaba.com for global and domestic B2B trade, Taobao for consumer-to-consumer shopping, and Tmall for brand and retailer storefronts targeted at Chinese consumers.