Maytree Asset Management Ltd increased its stake in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 78.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 50,832 shares of the specialty retailer’s stock after purchasing an additional 22,365 shares during the quarter. Alibaba Group comprises about 8.2% of Maytree Asset Management Ltd’s holdings, making the stock its 3rd largest position. Maytree Asset Management Ltd’s holdings in Alibaba Group were worth $9,085,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC increased its position in shares of Alibaba Group by 40.4% during the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock valued at $289,000 after buying an additional 981 shares during the period. AQR Capital Management LLC purchased a new position in Alibaba Group during the first quarter valued at approximately $254,000. Fifth Third Bancorp increased its holdings in Alibaba Group by 1.0% during the 2nd quarter. Fifth Third Bancorp now owns 9,779 shares of the specialty retailer’s stock worth $1,109,000 after acquiring an additional 94 shares during the period. CX Institutional lifted its stake in Alibaba Group by 11.1% in the 2nd quarter. CX Institutional now owns 2,251 shares of the specialty retailer’s stock worth $255,000 after purchasing an additional 224 shares in the last quarter. Finally, Kathmere Capital Management LLC boosted its holdings in Alibaba Group by 10.7% in the 2nd quarter. Kathmere Capital Management LLC now owns 10,136 shares of the specialty retailer’s stock valued at $1,150,000 after purchasing an additional 977 shares during the period. 13.47% of the stock is currently owned by institutional investors.
Alibaba Group Price Performance
Shares of Alibaba Group stock opened at $173.35 on Friday. The business’s 50-day moving average price is $156.97 and its 200-day moving average price is $150.02. The firm has a market capitalization of $413.85 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 3.73 and a beta of 0.37. Alibaba Group Holding Limited has a 12 month low of $86.48 and a 12 month high of $192.67. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.23.
Key Alibaba Group News
- Positive Sentiment: Arete Research upgraded BABA from Neutral to Buy and set a $190 price target; the upgrade triggered an intraday rally as investors responded to improved analyst conviction. Article Title
- Positive Sentiment: Reports that Alibaba is preparing to restructure and list its AI chip arm, T‑Head, have driven optimism that a spinoff/IPO could unlock value and position the company in the hot AI‑accelerator market — multiple outlets cite people familiar with the plan. Article Title
- Positive Sentiment: Brokerage coverage is tilted favorable: a consensus “Moderate Buy” from brokerages reinforces the bullish analyst tone and supports investor interest. Article Title
- Neutral Sentiment: Multiple news outlets reported the T‑Head IPO story and intraday share pops/pre‑market rallies; these are market‑reaction pieces rather than official filings — the long‑term impact depends on deal structure, timing and regulatory filings. Article Title
Analysts Set New Price Targets
Several research firms have recently weighed in on BABA. Rosenblatt Securities set a $195.00 price target on shares of Alibaba Group in a report on Wednesday, November 26th. Citigroup upped their target price on Alibaba Group from $218.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Sanford C. Bernstein dropped their price target on Alibaba Group from $200.00 to $190.00 and set an “outperform” rating for the company in a research report on Wednesday, November 26th. Erste Group Bank upgraded shares of Alibaba Group from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Zacks Research downgraded shares of Alibaba Group from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Alibaba Group presently has an average rating of “Moderate Buy” and an average target price of $192.72.
Check Out Our Latest Stock Report on BABA
Alibaba Group 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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