Strs Ohio decreased its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 3.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 465,260 shares of the specialty retailer’s stock after selling 14,455 shares during the quarter. Strs Ohio’s holdings in Alibaba Group were worth $83,156,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of BABA. Verde Servicos Internacionais S.A. raised its holdings in shares of Alibaba Group by 6.9% in the second quarter. Verde Servicos Internacionais S.A. now owns 67,773 shares of the specialty retailer’s stock valued at $7,686,000 after acquiring an additional 4,373 shares in the last quarter. NTV Asset Management LLC lifted its position in shares of Alibaba Group by 127.4% in the 3rd quarter. NTV Asset Management LLC now owns 15,143 shares of the specialty retailer’s stock worth $2,707,000 after purchasing an additional 8,484 shares during the period. Ninety One UK Ltd purchased a new stake in shares of Alibaba Group in the 2nd quarter worth approximately $15,318,000. Marex Group plc purchased a new position in Alibaba Group during the second quarter valued at approximately $17,139,000. Finally, Y Intercept Hong Kong Ltd raised its stake in Alibaba Group by 197.0% in the second quarter. Y Intercept Hong Kong Ltd now owns 34,225 shares of the specialty retailer’s stock worth $3,881,000 after buying an additional 22,701 shares in the last quarter. 13.47% of the stock is owned by institutional investors.
Alibaba Group Trading Up 5.2%
BABA opened at $177.46 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.46 and a quick ratio of 1.46. The company’s 50 day simple moving average is $156.58 and its two-hundred day simple moving average is $149.26. The firm has a market capitalization of $423.67 billion, a price-to-earnings ratio of 24.51, a price-to-earnings-growth ratio of 3.63 and a beta of 0.37. Alibaba Group Holding Limited has a 1-year low of $84.96 and a 1-year high of $192.67.
Trending Headlines about Alibaba Group
- 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.
Wall Street Analysts Forecast Growth
BABA has been the topic of a number of analyst reports. Citigroup lifted 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. 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. Loop Capital set a $140.00 price target on Alibaba Group in a research report on Tuesday, January 6th. Erste Group Bank upgraded Alibaba Group from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Sanford C. Bernstein reduced their price target on Alibaba Group from $200.00 to $190.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. Eighteen research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $192.72.
Get Our Latest Stock Report on Alibaba Group
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.
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