Alibaba Group Holding Limited $BABA Shares Acquired by Ethic Inc.

Ethic Inc. increased its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 35.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 41,585 shares of the specialty retailer’s stock after purchasing an additional 10,790 shares during the quarter. Ethic Inc.’s holdings in Alibaba Group were worth $4,472,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in BABA. Verus Capital Partners LLC bought a new position in shares of Alibaba Group in the 3rd quarter valued at about $417,000. Abacus Wealth Partners LLC acquired a new stake in shares of Alibaba Group during the 3rd quarter worth approximately $204,000. OPTIMAS CAPITAL Ltd acquired a new stake in shares of Alibaba Group during the 3rd quarter worth approximately $8,626,000. All Stars Investment Ltd raised its stake in shares of Alibaba Group by 67.2% during the third quarter. All Stars Investment Ltd now owns 11,200 shares of the specialty retailer’s stock worth $1,204,000 after buying an additional 4,500 shares during the last quarter. Finally, Alps Advisors Inc. raised its stake in shares of Alibaba Group by 53.6% during the third quarter. Alps Advisors Inc. now owns 15,577 shares of the specialty retailer’s stock worth $1,675,000 after buying an additional 5,437 shares during the last quarter. Institutional investors own 13.47% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Susquehanna increased their price objective on shares of Alibaba Group from $185.00 to $190.00 and gave the company a “positive” rating in a report on Friday, August 28th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $165.00 target price on shares of Alibaba Group in a report on Monday, September 7th. Citigroup upped their target price on shares of Alibaba Group from $190.00 to $193.00 and gave the company a “buy” rating in a research report on Thursday, October 8th. JPMorgan Chase & Co. dropped their target price on shares of Alibaba Group from $210.00 to $200.00 and set an “overweight” rating for the company in a research report on Monday, October 12th. Finally, Robert W. Baird cut their price target on Alibaba Group from $164.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Alibaba Group has a consensus rating of “Moderate Buy” and a consensus target price of $183.26.

Insider Activity at Alibaba Group

In other Alibaba Group news, CEO Yongming Wu acquired 350,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was acquired at an average cost of $14.24 per share, for a total transaction of $4,984,000.00. Following the transaction, the chief executive officer owned 1,364,418 shares of the company’s stock, valued at $19,429,312.32. This trade represents a 34.50% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joseph C. Tsai bought 720,000 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were acquired at an average cost of $14.29 per share, with a total value of $10,288,800.00. Following the completion of the purchase, the director owned 114,979,168 shares in the company, valued at $1,643,052,310.72. This represents a 0.63% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 999,971 shares of company stock valued at $13,563,304 over the last 90 days. Insiders own 12.50% of the company’s stock.

Alibaba Group Stock Performance

Shares of Alibaba Group stock opened at $102.67 on Wednesday. The stock’s fifty day simple moving average is $107.78 and its 200 day simple moving average is $124.35. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $255.43 billion, a PE ratio of 46.22, a PEG ratio of 1.36 and a beta of 0.44. Alibaba Group Holding Limited has a 12 month low of $91.99 and a 12 month high of $181.10.

Alibaba Group (NYSE:BABA) last posted its earnings results on Friday, August 14th. The specialty retailer reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.68). Alibaba Group had a net margin of 7.00% and a return on equity of 4.79%. The business had revenue of $39.64 billion during the quarter, compared to analyst estimates of $39.52 billion. During the same period in the previous year, the firm posted $14.75 earnings per share. The firm’s revenue was up 8.6% on a year-over-year basis. On average, research analysts predict that Alibaba Group Holding Limited will post 5.79 EPS for the current year.

Key Alibaba Group News

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

• Positive Sentiment: Alibaba said T-Head has approval to proceed with a spin-off and has confidentially filed to list in Hong Kong. A separate listing could give investors direct exposure to its data-center chip business and help highlight the value of Alibaba’s AI assets, though the reports provide no valuation or offering details. Reuters article: Alibaba chip unit T-Head files confidential Hong Kong IPO application
• Positive Sentiment: Alibaba is also drawing attention for providing cloud and AI infrastructure for the Dakar 2026 Summer Youth Olympic Games, a showcase that could support its cloud business and brand visibility. Yahoo Finance article: Alibaba Group Holding lands Olympic cloud deal
• Negative Sentiment: Investors may remain cautious ahead of the November 19 results. Recent coverage points to pressure on earnings from increased technology investment, alongside softer sentiment toward Chinese technology shares; results could clarify the effect of that spending on profitability. Quiver Quant article: Alibaba slides as investors turn cautious ahead of November 19 results

Alibaba Group Company Profile

Alibaba Group Holding Limited is a technology and commerce company founded in 1999 and headquartered in Hangzhou, China. It operates digital platforms that connect consumers, merchants, businesses and other participants in commerce. Its businesses include China-focused marketplaces such as Taobao and Tmall, international platforms including AliExpress and Alibaba.com, and Alibaba Cloud, which provides cloud computing and related technology services. The group also has operations in areas such as logistics, local services and digital media.