Picton Mahoney Asset Management Decreases Position in Alibaba Group Holding Limited $BABA

Key Points

• Picton Mahoney Asset Management decreased its stake by 56.3% in Alibaba during Q3, selling 11,100 shares and ending the period with 8,600 shares valued at about $1.537 million.
• Alibaba has stepped up AI efforts—creating a senior-led, group-wide task force and hiring top talent for its Qwen program—but the head of Qwen resigned, introducing near-term leadership uncertainty.
• Analyst sentiment is positive overall: MarketBeat shows a "Moderate Buy" consensus (16 Buys, 3 Holds, 1 Sell) with an average price target of about $195.17.

Picton Mahoney Asset Management decreased its stake in Alibaba Group Holding Limited (NYSE:BABA - Free Report) by 56.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,600 shares of the specialty retailer's stock after selling 11,100 shares during the quarter. Picton Mahoney Asset Management's holdings in Alibaba Group were worth $1,537,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Mather Group LLC. purchased a new position in Alibaba Group during the third quarter worth $30,000. NBT Bank N A NY boosted its stake in shares of Alibaba Group by 231.5% during the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer's stock worth $32,000 after purchasing an additional 125 shares during the period. NewSquare Capital LLC boosted its stake in shares of Alibaba Group by 65.0% during the 2nd quarter. NewSquare Capital LLC now owns 330 shares of the specialty retailer's stock worth $37,000 after purchasing an additional 130 shares during the period. Elkhorn Partners Limited Partnership raised its position in Alibaba Group by 33.3% in the 2nd quarter. Elkhorn Partners Limited Partnership now owns 400 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 100 shares during the period. Finally, Richardson Financial Services Inc. lifted its stake in Alibaba Group by 34.4% in the third quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 13.47% of the company's stock.

Alibaba Group Price Performance

Shares of BABA stock opened at $130.00 on Friday. Alibaba Group Holding Limited has a twelve month low of $95.73 and a twelve month high of $192.67. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.23. The stock has a fifty day simple moving average of $157.90 and a two-hundred day simple moving average of $157.63. The stock has a market capitalization of $310.36 billion, a price-to-earnings ratio of 17.96, a P/E/G ratio of 2.92 and a beta of 0.43.

Analyst Upgrades and Downgrades

BABA has been the topic of a number of analyst reports. Macquarie Infrastructure reaffirmed an "outperform" rating on shares of Alibaba Group in a research note on Tuesday, November 25th. Arete Research raised Alibaba Group from a "neutral" rating to a "buy" rating and set a $190.00 price objective on the stock in a research report on Wednesday, January 21st. Wall Street Zen downgraded Alibaba Group from a "hold" rating to a "sell" rating in a research report on Friday, November 28th. Barclays boosted their target price on shares of Alibaba Group from $190.00 to $195.00 and gave the company an "overweight" rating in a research note on Wednesday, November 26th. Finally, Erste Group Bank downgraded shares of Alibaba Group from a "buy" rating to a "hold" rating in a research note on Wednesday, February 18th. Sixteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Alibaba Group has an average rating of "Moderate Buy" and an average price target of $195.17.

Key Alibaba Group News

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

• Positive Sentiment: Alibaba has created a senior-led, group-wide task force to accelerate foundation-model development, coordinated by CEO Eddie Wu and top CTOs — a clear management response aimed at stabilizing and prioritizing AI investment across the group. Alibaba forms task force to boost AI development after Qwen chief's exit
• Positive Sentiment: Reports say Alibaba continues to add top AI talent (including a former Google DeepMind contributor) to the Qwen team, indicating continued investment in capabilities that could support long-term AI monetization. Alibaba recruits Google DeepMind contributor to join Qwen AI team, sources say
• Neutral Sentiment: Wall Street and independent bullish write-ups remain visible (analyst optimism and a bullish Substack thesis), providing a counterpoint to negative headlines but offering no immediate operational catalyst. Is Alibaba (BABA) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Long-form bullish analyses highlight attractive valuation metrics (forward P/E and PEG cited by retail analysts), but these are soft supports until near-term operational clarity on AI and China demand improves. Is Alibaba Group Holding Limited (BABA) A Good Stock To Buy Now?
• Negative Sentiment: The head of Alibaba’s Qwen AI division, Lin Junyang, unexpectedly resigned (one of several recent exits), creating leadership uncertainty for a business area central to Alibaba’s growth narrative — a primary near-term negative for investor sentiment. Head of Alibaba's Qwen AI division resigns
• Negative Sentiment: Broader macro pressure: China set a historically low growth target, heightening concerns about consumption and ad/commerce spending that directly affect Alibaba’s core marketplace and cloud businesses. Alibaba, NIO, and Other Chinese Stocks Fall. Why Investors Face a Growth Dilemma.

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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