CI Investments Inc. cut its stake in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 3.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 958,245 shares of the specialty retailer’s stock after selling 31,791 shares during the quarter. CI Investments Inc.’s holdings in Alibaba Group were worth $120,221,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Jennison Associates LLC boosted its stake in shares of Alibaba Group by 11.9% during the 4th quarter. Jennison Associates LLC now owns 54,235 shares of the specialty retailer’s stock worth $7,950,000 after acquiring an additional 5,760 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in shares of Alibaba Group by 24.5% in the 1st 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 in the last quarter. Thornburg Investment Management Inc. raised its holdings in Alibaba Group by 5.5% in the 4th quarter. Thornburg Investment Management Inc. now owns 584,028 shares of the specialty retailer’s stock worth $85,607,000 after purchasing an additional 30,644 shares during the period. Eurizon Capital SGR S.p.A. acquired a new position in Alibaba Group in the 4th quarter worth about $21,266,000. Finally, Nations Financial Group Inc. IA ADV boosted its position in Alibaba Group by 61.9% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 50,123 shares of the specialty retailer’s stock worth $7,347,000 after purchasing an additional 19,169 shares in the last quarter. Hedge funds and other institutional investors own 13.47% of the company’s stock.
Alibaba Group Price Performance
NYSE:BABA opened at $117.95 on Wednesday. The stock has a 50 day moving average of $115.99 and a two-hundred day moving average of $134.73. Alibaba Group Holding Limited has a 12 month low of $91.99 and a 12 month high of $192.67. The firm has a market cap of $282.73 billion, a P/E ratio of 19.37, a price-to-earnings-growth ratio of 2.22 and a beta of 0.51. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.21.
Alibaba Group Announces Dividend
The firm also recently announced an annual dividend, which was paid on Monday, July 13th. Stockholders of record on Thursday, June 11th were given a $1.05 dividend. This represents a dividend yield of 93.0%. The ex-dividend date was Thursday, June 11th. Alibaba Group’s dividend payout ratio is 16.91%.
Alibaba Group News Roundup
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba is getting fresh attention for its AI strategy after reports highlighted its expanding investment in cloud and AI infrastructure, including a possible increase above its previously announced $53 billion three-year budget. Investors appear to be viewing this as a sign that Alibaba is strengthening its position in China’s AI race and could capture more enterprise and cloud demand. Article Title
- Positive Sentiment: Alibaba’s fintech exposure also got a boost after Ant International raised about $1.2 billion in new funding to expand cross-border payments and agentic commerce solutions, with Alibaba participating as an existing investor. That supports Alibaba’s broader ecosystem value and suggests continued growth potential in digital payments and international commerce. Article Title
- Positive Sentiment: Alibaba also unveiled its Qwen3.8 AI model, with coverage suggesting it is among the strongest models in the market. This keeps Alibaba in the spotlight as a major Chinese AI player and may help sentiment around its long-term growth narrative. Article Title
- Neutral Sentiment: Reports that Fliggy is cutting jobs amid Alibaba restructuring and tougher online travel competition point to ongoing internal optimization and competitive pressure, but the direct stock impact is unclear. Article Title
- Negative Sentiment: Alibaba faces a major headwind from a record EU fine of roughly €550 million tied to illegal and counterfeit product sales on AliExpress. That adds regulatory risk, potential legal costs, and reputational damage, which can pressure the stock. Article Title
- Negative Sentiment: Multiple law firms have launched investor investigations into possible securities-law violations and misleading disclosures by Alibaba. These announcements can increase uncertainty and keep pressure on shares until the situation becomes clearer. Article Title
Wall Street Analysts Forecast Growth
Several brokerages have commented on BABA. HSBC set a $170.00 price objective on Alibaba Group in a report on Thursday, July 9th. Susquehanna increased their target price on Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, May 15th. Wall Street Zen raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. BNP Paribas Exane started coverage on shares of Alibaba Group in a report on Wednesday, April 29th. They issued an “outperform” rating and a $209.00 price target for the company. Finally, Freedom Capital upgraded shares of Alibaba Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Alibaba Group has an average rating of “Moderate Buy” and an average price target of $186.90.
View Our Latest Analysis on Alibaba Group
Insiders Place Their Bets
In related news, CFO Hong Xu sold 175,054 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer owned 280,496 shares of the company’s stock, valued at approximately $3,408,026.40. This represents a 38.43% decrease in their position. The sale was disclosed in a legal filing 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, General Counsel Siying Yu sold 6,772 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $12.10, for a total transaction of $81,941.20. Following the completion of the sale, the general counsel owned 607,234 shares of the company’s stock, valued at approximately $7,347,531.40. The trade was a 1.10% 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. Over the last three months, insiders sold 920,303 shares of company stock valued at $70,796,370. Corporate insiders own 12.50% of the company’s stock.
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.
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