Elevated Private Wealth LLC Acquires 5,565 Shares of Alibaba Group Holding Limited $BABA

Elevated Private Wealth LLC raised its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 53.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,993 shares of the specialty retailer’s stock after acquiring an additional 5,565 shares during the period. Alibaba Group makes up 1.1% of Elevated Private Wealth LLC’s investment portfolio, making the stock its 23rd largest position. Elevated Private Wealth LLC’s holdings in Alibaba Group were worth $1,720,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BABA. Aureus Asset Management LLC increased its position in shares of Alibaba Group by 511.0% in the first quarter. Aureus Asset Management LLC now owns 9,361 shares of the specialty retailer’s stock worth $1,174,000 after purchasing an additional 7,829 shares during the last quarter. IPG Investment Advisors LLC increased its holdings in shares of Alibaba Group by 97.8% in the 2nd quarter. IPG Investment Advisors LLC now owns 17,019 shares of the specialty retailer’s stock worth $1,647,000 after buying an additional 8,415 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Alibaba Group by 24.5% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 259,580 shares of the specialty retailer’s stock worth $32,567,000 after buying an additional 51,000 shares during the last quarter. Kera Capital Partners Inc. purchased a new stake in shares of Alibaba Group during the 4th quarter valued at $3,807,000. Finally, Turn8 Private Wealth Inc. raised its position in shares of Alibaba Group by 70.3% during the 1st quarter. Turn8 Private Wealth Inc. now owns 37,324 shares of the specialty retailer’s stock valued at $4,683,000 after buying an additional 15,404 shares in the last quarter. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Key Alibaba Group News

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

• Positive Sentiment: Alibaba’s cloud business and China quick-commerce operations each grew approximately 45% year over year in the latest quarter. The company is repositioning itself around higher-margin cloud infrastructure and AI, with an ambitious goal of reaching 1 trillion RMB in cloud revenue by 2032. Alibaba: Enough Fuel To Power The Trillion-RMB Cloud Machine
• Positive Sentiment: China has approved Alibaba’s AI models for use in Apple Intelligence on iPhones and other Apple devices sold in China. The partnership could increase Qwen’s visibility, usage and monetization while strengthening Alibaba’s position in China’s AI ecosystem. Alibaba AI models cleared for use in Apple Intelligence in China
• Positive Sentiment: Analyst sentiment remains broadly favorable. Erste Group raised its Alibaba earnings estimates, while JPMorgan retained an Overweight rating and a $200 price target, implying substantial upside from recent levels despite reducing its previous target. Erste Group Bank Boosts Earnings Estimates for Alibaba Group Alibaba Stock Is Down 38% From Its 2025 High
• Positive Sentiment: Alibaba launched approximately $450 Qwen-branded AI smart glasses, expanding beyond e-commerce and cloud into consumer hardware and creating another potential channel for AI services. Alibaba unveils $450 AI glasses
• Neutral Sentiment: Alibaba registered 100 million shares for an equity incentive plan. The move may help attract and retain AI and cloud talent, but could also create potential dilution for existing shareholders. Alibaba Registers 100 Million Shares for 2024 Equity Incentive Plan
• Negative Sentiment: Investors remain concerned that heavy AI and data-center investment is increasing cash burn before the new businesses generate sufficient returns. Traditional e-commerce declined, and Alibaba’s latest reported EPS missed consensus despite revenue slightly exceeding estimates. Those concerns, along with a broader decline in U.S.-traded Asian ADRs, are weighing on BABA. Alibaba: Enough Fuel To Power The Trillion-RMB Cloud Machine

Insider Buying and Selling at Alibaba Group

In other Alibaba Group news, General Counsel Siying Yu sold 6,764 shares of the business’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $13.58, for a total value of $91,855.12. Following the completion of the sale, the general counsel owned 613,965 shares in the company, valued at approximately $8,337,644.70. The trade was a 1.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Yongming Wu acquired 350,000 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were bought at an average cost of $14.24 per share, with a total value of $4,984,000.00. Following the purchase, the chief executive officer owned 1,364,418 shares of the company’s stock, valued at approximately $19,429,312.32. This trade represents a 34.50% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold 999,971 shares of company stock worth $13,563,304 over the last quarter. Company insiders own 12.50% of the company’s stock.

Alibaba Group Trading Down 1.0%

Shares of NYSE:BABA traded down $1.06 on Thursday, reaching $110.11. 5,189,305 shares of the company traded hands, compared to its average volume of 11,552,165. The business’s 50-day simple moving average is $115.06 and its 200 day simple moving average is $119.21. Alibaba Group Holding Limited has a 52 week low of $91.99 and a 52 week high of $182.50. The stock has a market capitalization of $273.92 billion, a P/E ratio of 26.66, a price-to-earnings-growth ratio of 1.41 and a beta of 0.47. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.21.

Alibaba Group (NYSE:BABA) last released its quarterly earnings data on Friday, August 14th. The specialty retailer reported $1.26 EPS for the quarter, missing the consensus estimate of $1.94 by ($0.68). Alibaba Group had a return on equity of 4.79% and a net margin of 7.00%. The company had revenue of $39.64 billion during the quarter, compared to analysts’ expectations of $39.52 billion. During the same quarter in the prior year, the firm posted $14.75 EPS. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. As a group, equities analysts anticipate that Alibaba Group Holding Limited will post 5.89 EPS for the current fiscal year.

Analysts Set New Price Targets

BABA has been the subject of a number of research analyst reports. HSBC set a $170.00 price objective on shares of Alibaba Group in a report on Thursday, July 9th. Jefferies Financial Group restated a “buy” rating and issued a $192.00 target price on shares of Alibaba Group in a research report on Thursday, October 8th. Sanford C. Bernstein restated an “outperform” rating and issued a $165.00 target price on shares of Alibaba Group in a research report on Monday, September 7th. Barclays upped their target price on Alibaba Group from $195.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, August 21st. Finally, Nomura reduced their price target on shares of Alibaba Group from $207.00 to $178.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $182.89.

Alibaba Group Company Profile

Alibaba Group Holding Limited is a technology and commerce company founded in 1999 and headquartered in Hangzhou, China. It operates a broad digital ecosystem connecting consumers, merchants, brands and businesses through online marketplaces and related services.

The company’s China commerce businesses include Taobao and Tmall, while its international commerce operations include Alibaba.com, AliExpress, Lazada and Trendyol. Alibaba also provides logistics services through Cainiao, consumer services through platforms such as Ele.me and Freshippo, and digital media and entertainment offerings.

Alibaba Cloud provides cloud computing, data management, artificial intelligence and other technology services to businesses and organizations.