Strs Ohio Reduces Stock Position in Alibaba Group Holding Limited $BABA

Strs Ohio reduced its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 3.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 465,260 shares of the specialty retailer’s stock after selling 14,455 shares during the period. Strs Ohio’s holdings in Alibaba Group were worth $83,156,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. purchased a new stake in Alibaba Group in the third quarter worth about $30,000. NBT Bank N A NY grew its holdings in shares of Alibaba Group by 231.5% during the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 125 shares during the period. Rosenberg Matthew Hamilton bought a new position in shares of Alibaba Group in the 2nd quarter worth approximately $26,000. Richardson Financial Services Inc. lifted its stake in shares of Alibaba Group by 34.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 65 shares during the period. Finally, JCIC Asset Management Inc. purchased a new stake in Alibaba Group in the third quarter worth $53,000. 13.47% of the stock is currently owned by institutional investors.

Alibaba Group Price Performance

Shares of Alibaba Group stock opened at $177.46 on Friday. The stock’s 50-day simple moving average is $156.58 and its 200-day simple moving average is $149.26. Alibaba Group Holding Limited has a 52 week low of $84.96 and a 52 week high of $192.67. The company has a market capitalization of $423.67 billion, a price-to-earnings ratio of 24.51, a PEG ratio of 3.63 and a beta of 0.37. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23.

Alibaba Group News Summary

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

• Positive Sentiment: Alibaba is preparing an IPO for its AI chipmaking arm, T-Head, restructuring it into a standalone unit (with partial employee ownership) before a potential listing — a move investors view as value-unlocking and timely given strong demand for AI chip plays. Read More.
• Positive Sentiment: Reports say Alibaba formed or plans a JV with state-owned CNNC to secure nuclear power for its AI/data center operations — this addresses the energy needs and cost/availability risks of large-scale AI workloads. Read More.
• Positive Sentiment: Analyst sentiment is turning more bullish: Arete Research upgraded BABA to a “buy” with a $190 target, reinforcing the positive narrative around growth and AI investments. Read More.
• Neutral Sentiment: Industry context: Chinese tech peers are aggressively building AI-powered “agentic commerce” super?apps — a structural trend that benefits Alibaba but also intensifies competition. Read More.
• Neutral Sentiment: Details on the planned T-Head spinout include internal restructuring and employee ownership plans ahead of any IPO — positive for alignment but adds execution and timing risk. Read More.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Wall Street Zen lowered Alibaba Group from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Benchmark reiterated a “buy” rating and issued a $195.00 target price on shares of Alibaba Group in a research note on Tuesday, November 25th. Mizuho set a $195.00 target price on Alibaba Group in a research note on Wednesday, October 22nd. Freedom Capital lowered Alibaba Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Finally, Citigroup upped their price target on Alibaba Group from $218.00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Eighteen analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Alibaba Group has an average rating of “Moderate Buy” and an average target price of $192.72.

About Alibaba Group

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.