HighPoint Advisor Group LLC raised its position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 16.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,520 shares of the specialty retailer’s stock after buying an additional 4,509 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Alibaba Group were worth $5,634,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of BABA. Primecap Management Co. CA raised its stake in shares of Alibaba Group by 0.7% during the 2nd quarter. Primecap Management Co. CA now owns 20,764,276 shares of the specialty retailer’s stock worth $2,354,877,000 after acquiring an additional 140,579 shares in the last quarter. Fisher Asset Management LLC grew its holdings in Alibaba Group by 8.0% in the second quarter. Fisher Asset Management LLC now owns 5,267,441 shares of the specialty retailer’s stock worth $597,381,000 after purchasing an additional 390,883 shares during the last quarter. Norges Bank acquired a new position in shares of Alibaba Group during the second quarter worth $527,243,000. Discerene Group LP lifted its holdings in shares of Alibaba Group by 0.6% during the 2nd quarter. Discerene Group LP now owns 2,985,487 shares of the specialty retailer’s stock valued at $338,584,000 after purchasing an additional 18,400 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of Alibaba Group by 10.7% during the 2nd quarter. American Century Companies Inc. now owns 2,539,055 shares of the specialty retailer’s stock valued at $287,954,000 after purchasing an additional 245,970 shares during the last quarter. 13.47% of the stock is currently owned by institutional investors.
More Alibaba Group News
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba rolled out a cloud‑based AI suite and broadcast/analytics tools for the Milano‑Cortina 2026 Winter Olympics — a high‑profile showcase that can drive product credibility and customer wins for its cloud and AI services. From chatbots to replays: Alibaba rolls out AI suite for 2026 Winter Olympics
- Positive Sentiment: Company is aggressively subsidizing AI user growth (Lunar New Year campaigns totaling roughly $420–$432M reported) to scale its Qwen/chatbot ecosystem — this is growth‑oriented investment that could expand monetization long term. Alibaba Pledges $432 Million in Lunar New Year AI Subsidy War
- Positive Sentiment: Analysis of Alibaba’s in‑house AI processor highlights that applications and software are key to chip success — a favorable read for Alibaba’s integrated AI stack (chips + models + services). Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success
- Positive Sentiment: Robovan (an Alibaba unit) is reported to invest in Zelos Technology — a strategic move consistent with the company’s broader investments in autonomous/robotics areas. Alibaba Group Holding’s Robovan unit set to invest in Zelos Technology, WSJ reports
- Neutral Sentiment: SEC Form 6‑K filing shows minimal share issuance and confirms public float for January 2026 — reduces near‑term dilution worries but is not catalytic. Alibaba Reports Minimal Share Issuance and Confirms Public Float in January 2026 Monthly Return
- Neutral Sentiment: Analyst coverage and Street notes are mixed after a strong 1‑year rally and recent pullback; views differ on valuation and growth trajectory. Where is Alibaba Group Holding Limited (BABA) Headed According to the Street?
- Negative Sentiment: Market commentary (Zacks) highlights that BABA has dipped more than the broader market in the latest session — suggesting profit‑taking/short‑term technical weakness after the rally. Alibaba (BABA) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Wall Street Analysts Forecast Growth
Get Our Latest Stock Report on BABA
Alibaba Group Trading Down 2.9%
Shares of NYSE:BABA opened at $158.96 on Thursday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23. Alibaba Group Holding Limited has a 52-week low of $95.73 and a 52-week high of $192.67. The stock has a market cap of $379.50 billion, a price-to-earnings ratio of 21.96, a PEG ratio of 3.57 and a beta of 0.39. The business has a 50-day moving average price of $158.89 and a 200-day moving average price of $153.23.
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.
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