Quantinno Capital Management LP boosted its holdings in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 23.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,655 shares of the specialty retailer’s stock after buying an additional 22,798 shares during the period. Quantinno Capital Management LP’s holdings in Alibaba Group were worth $14,887,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also recently made changes to their positions in the stock. Hoey Investments Inc. boosted its holdings in shares of Alibaba Group by 95.2% in the first quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 100 shares during the period. Palisade Asset Management LLC bought a new stake in shares of Alibaba Group during the 3rd quarter valued at $37,000. Costello Asset Management INC purchased a new stake in Alibaba Group during the 4th quarter worth about $34,000. Palladiem LLC bought a new position in Alibaba Group in the 4th quarter worth about $38,000. Finally, Key Financial Inc boosted its stake in Alibaba Group by 316.9% in the 4th quarter. Key Financial Inc now owns 271 shares of the specialty retailer’s stock worth $40,000 after purchasing an additional 206 shares during the period. Hedge funds and other institutional investors own 13.47% of the company’s stock.
Insiders Place Their Bets
In other Alibaba Group news, CFO Hong Xu sold 175,054 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $12.15, for a total transaction of $2,126,906.10. Following the completion of the sale, the chief financial officer directly owned 280,496 shares in the company, valued at $3,408,026.40. This represents a 38.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Fan (Fj) Jiang sold 13,579 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $12.10, for a total value of $164,305.90. Following the transaction, the chief executive officer directly owned 556,617 shares in the company, valued at $6,735,065.70. This trade represents a 2.38% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 920,303 shares of company stock valued at $70,796,370 over the last three months. 12.50% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Check Out Our Latest Research Report on BABA
Alibaba Group Price Performance
BABA opened at $122.44 on Monday. The stock has a 50-day moving average price of $112.84 and a 200-day moving average price of $132.61. Alibaba Group Holding Limited has a 12-month low of $91.99 and a 12-month high of $192.67. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $293.48 billion, a P/E ratio of 20.10, a PEG ratio of 2.24 and a beta of 0.49.
Alibaba Group (NYSE:BABA – Get Free Report) last issued its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The business had revenue of $35.30 billion for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. Equities analysts predict that Alibaba Group Holding Limited will post 6.31 earnings per share for the current fiscal year.
Alibaba Group Dividend Announcement
The firm also recently announced an annual dividend, which was paid on Monday, July 13th. Investors of record on Thursday, June 11th were given a $1.05 dividend. This represents a yield of 93.0%. The ex-dividend date was Thursday, June 11th. Alibaba Group’s dividend payout ratio (DPR) is presently 16.91%.
Key Headlines Impacting Alibaba Group
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Moonshot reportedly built its Kimi AI models with access to a large Nvidia-chip cluster leased through Alibaba. The arrangement could support Alibaba Cloud revenue growth, improve data-center utilization and reinforce the company’s position as a leading Chinese AI-computing provider. Moonshot has Nvidia chip cluster from Alibaba computing deal
- Positive Sentiment: The Moonshot news boosted optimism that Alibaba’s AI spending can translate into commercial cloud demand, while broader strength in technology stocks provided a favorable backdrop for BABA. Alibaba’s AI Bet Is Powering a Rival
- Positive Sentiment: Erste Group Bank raised its Alibaba EPS forecasts to $5.84 for fiscal 2027 and $8.46 for fiscal 2028, up from previous estimates. The revisions signal improving expectations for Alibaba’s longer-term earnings power. Erste Group Bank raises Alibaba earnings estimates
- Neutral Sentiment: Alibaba’s AI customer is also an AI competitor, creating a trade-off: cloud usage generates revenue, but Moonshot and other customers could develop competing services that challenge Alibaba’s own AI offerings. Alibaba’s Biggest AI Customer Is Also Its Rival
- Negative Sentiment: Rosen Law Firm and Pomerantz separately announced investigations into potential securities claims involving allegedly misleading company information. These announcements do not establish wrongdoing, but they add legal and reputational risk for shareholders. Rosen Law Firm Alibaba investigation
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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