Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Alibaba Group Holding Limited (NYSE:BABA). In a filing disclosed on July 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Alibaba Group stock on June 1st. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Nintendo (OTCMKTS:NTDOY) on 6/17/2026.
- Sold $1,001 – $15,000 in shares of Insmed (NASDAQ:INSM) on 6/10/2026.
- Sold $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 6/1/2026.
- Sold $1,001 – $15,000 in shares of Novozymes A/S (OTCMKTS:NVZMY) on 6/1/2026.
- Sold $1,001 – $15,000 in shares of Nestle (OTCMKTS:NSRGY) on 6/1/2026.
- Sold $1,001 – $15,000 in shares of Booking (NASDAQ:BKNG) on 6/1/2026.
- Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 5/27/2026.
- Purchased $1,001 – $15,000 in shares of Lumentum (NASDAQ:LITE) on 5/22/2026.
- Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 5/22/2026.
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 5/21/2026.
Alibaba Group Stock Performance
NYSE BABA opened at $108.97 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.28. Alibaba Group Holding Limited has a 1 year low of $91.99 and a 1 year high of $192.67. The company has a market capitalization of $261.61 billion, a PE ratio of 17.89, a P/E/G ratio of 1.81 and a beta of 0.51. The company has a fifty day moving average of $119.65 and a two-hundred day moving average of $136.92.
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 given a $1.05 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a yield of 93.0%. Alibaba Group’s payout ratio is 16.91%.
Insider Transactions at Alibaba Group
In related news, insider Fang Jiang sold 4,898 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $12.09, for a total transaction of $59,216.82. Following the sale, the insider owned 5,559,511 shares of the company’s stock, valued at approximately $67,214,487.99. The trade was a 0.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President J. Michael Evans sold 720,000 shares of the stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $94.95, for a total transaction of $68,364,000.00. Following the completion of the transaction, the president directly owned 28,000 shares of the company’s stock, valued at approximately $2,658,600. This trade represents a 96.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 920,303 shares of company stock valued at $70,796,370. 12.50% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several research analysts have commented on BABA shares. BNP Paribas Exane began coverage on Alibaba Group in a research report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price target on the stock. Mizuho raised their target price on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, May 14th. Freedom Capital upgraded shares of Alibaba Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. HSBC set a $170.00 price target on shares of Alibaba Group in a research note on Thursday. Finally, Jefferies Financial Group reduced their target price on shares of Alibaba Group from $225.00 to $212.00 and set a “buy” rating for the company in a report on Thursday, March 19th. 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $186.90.
Check Out Our Latest Research Report on Alibaba Group
Hedge Funds Weigh In On Alibaba Group
Hedge funds and other institutional investors have recently bought and sold shares of the company. Capital World Investors raised its position in Alibaba Group by 7.7% in the fourth quarter. Capital World Investors now owns 6,505,165 shares of the specialty retailer’s stock worth $953,527,000 after acquiring an additional 466,847 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 worth $881,554,000 after purchasing an additional 5,936,847 shares in the last quarter. Fisher Asset Management LLC grew its stake in shares of Alibaba Group by 0.8% during the 4th quarter. Fisher Asset Management LLC now owns 5,335,894 shares of the specialty retailer’s stock worth $782,135,000 after purchasing an additional 42,297 shares during the period. Norges Bank purchased a new position in shares of Alibaba Group in the 4th quarter valued at about $594,477,000. Finally, AMF Tjanstepension AB increased its holdings in shares of Alibaba Group by 4.1% in the 1st quarter. AMF Tjanstepension AB now owns 2,206,634 shares of the specialty retailer’s stock valued at $276,844,000 after purchasing an additional 86,613 shares in the last quarter. 13.47% of the stock is currently owned by hedge funds and other institutional investors.
Key Alibaba Group News
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: A leaked pre-earnings report suggested Alibaba’s core e-commerce revenue may be growing again, boosting confidence that the business is stabilizing ahead of results. Alibaba rallies 12% after report of narrowing losses sparks pre-earnings optimism
- Positive Sentiment: Investor enthusiasm around Alibaba’s AI push, including T-Head chips and AI revenue, is adding to optimism that the company can participate in China’s broader AI rally. Alibaba shares spike 12% in Hong Kong as T-Head chips, AI revenue fuel earnings optimism
- Positive Sentiment: Alibaba is benefiting from a broad rotation into Chinese internet and AI stocks, with peers like Tencent and Baidu also gaining as sentiment improves across the sector. Alibaba Stock Leads China AI Rally, Just as U.S. Tech Stumbles
- Positive Sentiment: The stock also got a lift from a temporary legal reprieve in the U.S., as a federal judge blocked restrictions tied to Alibaba’s Pentagon designation while the challenge continues. Alibaba shares rise on Pentagon legal reprieve and pre-earnings optimism
- Neutral Sentiment: Alibaba saw unusually heavy call-option buying, which signals traders are positioning for further upside, but does not by itself change fundamentals.
- Neutral Sentiment: Alibaba’s decision to pull certain AI companion features in response to China’s new rules is more of a compliance issue than a clear earnings driver. Alibaba Pulls AI Companions as China Tightens Rules: What’s Ahead?
- Negative Sentiment: Two law firms announced investor investigations into possible securities claims, which may increase legal overhang and keep some pressure on sentiment. Alibaba Investor News: If You Have Suffered Losses in Alibaba Group Holding Limited (NYSE: BABA), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
- Negative Sentiment: A separate Pomerantz investigation also adds to headline risk, even though it has not yet proven any wrongdoing. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alibaba Group Holding Limited – BABA
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
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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