Aubrey Capital Management Ltd increased its position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 10.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,600 shares of the specialty retailer’s stock after buying an additional 11,300 shares during the period. Alibaba Group comprises approximately 7.9% of Aubrey Capital Management Ltd’s holdings, making the stock its 2nd largest holding. Aubrey Capital Management Ltd’s holdings in Alibaba Group were worth $14,754,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hoey Investments Inc. lifted its stake in Alibaba Group by 95.2% in 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 period. Palisade Asset Management LLC purchased a new position in Alibaba Group during the 3rd quarter valued at about $37,000. Costello Asset Management INC purchased a new position in Alibaba Group during the 4th quarter valued at about $34,000. Palladiem LLC bought a new stake in shares of Alibaba Group in the 4th quarter valued at about $38,000. Finally, Key Financial Inc raised its holdings in shares of Alibaba Group by 316.9% in the 4th quarter. Key Financial Inc now owns 271 shares of the specialty retailer’s stock valued at $40,000 after purchasing an additional 206 shares in the last quarter. 13.47% of the stock is currently owned by institutional investors.
Alibaba Group Trading Down 0.0%
NYSE:BABA opened at $112.30 on Wednesday. The stock has a market capitalization of $269.61 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 2.07 and a beta of 0.51. Alibaba Group Holding Limited has a 52 week low of $91.99 and a 52 week high of $192.67. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $118.10 and a 200 day moving average of $135.83.
Alibaba Group Announces Dividend
The firm also recently declared an annual dividend, which was paid on Monday, July 13th. Shareholders of record on Thursday, June 11th were paid a $1.05 dividend. The ex-dividend date was Thursday, June 11th. This represents a yield of 93.0%. Alibaba Group’s dividend payout ratio (DPR) is 16.91%.
Insider Buying and Selling
In other Alibaba Group news, General Counsel Siying Yu sold 6,772 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value 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. This trade represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Fang Jiang sold 4,898 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.09, for a total value of $59,216.82. Following the sale, the insider owned 5,559,511 shares in the company, valued at $67,214,487.99. The trade was a 0.09% 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 sold a total of 920,303 shares of company stock valued at $70,796,370 in the last 90 days. 12.50% of the stock is owned by insiders.
Wall Street Analyst Weigh In
BABA has been the subject of several research reports. HSBC set a $170.00 price target on shares of Alibaba Group in a research report on Thursday, July 9th. Zacks Research raised shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 2nd. Jefferies Financial Group lowered their target price on Alibaba Group from $225.00 to $212.00 and set a “buy” rating for the company in a report on Thursday, March 19th. Argus raised Alibaba Group to a “hold” rating in a research report on Tuesday, March 24th. Finally, Mizuho lifted their price target on Alibaba Group from $190.00 to $195.00 and gave the company an “outperform” rating in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Alibaba Group has a consensus rating of “Moderate Buy” and a consensus price target of $186.90.
View Our Latest Research Report on Alibaba Group
Key Alibaba Group News
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba is being linked to a broader rally in AI names, with reports highlighting its partnership with Honor to build AI “agentic” devices and renewed investor interest in the company’s AI/cloud growth story. Alibaba to team up with Honor in race to build AI agentic devices
- Positive Sentiment: Market commentary suggests Alibaba may still trade at a discount to its intrinsic value, supported by AI cloud momentum and ongoing share buybacks, which could bolster bullish sentiment. Alibaba (BABA) Stock May Trade At A Discount After AI Cloud Rally
- Positive Sentiment: Recent articles note that Alibaba has been one of the stocks contributing to strong performance in leveraged ETFs tied to AI and tech gains, reflecting improving short-term momentum. 4 Best-Performing Leveraged ETFs of Last Week
- Neutral Sentiment: Alibaba remains a heavily watched stock, with new broker commentary and rising search interest suggesting traders are actively reassessing the name, but without a clear new catalyst in the note itself. Brokers Suggest Investing in Alibaba (BABA): Read This Before Placing a Bet
- Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Alibaba investors, which can create legal overhang and pressure sentiment until more details are known. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Alibaba Group Holding Limited – BABA
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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