Alibaba Group Holding Limited $BABA Stock: Elevated Private Wealth LLC Raises Holdings

Key Points

• Elevated Private Wealth LLC increased its Alibaba position by 53.4% in the third quarter, bringing its holdings to 15,993 shares worth approximately $1.72 million. Other institutional investors also raised their stakes, though institutions collectively own only 13.47% of the stock.
• Alibaba’s cloud and quick-commerce businesses grew about 45% year over year, while its AI models were approved for Apple Intelligence devices in China. The company is also expanding into AI hardware with Qwen-branded smart glasses.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $182.89, but investors remain concerned about heavy AI and data-center spending, declining traditional e-commerce, and a recent EPS miss.

Elevated Private Wealth LLC boosted its position in Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 53.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,993 shares of the specialty retailer's stock after acquiring an additional 5,565 shares during the period. Alibaba Group accounts for about 1.1% of Elevated Private Wealth LLC's holdings, making the stock its 23rd biggest position. Elevated Private Wealth LLC's holdings in Alibaba Group were worth $1,720,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Aureus Asset Management LLC grew its holdings in shares of Alibaba Group by 511.0% during the first quarter. Aureus Asset Management LLC now owns 9,361 shares of the specialty retailer's stock valued at $1,174,000 after buying an additional 7,829 shares during the last quarter. IPG Investment Advisors LLC lifted its stake in Alibaba Group by 97.8% during the 2nd quarter. IPG Investment Advisors LLC now owns 17,019 shares of the specialty retailer's stock valued at $1,647,000 after acquiring an additional 8,415 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its holdings in shares of Alibaba Group by 24.5% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 259,580 shares of the specialty retailer's stock valued at $32,567,000 after purchasing an additional 51,000 shares during the last quarter. Kera Capital Partners Inc. purchased a new position in Alibaba Group during the fourth quarter worth about $3,807,000. Finally, Turn8 Private Wealth Inc. increased its stake in Alibaba Group by 70.3% in the 1st quarter. Turn8 Private Wealth Inc. now owns 37,324 shares of the specialty retailer's stock valued at $4,683,000 after buying an additional 15,404 shares during the last quarter. 13.47% of the stock is currently owned by institutional investors.

Alibaba Group News Summary

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

• Positive Sentiment: Alibaba’s cloud business and China quick-commerce operations each grew approximately 45% year over year in the latest quarter. The company is repositioning itself around higher-margin cloud infrastructure and AI, with an ambitious goal of reaching 1 trillion RMB in cloud revenue by 2032. Alibaba: Enough Fuel To Power The Trillion-RMB Cloud Machine
• Positive Sentiment: China has approved Alibaba’s AI models for use in Apple Intelligence on iPhones and other Apple devices sold in China. The partnership could increase Qwen’s visibility, usage and monetization while strengthening Alibaba’s position in China’s AI ecosystem. Alibaba AI models cleared for use in Apple Intelligence in China
• Positive Sentiment: Analyst sentiment remains broadly favorable. Erste Group raised its Alibaba earnings estimates, while JPMorgan retained an Overweight rating and a $200 price target, implying substantial upside from recent levels despite reducing its previous target. Erste Group Bank Boosts Earnings Estimates for Alibaba Group Alibaba Stock Is Down 38% From Its 2025 High
• Positive Sentiment: Alibaba launched approximately $450 Qwen-branded AI smart glasses, expanding beyond e-commerce and cloud into consumer hardware and creating another potential channel for AI services. Alibaba unveils $450 AI glasses
• Neutral Sentiment: Alibaba registered 100 million shares for an equity incentive plan. The move may help attract and retain AI and cloud talent, but could also create potential dilution for existing shareholders. Alibaba Registers 100 Million Shares for 2024 Equity Incentive Plan
• Negative Sentiment: Investors remain concerned that heavy AI and data-center investment is increasing cash burn before the new businesses generate sufficient returns. Traditional e-commerce declined, and Alibaba’s latest reported EPS missed consensus despite revenue slightly exceeding estimates. Those concerns, along with a broader decline in U.S.-traded Asian ADRs, are weighing on BABA. Alibaba: Enough Fuel To Power The Trillion-RMB Cloud Machine

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BABA shares. JPMorgan Chase & Co. reduced their target price on Alibaba Group from $210.00 to $200.00 and set an "overweight" rating for the company in a report on Monday. Sanford C. Bernstein restated an "outperform" rating and set a $165.00 price target on shares of Alibaba Group in a research report on Monday, September 7th. Robert W. Baird reduced their target price on shares of Alibaba Group from $164.00 to $160.00 and set an "outperform" rating for the company in a research report on Friday, August 21st. Weiss Ratings upgraded shares of Alibaba Group from a "hold (c-)" rating to a "hold (c)" rating in a research note on Friday, October 2nd. Finally, Citigroup raised their price target on shares of Alibaba Group from $190.00 to $193.00 and gave the stock a "buy" rating in a research note on Thursday, October 8th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $182.89.

Alibaba Group Stock Performance

BABA traded down $1.06 during trading hours on Thursday, hitting $110.11. The stock had a trading volume of 5,189,305 shares, compared to its average volume of 11,552,165. The company's fifty day simple moving average is $115.06 and its 200 day simple moving average is $119.21. Alibaba Group Holding Limited has a 1 year low of $91.99 and a 1 year high of $182.50. The stock has a market cap of $273.92 billion, a PE ratio of 26.66, a price-to-earnings-growth ratio of 1.41 and a beta of 0.47. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.21.

Alibaba Group (NYSE:BABA - Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $39.64 billion during the quarter, compared to the consensus estimate of $39.52 billion. Alibaba Group had a net margin of 7.00% and a return on equity of 4.79%. The company's revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $14.75 earnings per share. Equities analysts anticipate that Alibaba Group Holding Limited will post 5.89 earnings per share for the current year.

Insider Buying and Selling at Alibaba Group

In other news, General Counsel Siying Yu sold 6,764 shares of the firm's stock in a transaction on Friday, September 25th. The stock was sold at an average price of $13.58, for a total value of $91,855.12. Following the completion of the transaction, the general counsel directly owned 613,965 shares of the company's stock, valued at $8,337,644.70. This trade represents a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Joseph C. Tsai purchased 720,000 shares of Alibaba Group stock in a transaction dated Monday, August 24th. The stock was bought at an average price of $14.29 per share, with a total value of $10,288,800.00. Following the completion of the transaction, the director owned 114,979,168 shares of the company's stock, valued at $1,643,052,310.72. This represents a 0.63% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have sold 999,971 shares of company stock worth $13,563,304. Company insiders own 12.50% of the company's stock.

Alibaba Group Profile

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

The company's China commerce businesses include Taobao and Tmall, while its international commerce operations include Alibaba.com, AliExpress, Lazada and Trendyol. Alibaba also provides logistics services through Cainiao, consumer services through platforms such as Ele.me and Freshippo, and digital media and entertainment offerings.

Alibaba Cloud provides cloud computing, data management, artificial intelligence and other technology services to businesses and organizations.

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