Alibaba Group Holding Limited $BABA Shares Sold by Maytus Capital Management LLC

Key Points

• Maytus Capital Management cut its Alibaba stake by 45.8% in the fourth quarter, selling 34,594 shares and ending with 41,000 shares valued at about $6.0 million.
• Despite that sale, Alibaba continues to draw broad institutional and analyst support, with hedge fund ownership at 13.47% and Wall Street maintaining a Moderate Buy rating and average price target of $188.76.
• The company is also seeing major AI-related momentum, including new robot-focused AI models and reports of a higher-profile stake from Michael Burry, even as it faces regulatory and geopolitical risks from Pentagon blacklisting claims and scrutiny in China.

Maytus Capital Management LLC trimmed its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 45.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,000 shares of the specialty retailer's stock after selling 34,594 shares during the period. Alibaba Group makes up about 1.4% of Maytus Capital Management LLC's portfolio, making the stock its 29th biggest position. Maytus Capital Management LLC's holdings in Alibaba Group were worth $6,010,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. ARK Investment Management LLC acquired a new stake in Alibaba Group during the 3rd quarter valued at approximately $37,565,000. Great Hill Capital LLC acquired a new position in shares of Alibaba Group in the 3rd quarter valued at $2,207,000. Jennison Associates LLC lifted its stake in shares of Alibaba Group by 11.9% in the 4th quarter. Jennison Associates LLC now owns 54,235 shares of the specialty retailer's stock valued at $7,950,000 after purchasing an additional 5,760 shares during the period. Thornburg Investment Management Inc. lifted its stake in shares of Alibaba Group by 14.3% in the 3rd quarter. Thornburg Investment Management Inc. now owns 553,384 shares of the specialty retailer's stock valued at $98,906,000 after purchasing an additional 69,232 shares during the period. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of Alibaba Group in the 4th quarter valued at $21,266,000. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Alibaba Group from a "sell" rating to a "hold" rating in a research note on Saturday, May 23rd. Argus upgraded shares of Alibaba Group to a "hold" rating in a research note on Tuesday, March 24th. Morgan Stanley boosted their target price on shares of Alibaba Group from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Thursday, May 14th. Zacks Research upgraded shares of Alibaba Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Alibaba Group from $200.00 to $205.00 and gave the company an "overweight" rating in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $188.76.

Key Stories Impacting Alibaba Group

Here are the key news stories impacting Alibaba Group this week:

• Positive Sentiment: Alibaba unveiled a new suite of AI models built for robots, signaling it is moving beyond chatbots into “physical AI” and agents, which could open a new growth avenue in cloud and enterprise AI. Reuters: Alibaba unveils AI models for robots, amid shift from chatbots to agents
• Positive Sentiment: Reports that billionaire investor Michael Burry boosted his Alibaba stake added a confidence boost, with Burry reportedly calling Alibaba China’s “most advanced” AI company. Stocktwits article
• Positive Sentiment: Alibaba was also reported to be in talks to acquire Chinese grocery delivery company Pupu, which would expand its footprint in local commerce and grocery logistics. Retail Insight Network: Alibaba in talks to acquire Chinese grocery delivery company
• Neutral Sentiment: Several articles highlighted Alibaba’s push into robotics AI and SME support, reinforcing its strategic AI investment theme, but these announcements are more about long-term positioning than immediate financial impact. Yahoo Finance: Alibaba Unveils AI Models for Robots
• Negative Sentiment: Sentiment was hurt by news that the Pentagon blacklisted Alibaba over alleged ties to the Chinese military; although Alibaba denied the claims, the issue raises geopolitical and reputational risk for the stock. Yahoo Finance: Alibaba Group Holding Ltd (BABA): Looking Beyond Pentagon’s Black List
• Negative Sentiment: Chinese regulators publicly rebuked Alibaba and JD.com over alleged misleading discount practices during the 618 shopping festival, adding to regulatory overhang and pressure on consumer sentiment. Barchart: Beijing Rebukes Alibaba and JD.com Over Misleading Discount Practices

Alibaba Group Price Performance

Shares of NYSE BABA opened at $110.99 on Wednesday. The firm has a market cap of $266.28 billion, a PE ratio of 18.22, a PEG ratio of 1.93 and a beta of 0.48. The firm has a fifty day moving average of $129.65 and a 200 day moving average of $143.17. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. Alibaba Group Holding Limited has a one year low of $103.71 and a one year high of $192.67.

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 company had revenue of $35.30 billion during the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. As a group, research analysts predict that Alibaba Group Holding Limited will post 6.75 EPS for the current fiscal year.

Alibaba Group Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be issued a $1.05 dividend. This represents a yield of 93.0%. The ex-dividend date of this dividend is Thursday, June 11th. Alibaba Group's payout ratio is presently 16.91%.

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.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.