Alibaba Group Holding Limited $BABA Stake Lowered by ARGA Investment Management LP

ARGA Investment Management LP lessened its holdings in Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 869,421 shares of the specialty retailer's stock after selling 10,142 shares during the quarter. Alibaba Group makes up about 2.4% of ARGA Investment Management LP's investment portfolio, making the stock its 13th largest holding. ARGA Investment Management LP's holdings in Alibaba Group were worth $93,498,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of BABA. Gerber Kawasaki Wealth & Investment Management acquired a new position in shares of Alibaba Group during the third quarter valued at $234,000. Summit Wealth Group LLC Co. bought a new stake in shares of Alibaba Group during the 3rd quarter worth about $398,000. Trek Financial LLC lifted its stake in shares of Alibaba Group by 12.8% in the 3rd quarter. Trek Financial LLC now owns 94,364 shares of the specialty retailer's stock worth $10,148,000 after acquiring an additional 10,713 shares during the period. Bank Julius Baer & Co. Ltd Zurich lifted its stake in shares of Alibaba Group by 4.3% in the 3rd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 29,045 shares of the specialty retailer's stock worth $3,124,000 after acquiring an additional 1,200 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Alibaba Group in the 3rd quarter worth approximately $12,327,000. Institutional investors own 13.47% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Benchmark reiterated a "buy" rating on shares of Alibaba Group in a report on Thursday, August 20th. JPMorgan Chase & Co. dropped their target price on Alibaba Group from $210.00 to $200.00 and set an "overweight" rating on the stock in a report on Monday, October 12th. Robert W. Baird lowered their target price on Alibaba Group from $164.00 to $160.00 and set an "outperform" rating on the stock in a report on Friday, August 21st. Citigroup boosted their price target on shares of Alibaba Group from $190.00 to $193.00 and gave the stock a "buy" rating in a research report on Thursday, October 8th. Finally, Jefferies Financial Group restated a "buy" rating and set a $192.00 price objective on shares of Alibaba Group in a research report on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $182.89.

Key Alibaba Group News

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

• Positive Sentiment: Apple is expected to begin testing Alibaba’s Qwen model on iPhones on November 4, ahead of a planned December rollout in China. Integration into Siri and other Apple Intelligence features could expose Qwen to a large user base and strengthen Alibaba’s AI reach. Alibaba Stocks Decline as Qwen's iPhone Test Starts November 4
• Positive Sentiment: Alibaba’s cloud and AI technology will support the 2026 Dakar Youth Olympic Games in Dakar, showcasing its services in a prominent international event and potentially helping its cloud business build visibility. Alibaba (BABA) Will Power Dakar 2026 With Cloud And AI
• Neutral Sentiment: China’s fresh signals of support for its stock market helped lift Alibaba and other Chinese internet shares in the previous session. The policy backdrop is supportive, though the article does not establish a direct or lasting benefit to Alibaba’s fundamentals. PDD Holdings Rises, Alibaba Up as China Signals Fresh Stock Market Support
• Negative Sentiment: The Apple partnership’s financial terms have not been disclosed. While the distribution opportunity is notable, investors may wait for details on monetization and evidence that the Qwen integration can generate meaningful revenue; that uncertainty could temper enthusiasm after recent gains. Alibaba Stocks Decline as Qwen's iPhone Test Starts November 4

Alibaba Group Trading Down 1.2%

Alibaba Group stock opened at $100.24 on Wednesday. Alibaba Group Holding Limited has a 52 week low of $91.99 and a 52 week high of $181.10. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market capitalization of $249.38 billion, a price-to-earnings ratio of 44.52, a P/E/G ratio of 1.32 and a beta of 0.44. The company has a 50 day moving average price of $108.93 and a 200 day moving average price of $125.92.

Alibaba Group (NYSE:BABA - Get Free Report) last released its earnings results on Friday, August 14th. The specialty retailer reported $1.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.94 by ($0.68). Alibaba Group had a net margin of 7.00% and a return on equity of 4.79%. The business had revenue of $39.64 billion during the quarter, compared to analysts' expectations of $39.52 billion. During the same quarter in the previous year, the company earned $14.75 EPS. Alibaba Group's revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts forecast that Alibaba Group Holding Limited will post 5.76 EPS for the current year.

Insiders Place Their Bets

In related news, General Counsel Siying Yu sold 6,764 shares of Alibaba Group stock in a transaction on Friday, September 25th. The stock was sold at an average price of $13.58, for a total transaction of $91,855.12. Following the completion of the sale, the general counsel owned 613,965 shares of the company's stock, valued at approximately $8,337,644.70. This trade represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Fang Jiang sold 885,272 shares of the business's stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $13.55, for a total value of $11,995,435.60. Following the completion of the transaction, the insider owned 4,679,097 shares in the company, valued at $63,401,764.35. This trade represents a 15.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 999,971 shares of company stock valued at $13,563,304 in the last three months. Company insiders own 12.50% of the company's stock.

About Alibaba Group

Alibaba Group Holding Limited is a technology and commerce company founded in 1999 and headquartered in Hangzhou, China. It operates a broad digital ecosystem that connects consumers, merchants, brands and businesses through online marketplaces, technology platforms and related services.

The company's China commerce businesses include Taobao, a consumer-focused marketplace, and Tmall, which enables brands and retailers to sell directly to consumers. Alibaba also operates 1688, a business-to-business wholesale marketplace.

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