Formidable Asset Management LLC Purchases 11,663 Shares of Alibaba Group Holding Limited $BABA

Formidable Asset Management LLC grew its position in Alibaba Group Holding Limited (NYSE:BABA) by 23.9% during the 1st quarter, HoldingsChannel reports. The fund owned 60,442 shares of the specialty retailer’s stock after purchasing an additional 11,663 shares during the period. Alibaba Group comprises about 1.2% of Formidable Asset Management LLC’s investment portfolio, making the stock its 14th largest holding. Formidable Asset Management LLC’s holdings in Alibaba Group were worth $7,583,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Capital World Investors boosted its position in shares of Alibaba Group by 7.7% during the fourth quarter. Capital World Investors now owns 6,505,165 shares of the specialty retailer’s stock valued at $953,527,000 after buying an additional 466,847 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Alibaba Group by 7,680.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock worth $881,554,000 after buying an additional 5,936,847 shares during the period. Fisher Asset Management LLC raised its holdings in shares of Alibaba Group by 0.8% in the fourth quarter. Fisher Asset Management LLC now owns 5,335,894 shares of the specialty retailer’s stock worth $782,135,000 after buying an additional 42,297 shares during the period. Norges Bank bought a new stake in shares of Alibaba Group during the 4th quarter worth approximately $594,477,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Alibaba Group by 8.9% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,028,659 shares of the specialty retailer’s stock worth $362,582,000 after acquiring an additional 166,134 shares during the last quarter. 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:

• Negative Sentiment: Anthropic accused Alibaba of conducting a large-scale AI model extraction campaign, alleging misuse of fake accounts to access Claude capabilities; the claims raise reputational, legal, and regulatory risks for Alibaba’s cloud and AI business. Anthropic Claims Alibaba Ran ‘Brazen’ Campaign to Access Its Claude AI Model
• Negative Sentiment: Alibaba’s lawsuit against the U.S. Department of Defense over its China military blacklist designation keeps geopolitical and compliance concerns in focus for investors. Alibaba sues U.S. over Pentagon blacklist designation
• Neutral Sentiment: Alibaba filed June share issuance and buyback disclosures, which is routine corporate reporting but still relevant for tracking capital allocation and share count changes. Alibaba Files June Share Issuance and Buyback Disclosures in Hong Kong and U.S.
• Neutral Sentiment: Nomura cut its price target on Alibaba but kept a buy rating, signaling continued upside potential despite a more cautious near-term outlook. Nomura adjusts Alibaba price target to 178 from 207 maintains buy rating
• Negative Sentiment: Articles also pointed to tariff pressure, regulatory scrutiny, and broader geopolitical risks, reinforcing the bearish sentiment around BABA. Here’s How Trump’s Tariffs Could Impact Alibaba Stock

Analyst Upgrades and Downgrades

Several equities analysts have commented on BABA shares. Jefferies Financial Group cut their price objective on Alibaba Group from $225.00 to $212.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Argus upgraded Alibaba Group to a “hold” rating in a research report on Tuesday, March 24th. DZ Bank lowered shares of Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 target price for the company. in a research note on Friday, March 20th. Barclays boosted their target price on shares of Alibaba Group from $186.00 to $195.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alibaba Group in a research note on Wednesday, May 27th. Two 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $187.38.

Alibaba Group Trading Up 0.0%

NYSE BABA opened at $94.83 on Monday. Alibaba Group Holding Limited has a one year low of $91.99 and a one year high of $192.67. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market capitalization of $227.51 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 1.64 and a beta of 0.48. The company’s 50-day simple moving average is $125.73 and its two-hundred day simple moving average is $139.98.

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. Equities analysts forecast that Alibaba Group Holding Limited will post 6.69 EPS for the current fiscal year.

Alibaba Group Dividend Announcement

The firm also recently disclosed an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be paid a $1.05 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a yield of 93.0%. Alibaba Group’s payout ratio is 16.91%.

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.