Kelleher Financial Advisors decreased its holdings in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 58.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,438 shares of the specialty retailer’s stock after selling 6,180 shares during the period. Kelleher Financial Advisors’ holdings in Alibaba Group were worth $477,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the business. Continuum Advisory LLC acquired a new stake in Alibaba Group in the second quarter valued at approximately $28,000. GK Wealth Management LLC acquired a new position in shares of Alibaba Group during the third quarter worth $32,000. Latitude Advisors LLC bought a new position in shares of Alibaba Group in the 3rd quarter valued at $43,000. Global Assets Advisory LLC bought a new position in shares of Alibaba Group in the 1st quarter valued at $56,000. Finally, Anchor Investment Management LLC lifted its stake in shares of Alibaba Group by 28.2% in the 1st quarter. Anchor Investment Management LLC now owns 545 shares of the specialty retailer’s stock valued at $68,000 after acquiring an additional 120 shares during the last quarter. Institutional investors and hedge funds own 13.47% of the company’s stock.
Insider Buying and Selling at Alibaba Group
In other Alibaba Group news, insider Fang Jiang sold 885,272 shares of the company’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $13.55, for a total value of $11,995,435.60. Following the sale, the insider owned 4,679,097 shares in the company, valued at approximately $63,401,764.35. The trade was a 15.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Joseph C. Tsai purchased 720,000 shares of Alibaba Group stock in a transaction on Monday, August 24th. The stock was bought at an average price of $14.29 per share, for a total transaction of $10,288,800.00. Following the transaction, the director directly owned 114,979,168 shares in the company, valued at approximately $1,643,052,310.72. The trade was a 0.63% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 999,971 shares of company stock worth $13,563,304 over the last 90 days. Company insiders own 12.50% of the company’s stock.
Alibaba Group Trading Up 5.0%
Shares of NYSE BABA opened at $105.35 on Thursday. The firm has a 50 day moving average price of $108.65 and a two-hundred day moving average price of $125.60. The stock has a market cap 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. Alibaba Group Holding Limited has a 52-week low of $91.99 and a 52-week high of $181.10. 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 issued its quarterly earnings results on Friday, August 14th. The specialty retailer reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.68). Alibaba Group had a return on equity of 4.79% and a net margin of 7.00%. The business had revenue of $39.64 billion for the quarter, compared to analyst estimates of $39.52 billion. During the same quarter last year, the firm posted $14.75 EPS. Alibaba Group’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, equities analysts forecast that Alibaba Group Holding Limited will post 5.76 EPS for the current year.
Wall Street Analyst Weigh In
BABA has been the topic of several recent research reports. Jefferies Financial Group reissued a “buy” rating and set a $192.00 price objective on shares of Alibaba Group in a report on Thursday, October 8th. Barclays upped their target price on Alibaba Group from $195.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, August 21st. Susquehanna increased their target price on Alibaba Group from $185.00 to $190.00 and gave the company a “positive” rating in a research report on Friday, August 28th. HSBC set a $170.00 target price on Alibaba Group in a research report on Thursday, July 9th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $165.00 price target on shares of Alibaba Group in a research note on Monday, September 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $182.89.
Check Out Our Latest Report 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
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.
Read More
- Five stocks we like better than Alibaba Group
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Want to see what other hedge funds are holding BABA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alibaba Group Holding Limited (NYSE:BABA – Free Report).
Receive News & Ratings for Alibaba Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alibaba Group and related companies with MarketBeat.com's FREE daily email newsletter.
