Nano Cap New Millennium Growth Fund L P Purchases Shares of 8,500 Alibaba Group Holding Limited $BABA

Posted by George Bondi on May 22nd, 2026

Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 8,500 shares of the specialty retailer’s stock, valued at approximately $1,246,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of BABA. Northwestern Mutual Wealth Management Co. raised its position in Alibaba Group by 7,680.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock valued at $881,554,000 after purchasing an additional 5,936,847 shares during the last quarter. Capital World Investors raised its position in Alibaba Group by 1,074.9% during the 3rd quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock valued at $1,079,229,000 after purchasing an additional 5,524,354 shares during the last quarter. Artisan Partners Limited Partnership bought a new position in Alibaba Group during the 3rd quarter valued at approximately $290,208,000. Trivest Advisors Ltd bought a new position in Alibaba Group during the 3rd quarter valued at approximately $202,126,000. Finally, Coatue Management LLC raised its position in Alibaba Group by 130.1% during the 3rd quarter. Coatue Management LLC now owns 1,996,593 shares of the specialty retailer’s stock valued at $356,851,000 after purchasing an additional 1,128,826 shares during the last quarter. Institutional investors own 13.47% of the company’s stock.

Alibaba Group Stock Performance

Alibaba Group stock opened at $131.45 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $315.35 billion, a P/E ratio of 21.58, a PEG ratio of 2.33 and a beta of 0.50. The stock’s 50 day moving average is $131.72 and its 200 day moving average is $148.00. Alibaba Group Holding Limited has a twelve month low of $103.71 and a twelve month high of $192.67.

Alibaba Group (NYSE:BABA – Get Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. The company had revenue of $35.30 billion for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%. On average, equities research analysts predict that Alibaba Group Holding Limited will post 6.67 earnings per share for the current fiscal year.

Alibaba Group Announces Dividend

The business also recently declared an annual dividend, which will be paid on Monday, July 13th. Investors of record on Thursday, June 11th will be paid a $1.05 dividend. The ex-dividend date is Thursday, June 11th. This represents a dividend yield of 72.0%. Alibaba Group’s dividend payout ratio is presently 15.60%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on BABA shares. Weiss Ratings lowered Alibaba Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. DZ Bank lowered Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 target price for the company. in a research report on Friday, March 20th. Robert W. Baird decreased their target price on Alibaba Group from $174.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Mizuho increased their target price on Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Finally, Nomura increased their target price on Alibaba Group from $200.00 to $207.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Alibaba Group presently has an average rating of “Moderate Buy” and a consensus price target of $188.76.

Read Our Latest Research Report on BABA

Key Headlines Impacting Alibaba Group

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

Positive Sentiment: Alibaba unveiled its new Zhenwu M890 AI chip, which it says delivers three times the performance of its prior model, reinforcing its domestic semiconductor ambitions and broader AI strategy. Reuters: Alibaba unveils new AI chip in push for domestic alternatives
Positive Sentiment: Multiple recent reports say Alibaba is entering a new phase of AI commercialization, with cloud and AI revenue growth accelerating and AI products becoming a larger part of the business. Seeking Alpha: Alibaba Is Becoming An AI Giant
Positive Sentiment: Benchmark reaffirmed its Buy rating and a $220 price target, reflecting continued analyst confidence in Alibaba’s AI and cloud expansion. Yahoo Finance: Benchmark Reaffirms Buy Rating on Alibaba (BABA) Following AI Cloud Expansion
Neutral Sentiment: One analysis said Alibaba’s revenue growth should improve meaningfully in fiscal 2027 as accounting changes and asset disposals fade, suggesting the current slowdown may be temporary. Seeking Alpha: Alibaba: Consolidated Revenue Growth Will Be Much Higher In FY2027
Negative Sentiment: Investors are still digesting weaker profitability and the company’s plan to spend more on AI and cloud infrastructure, which may pressure margins and free cash flow in the near term. Quiver Quant: Alibaba slides as investors digest profit squeeze and stepped-up AI spending plans

About Alibaba Group

(Free Report)

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.