Serenity Capital Management PTE. LTD. Purchases Shares of 70,000 Alibaba Group Holding Limited $BABA

Serenity Capital Management PTE. LTD. acquired a new position in Alibaba Group Holding Limited (NYSE:BABA - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 70,000 shares of the specialty retailer's stock, valued at approximately $6,718,600. Alibaba Group makes up approximately 0.0% of Serenity Capital Management PTE. LTD.'s investment portfolio, making the stock its 11th largest holding.

Several other hedge funds have also modified their holdings of the company. Hoey Investments Inc. boosted its position in Alibaba Group by 95.2% during 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 last quarter. Costello Asset Management INC acquired a new position in shares of Alibaba Group during the fourth quarter worth approximately $34,000. Palisade Asset Management LLC purchased a new position in shares of Alibaba Group in the third quarter worth approximately $37,000. Palladiem LLC acquired a new position in Alibaba Group during the fourth quarter valued at approximately $38,000. Finally, SJS Investment Consulting Inc. raised its stake in shares of Alibaba Group by 15,000.0% in the first quarter. SJS Investment Consulting Inc. now owns 302 shares of the specialty retailer's stock valued at $38,000 after acquiring an additional 300 shares during the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Alibaba Group Stock Performance

Shares of BABA traded up $1.83 during midday trading on Friday, reaching $118.14. The stock had a trading volume of 6,648,013 shares, compared to its average volume of 12,179,973. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.21. Alibaba Group Holding Limited has a one year low of $91.99 and a one year high of $192.67. The firm has a market cap of $283.17 billion, a PE ratio of 28.61, a P/E/G ratio of 2.19 and a beta of 0.49. The firm has a 50 day simple moving average of $114.63 and a 200-day simple moving average of $126.84.

Alibaba Group (NYSE:BABA - Get Free Report) last issued 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 business had revenue of $39.64 billion for the quarter, compared to analyst estimates of $39.52 billion. Alibaba Group had a net margin of 7.00% and a return on equity of 4.79%. The firm's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $14.75 earnings per share. As a group, sell-side analysts anticipate that Alibaba Group Holding Limited will post 5.88 EPS for the current year.

Key Alibaba Group News

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

• Positive Sentiment: AI model cost reductions: Alibaba introduced Qwen3.8-Flash, a lower-cost multimodal model reportedly designed to reduce training expenses substantially. Improved AI economics could help justify the company’s large infrastructure investments and support its cloud growth strategy. Alibaba Just Made AI Model Much Cheaper to Run
• Positive Sentiment: Cloud expansion and demand: Alibaba Cloud launched its first region in Brazil, targeting Latin American cloud and AI customers. Separately, AI company MiniMax expanded its Alibaba Cloud partnership as demand for training and inference capacity rises. These developments reinforce expectations for continued cloud momentum. Alibaba Cloud Launches Brazil Region
• Positive Sentiment: Strong cloud growth and analyst support: Coverage of Alibaba’s fiscal first-quarter earnings call highlighted 45% cloud-revenue growth, driven by AI infrastructure demand. Bank of America reiterated a Buy rating and a $172 price target, arguing that the company’s $10.2 billion capital raise can fund AI growth despite near-term dilution. Alibaba Raises $10 Billion for AI
• Neutral Sentiment: Capital raise completed: Alibaba completed its approximately $10.2 billion Hong Kong share placement. The proceeds strengthen funding for AI and cloud expansion, but the issuance increases the share count and may dilute existing investors. Alibaba Completes Hong Kong Share Placement
• Negative Sentiment: Legal overhang intensifies: Multiple law firms publicized a securities-fraud class action alleging Alibaba made misleading disclosures related to possible Chinese military ties and alleged unauthorized AI model distillation. Investors who purchased shares during June 26, 2025–June 24, 2026 face an October 5, 2026 lead-plaintiff deadline. The allegations could increase regulatory, financial, and reputational risks, although the claims remain unproven. Alibaba Securities Class Action Notice

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on BABA. Nomura decreased their price target on Alibaba Group from $207.00 to $178.00 and set a "buy" rating on the stock in a research note on Thursday, June 25th. Wall Street Zen upgraded Alibaba Group from a "sell" rating to a "hold" rating in a research report on Saturday, May 23rd. Benchmark restated a "buy" rating on shares of Alibaba Group in a report on Thursday, August 20th. Susquehanna upped their price target on Alibaba Group from $185.00 to $190.00 and gave the stock a "positive" rating in a report on Friday. Finally, Robert W. Baird decreased their target price on Alibaba Group from $164.00 to $160.00 and set an "outperform" rating for the company in a report on Friday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $187.43.

Insider Activity

In related news, President J. Michael Evans sold 720,000 shares of the firm's stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $94.95, for a total transaction of $68,364,000.00. Following the sale, the president directly owned 28,000 shares of the company's stock, valued at $2,658,600. This trade represents a 96.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Hong Xu sold 175,054 shares of Alibaba Group stock in a transaction that occurred on 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 transaction, the chief financial officer owned 280,496 shares of the company's stock, valued at $3,408,026.40. This trade represents a 38.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 920,303 shares of company stock worth $70,796,370 over the last 90 days. 12.50% of the stock is currently owned by insiders.

Alibaba Group Company 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.