Zweig DiMenna Associates LLC Purchases Shares of 54,850 Alibaba Group Holding Limited $BABA

Zweig DiMenna Associates LLC acquired a new stake in Alibaba Group Holding Limited (NYSE:BABA) during the third quarter, Holdings Channel.com reports. The fund acquired 54,850 shares of the specialty retailer’s stock, valued at approximately $9,803,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Primecap Management Co. CA boosted its holdings in 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 during the last quarter. Fisher Asset Management LLC grew its holdings in shares of 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 valued at $597,381,000 after acquiring an additional 390,883 shares in the last quarter. Norges Bank bought a new stake in Alibaba Group during the second quarter worth $527,243,000. Discerene Group LP grew its stake in Alibaba Group by 0.6% in 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 period. Finally, American Century Companies Inc. increased its position 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 owned by hedge funds and other institutional investors.

More Alibaba Group News

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

• Positive Sentiment: Alibaba rolled out Qwen 3.5, a multimodal, agentic AI model that the company says improves performance and cost versus prior versions and rivals, offers open-weight and hosted API options, and supports agent frameworks — a clear strategic win for Alibaba’s AI monetization and cloud positioning. Alibaba unveils new Qwen3.5 model for ‘agentic AI era’
• Positive Sentiment: Analyst consensus sits at a “Moderate Buy,” which supports upside should AI product traction and cloud commercialization accelerate. Alibaba Group Holding Limited (NYSE:BABA) Receives Consensus Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: Brokers and market pieces continue to highlight Alibaba as an investable AI play but caution that ratings and headlines drive volatility; these analyst narratives may influence trading but don’t change fundamentals immediately. Brokers Suggest Investing in Alibaba (BABA)
• Negative Sentiment: Shares plunged after the Pentagon briefly named Alibaba on a list of firms allegedly aiding China’s military, then withdrew the listing minutes later — the episode caused acute market panic and regulatory uncertainty. Alibaba leads tech slide after Pentagon briefly shows blacklist
• Negative Sentiment: Market reaction: shares recently fell (reports cite a ~4–5% weekly decline) and retail sentiment has weakened, amplifying volatility even as AI progress is announced. Alibaba’s New AI Model Runs 8x Faster While Sentiment Hits 60.6

Alibaba Group Price Performance

Alibaba Group stock opened at $155.74 on Tuesday. The business has a 50-day simple moving average of $159.12 and a 200 day simple moving average of $155.72. 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 $371.81 billion, a price-to-earnings ratio of 21.51, a PEG ratio of 3.41 and a beta of 0.39. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23.

Analyst Upgrades and Downgrades

Several analysts have commented on BABA shares. Mizuho set a $195.00 price objective on shares of Alibaba Group in a research report on Wednesday, October 22nd. Barclays lifted their price target on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “overweight” rating in a report on Wednesday, November 26th. Jefferies Financial Group lowered their target price on Alibaba Group from $231.00 to $225.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Benchmark restated a “buy” rating and issued a $195.00 price objective on shares of Alibaba Group in a research note on Tuesday, November 25th. Finally, Wall Street Zen cut shares of Alibaba Group from a “hold” rating to a “sell” rating in a research note on Friday, November 28th. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $195.17.

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.