Rep. Josh Gottheimer Sells Alibaba Group Holding Limited (NYSE:BABA) Stock

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Alibaba Group Holding Limited (NYSE:BABA). In a filing disclosed on July 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alibaba Group stock on June 1st. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Nintendo (OTCMKTS:NTDOY) on 6/17/2026.
  • Sold $1,001 – $15,000 in shares of Insmed (NASDAQ:INSM) on 6/10/2026.
  • Sold $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 6/1/2026.
  • Sold $1,001 – $15,000 in shares of Novozymes A/S (OTCMKTS:NVZMY) on 6/1/2026.
  • Sold $1,001 – $15,000 in shares of Nestle (OTCMKTS:NSRGY) on 6/1/2026.
  • Sold $1,001 – $15,000 in shares of Booking (NASDAQ:BKNG) on 6/1/2026.
  • Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 5/27/2026.
  • Purchased $1,001 – $15,000 in shares of Lumentum (NASDAQ:LITE) on 5/22/2026.
  • Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 5/22/2026.
  • Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 5/21/2026.

Alibaba Group Trading Up 11.0%

NYSE:BABA opened at $108.97 on Thursday. Alibaba Group Holding Limited has a 52-week low of $91.99 and a 52-week high of $192.67. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. The stock has a fifty day simple moving average of $119.65 and a 200-day simple moving average of $136.92. The company has a market capitalization of $261.61 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 1.81 and a beta of 0.51.

Alibaba Group (NYSE:BABAGet Free Report) last announced its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The company had revenue of $35.30 billion during the quarter. On average, equities research analysts expect that Alibaba Group Holding Limited will post 6.26 earnings per share for the current fiscal year.

Alibaba Group Announces Dividend

The company also recently declared an annual dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, June 11th will be given a $1.05 dividend. The ex-dividend date is Thursday, June 11th. This represents a dividend yield of 93.0%. Alibaba Group’s dividend payout ratio (DPR) is currently 16.91%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on BABA shares. JPMorgan Chase & Co. lifted their price objective on Alibaba Group from $200.00 to $205.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Argus raised Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Susquehanna increased their price objective on Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a research note on Friday, May 15th. Mizuho boosted their target price on shares of Alibaba Group from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Finally, Morgan Stanley raised their price target on shares of Alibaba Group from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.38.

Read Our Latest Stock Analysis on BABA

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Ameriflex Group Inc. lifted its holdings in Alibaba Group by 101.4% in the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer’s stock worth $26,000 after buying an additional 72 shares in the last quarter. Hoey Investments Inc. boosted its holdings in shares of Alibaba Group by 95.2% in the 1st quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 100 shares during the period. Costello Asset Management INC acquired a new stake in Alibaba Group in the fourth quarter worth $34,000. Palisade Asset Management LLC bought a new stake in shares of Alibaba Group during the third quarter valued at approximately $37,000. Finally, Palladiem LLC acquired a new stake in Alibaba Group in the fourth quarter worth about $38,000. 13.47% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Alibaba Group news, CFO Hong Xu sold 175,054 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $12.15, for a total value of $2,126,906.10. Following the transaction, the chief financial officer owned 280,496 shares of the company’s stock, valued at approximately $3,408,026.40. This represents a 38.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President J. Michael Evans sold 720,000 shares of the stock in a transaction on Monday, June 29th. The shares were sold at an average price of $94.95, for a total value of $68,364,000.00. Following the completion of the transaction, the president owned 28,000 shares of the company’s stock, valued at $2,658,600. This trade represents a 96.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 920,303 shares of company stock valued at $70,796,370 over the last 90 days. Corporate insiders own 12.50% of the company’s stock.

Key Alibaba Group News

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

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Alibaba Group

(Get Free Report)

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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