ProShare Advisors LLC lowered its holdings in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 29.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,634 shares of the specialty retailer’s stock after selling 20,372 shares during the period. ProShare Advisors LLC’s holdings in Alibaba Group were worth $5,230,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in BABA. Continuum Advisory LLC bought a new stake in Alibaba Group during the 2nd quarter worth about $28,000. GK Wealth Management LLC bought a new position in shares of Alibaba Group in the 3rd quarter valued at about $32,000. Latitude Advisors LLC acquired a new stake in shares of Alibaba Group in the third quarter valued at about $43,000. Global Assets Advisory LLC acquired a new stake in shares of Alibaba Group in the first quarter valued at about $56,000. Finally, Anchor Investment Management LLC raised its holdings in Alibaba Group by 28.2% during the first quarter. Anchor Investment Management LLC now owns 545 shares of the specialty retailer’s stock worth $68,000 after acquiring an additional 120 shares in the last quarter. Institutional investors own 13.47% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on BABA shares. Jefferies Financial Group reissued a “buy” rating and set a $192.00 price target on shares of Alibaba Group in a research report on Thursday, October 8th. HSBC set a $170.00 price objective on Alibaba Group in a research note on Thursday, July 9th. Susquehanna increased their price objective on Alibaba Group from $185.00 to $190.00 and gave the company a “positive” rating in a report on Friday, August 28th. JPMorgan Chase & Co. decreased 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 note on Monday, October 12th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $165.00 target price on shares of Alibaba Group in a report on Monday, September 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $182.89.
View Our Latest Stock Analysis on Alibaba Group
Key Alibaba Group News
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Qwen’s distribution test is moving to iPhones, potentially expanding its reach ahead of a planned public rollout in December. The test offers a path to more users, though undisclosed commercial terms leave the revenue impact uncertain. Alibaba Stocks Rise Nearly 5% as Qwen’s Distribution Test Moves to iPhones
- Neutral Sentiment: Alibaba Cloud signed an agentic AI agreement with Dubai Chamber of Digital Economy and is supplying cloud and AI technology for the 2026 Dakar Youth Olympics. These deals may showcase its capabilities, but the reports provide no financial terms or expected revenue. Alibaba Cloud signs agentic AI deal with Dubai Chamber of Digital Economy Alibaba brings cloud and AI technology to Dakar 2026 Youth Olympics
- Neutral Sentiment: A valuation article argues Alibaba’s retreat over the past year has made the stock look inexpensive, while highlighting regulatory pressure, AI and cloud spending, and sentiment toward Chinese equities as risks to the earnings-based case. Alibaba (BABA) Stock Looks Like a Bargain Despite Market Caution
- Negative Sentiment: Alibaba, Tencent and ByteDance reportedly ordered about six million Nvidia AI chips, but Chinese customers may receive only around 1% of their orders within four months. Limited access could hinder Alibaba’s AI and cloud expansion. Alibaba and Tencent Face Stunning Nvidia Chip Shortfall Despite Millions of Orders
Insider Buying and Selling at Alibaba Group
In other Alibaba Group news, Director Joseph C. Tsai purchased 720,000 shares of the business’s stock in a transaction on Monday, August 24th. The stock was acquired at an average price of $14.29 per share, with a total value of $10,288,800.00. Following the acquisition, the director directly owned 114,979,168 shares of the company’s stock, valued at $1,643,052,310.72. This trade represents a 0.63% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Hong Xu sold 103,046 shares of Alibaba Group stock in a transaction on Friday, September 25th. The stock was sold at an average price of $13.68, for a total transaction of $1,409,669.28. Following the transaction, the chief financial officer directly owned 406,450 shares of the company’s stock, valued at approximately $5,560,236. This trade represents a 20.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 999,971 shares of company stock worth $13,563,304 in the last three months. 12.50% of the stock is owned by insiders.
Alibaba Group Trading Up 5.0%
Shares of NYSE:BABA opened at $105.35 on Thursday. Alibaba Group Holding Limited has a 52-week low of $91.99 and a 52-week high of $181.10. The company has a market capitalization of $262.08 billion, a P/E ratio of 25.51, a price-to-earnings-growth ratio of 1.31 and a beta of 0.44. The company has a 50-day simple moving average of $108.65 and a 200 day simple moving average of $125.60. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.36 and a current ratio of 1.36.
Alibaba Group (NYSE:BABA – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The specialty retailer reported $1.26 earnings per share for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.68). The business had revenue of $39.64 billion for the quarter, compared to analyst estimates of $39.52 billion. Alibaba Group had a return on equity of 4.79% and a net margin of 7.00%. Alibaba Group’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the firm earned $14.75 EPS. Sell-side analysts forecast that Alibaba Group Holding Limited will post 5.76 earnings per share for the current year.
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 that connects consumers, merchants, brands and businesses through online marketplaces, technology platforms and related services.
The company’s China commerce businesses include Taobao, a consumer-focused marketplace, and Tmall, which enables brands and retailers to sell directly to consumers. Alibaba also operates 1688, a business-to-business wholesale marketplace.
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