Alibaba Group Holding Limited $BABA Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH cut its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 14.1% in the third quarter, HoldingsChannel reports. The firm owned 482,068 shares of the specialty retailer’s stock after selling 79,448 shares during the period. Allianz Asset Management GmbH’s holdings in Alibaba Group were worth $86,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Primecap Management Co. CA lifted its holdings in shares of Alibaba Group by 0.7% in the 2nd quarter. Primecap Management Co. CA now owns 20,764,276 shares of the specialty retailer’s stock valued at $2,354,877,000 after buying an additional 140,579 shares during the period. Fisher Asset Management LLC raised its position in Alibaba Group by 8.0% during the second quarter. Fisher Asset Management LLC now owns 5,267,441 shares of the specialty retailer’s stock valued at $597,381,000 after acquiring an additional 390,883 shares in the last quarter. Norges Bank purchased a new position in Alibaba Group during the second quarter valued at approximately $527,243,000. Discerene Group LP lifted its holdings in Alibaba Group by 0.6% in the second quarter. Discerene Group LP now owns 2,985,487 shares of the specialty retailer’s stock valued at $338,584,000 after acquiring an additional 18,400 shares during the period. Finally, American Century Companies Inc. boosted its position in Alibaba Group by 10.7% in the 2nd quarter. American Century Companies Inc. now owns 2,539,055 shares of the specialty retailer’s stock worth $287,954,000 after purchasing an additional 245,970 shares in the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Alibaba Group Stock Down 2.9%

BABA opened at $163.57 on Wednesday. The company has a market cap of $390.51 billion, a PE ratio of 22.59, a price-to-earnings-growth ratio of 3.67 and a beta of 0.39. Alibaba Group Holding Limited has a twelve month low of $95.73 and a twelve month high of $192.67. The company has a 50-day moving average price of $158.86 and a 200 day moving average price of $153.19. 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 committing large marketing and incentive budgets to grow users of its Qwen AI app during Lunar New Year, which could accelerate user acquisition and strengthen its consumer AI foothold. Alibaba to spend $431 million for Lunar New Year AI push as chatbot war heats up
• Positive Sentiment: Reporting highlights Alibaba’s broader AI and chip ambitions (new processor and Qwen model focus). Successful execution on AI chips and compelling apps would improve long‑term competitive positioning beyond pure marketing spend. Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success
• Neutral Sentiment: Subsidiary/strategic investments continue: reports say Alibaba’s Robovan unit is set to invest in Zelos Technology — a targeted deal that signals M&A/strategic deployment but is not clearly material to near‑term financials. Alibaba Group Holding’s Robovan unit set to invest in Zelos Technology, WSJ reports
• Negative Sentiment: Some market coverage flags the stock’s underperformance vs. the broader market today, reflecting investor caution that the sizable promotional outlays (≈3 billion yuan) may pressure near‑term margins and require measurable user monetization to justify the spend. Alibaba (BABA) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Analyst Upgrades and Downgrades

BABA has been the subject of several recent research reports. Wall Street Zen lowered shares of Alibaba Group from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Citigroup raised their price target on shares of Alibaba Group from $218.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, November 26th. Jefferies Financial Group cut their price objective on shares of Alibaba Group from $231.00 to $225.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Loop Capital set a $140.00 target price on shares of Alibaba Group in a research note on Tuesday, January 6th. Finally, Macquarie restated an “outperform” rating on shares of Alibaba Group in a research report on Tuesday, November 25th. Eighteen research 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $195.17.

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.