TrueWealth Financial Partners Buys New Holdings in Alibaba Group Holding Limited $BABA

TrueWealth Financial Partners purchased a new position in Alibaba Group Holding Limited (NYSE:BABA) in the first quarter, Holdings Channel reports. The fund purchased 4,744 shares of the specialty retailer’s stock, valued at approximately $595,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BABA. Orographic Financial Advisors LLC purchased a new stake in shares of Alibaba Group in the 1st quarter valued at approximately $265,000. Genesis Financial Group LLC raised its holdings in shares of Alibaba Group by 33.3% in the 1st quarter. Genesis Financial Group LLC now owns 14,735 shares of the specialty retailer’s stock valued at $1,849,000 after purchasing an additional 3,680 shares in the last quarter. Centaurus Financial Inc. lifted its position in shares of Alibaba Group by 115.8% during the 1st quarter. Centaurus Financial Inc. now owns 10,599 shares of the specialty retailer’s stock worth $1,330,000 after purchasing an additional 5,688 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of Alibaba Group by 14.5% during the 1st quarter. Arkadios Wealth Advisors now owns 29,753 shares of the specialty retailer’s stock worth $3,733,000 after purchasing an additional 3,763 shares during the last quarter. Finally, IFS Group LLC acquired a new position in shares of Alibaba Group during the first quarter worth $442,000. Institutional investors and hedge funds own 13.47% of the company’s stock.

Alibaba Group Trading Up 1.0%

NYSE BABA opened at $116.19 on Friday. The firm’s fifty day moving average price is $112.99 and its 200 day moving average price is $132.92. Alibaba Group Holding Limited has a 12 month low of $91.99 and a 12 month high of $192.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.28. The company has a market capitalization of $278.50 billion, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 2.12 and a beta of 0.51.

Alibaba Group (NYSE:BABA) last announced its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The firm had revenue of $35.30 billion during the quarter. On average, sell-side analysts expect that Alibaba Group Holding Limited will post 6.28 earnings per share for the current fiscal year.

Alibaba Group Dividend Announcement

The company also recently announced an annual dividend, which was paid on Monday, July 13th. Stockholders of record on Thursday, June 11th were given a dividend of $1.05 per share. The ex-dividend date was Thursday, June 11th. This represents a dividend yield of 93.0%. Alibaba Group’s payout ratio is 16.91%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BABA shares. Morgan Stanley increased their target price on Alibaba Group from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Barclays lifted their price target on Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Nomura lowered their price objective on Alibaba Group from $207.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, June 25th. Wall Street Zen upgraded Alibaba Group from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Finally, Zacks Research raised Alibaba Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $186.90.

Alibaba Group News Roundup

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

• Positive Sentiment: Wall Street analysts maintain an average Buy recommendation for Alibaba. While the consensus may be overly optimistic, the rating provides a supportive backdrop and suggests analysts see upside from current levels. Is Alibaba a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: A valuation analysis estimated that Alibaba could be approximately 41% undervalued based on discounted cash flow assumptions. The analysis suggests the market may already be pricing in substantial pessimism, including potential European Union regulatory fines. Alibaba Stock May Be 41% Undervalued
• Positive Sentiment: Jack Ma-backed OceanBase is reportedly seeking as much as $443 million to fund expansion in AI database services. Additional capital could help the Alibaba-linked business operate more independently and strengthen Alibaba’s broader AI and cloud ecosystem. Jack Ma-Backed OceanBase Seeks Funding for AI Push
• Neutral Sentiment: Alibaba advanced but continued to trail the broader market during the latest session, indicating that positive trading momentum has not yet translated into a clear change in its relative performance. Alibaba Ascends but Remains Behind Market
• Negative Sentiment: Analysts have highlighted weakening cash flow as a risk, with heavy spending on AI, cloud computing and quick-commerce investments outpacing cash generation despite improving cloud revenue. This could constrain returns and weigh on long-term growth if investment does not produce stronger profits. Will Alibaba’s Cash Flow Weakness Hurt Growth?
• Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Alibaba investors. Although no findings or liability were established, the investigation adds legal and headline risk to the shares. Pomerantz Investor Alert

Insiders Place Their Bets

In related news, insider Fang Jiang sold 4,898 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $12.09, for a total transaction of $59,216.82. Following the transaction, the insider owned 5,559,511 shares in the company, valued at $67,214,487.99. This trade represents a 0.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 Alibaba Group stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $94.95, for a total value of $68,364,000.00. Following the transaction, the president directly owned 28,000 shares in the company, valued at approximately $2,658,600. This trade represents a 96.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 920,303 shares of company stock worth $70,796,370. Corporate insiders own 12.50% of the company’s stock.

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.