Trek Financial LLC Invests $7.79 Million in Alibaba Group Holding Limited $BABA

Trek Financial LLC bought a new position in shares of Alibaba Group Holding Limited (NYSE:BABA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 43,608 shares of the specialty retailer’s stock, valued at approximately $7,794,000.

Other hedge funds have also bought and sold shares of the company. Mather Group LLC. bought a new position in shares of Alibaba Group during the 3rd quarter valued at approximately $30,000. NBT Bank N A NY increased its position in shares of Alibaba Group by 231.5% during the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 125 shares during the last quarter. Rosenberg Matthew Hamilton purchased a new stake in Alibaba Group during the 2nd quarter valued at $26,000. Richardson Financial Services Inc. boosted its stake in Alibaba Group by 34.4% during the third quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer’s stock worth $45,000 after buying an additional 65 shares during the period. Finally, JCIC Asset Management Inc. bought a new position in Alibaba Group during the third quarter valued at $53,000. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Alibaba Group Stock Down 2.2%

NYSE BABA traded down $3.83 during trading on Friday, reaching $173.35. 13,032,382 shares of the company’s stock traded hands, compared to its average volume of 13,648,914. Alibaba Group Holding Limited has a 12-month low of $86.48 and a 12-month high of $192.67. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market cap of $413.85 billion, a price-to-earnings ratio of 23.94, a price-to-earnings-growth ratio of 3.81 and a beta of 0.37. The company’s 50 day simple moving average is $156.97 and its two-hundred day simple moving average is $149.73.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Arete Research upgraded shares of Alibaba Group from a “neutral” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Wednesday. Barclays upped their target price on Alibaba Group from $190.00 to $195.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th. Loop Capital set a $140.00 price target on Alibaba Group in a report on Tuesday, January 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Alibaba Group in a report on Wednesday. Finally, Rosenblatt Securities set a $195.00 target price on Alibaba Group in a research note on Wednesday, November 26th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Alibaba Group has a consensus rating of “Moderate Buy” and a consensus price target of $192.72.

More Alibaba Group News

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

• Positive Sentiment: Arete Research upgraded BABA from Neutral to Buy and set a $190 price target; the upgrade triggered an intraday rally as investors responded to improved analyst conviction. Article Title
• Positive Sentiment: Reports that Alibaba is preparing to restructure and list its AI chip arm, T‑Head, have driven optimism that a spinoff/IPO could unlock value and position the company in the hot AI‑accelerator market — multiple outlets cite people familiar with the plan. Article Title
• Positive Sentiment: Brokerage coverage is tilted favorable: a consensus “Moderate Buy” from brokerages reinforces the bullish analyst tone and supports investor interest. Article Title
• Neutral Sentiment: Multiple news outlets reported the T‑Head IPO story and intraday share pops/pre‑market rallies; these are market‑reaction pieces rather than official filings — the long‑term impact depends on deal structure, timing and regulatory filings. Article Title

About Alibaba Group

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.