Alibaba Group Holding Limited $BABA Shares Sold by PFG Investments LLC

PFG Investments LLC reduced its holdings in shares of Alibaba Group Holding Limited (NYSE:BABAFree Report) by 35.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,415 shares of the specialty retailer’s stock after selling 4,134 shares during the quarter. PFG Investments LLC’s holdings in Alibaba Group were worth $1,325,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Mather Group LLC. acquired a new position in Alibaba Group in the third quarter valued at approximately $30,000. NBT Bank N A NY lifted its position in shares of Alibaba Group by 231.5% during the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock worth $32,000 after buying an additional 125 shares during the last quarter. Rosenberg Matthew Hamilton purchased a new stake in shares of Alibaba Group during the 2nd quarter worth approximately $26,000. Richardson Financial Services Inc. boosted its holdings in shares of Alibaba Group by 34.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 65 shares in the last quarter. Finally, JCIC Asset Management Inc. purchased a new position in shares of Alibaba Group in the 3rd quarter valued at $53,000. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Alibaba Group Stock Performance

Shares of BABA stock opened at $173.35 on Monday. The stock’s 50-day moving average price is $156.97 and its 200 day moving average price is $150.34. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $413.85 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 3.73 and a beta of 0.37. Alibaba Group Holding Limited has a 52-week low of $86.48 and a 52-week high of $192.67.

Alibaba Group News Summary

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

  • Positive Sentiment: Arete Research upgraded BABA from Neutral to Buy and set a $190 price target; the upgrade triggered an intraday rally as investors responded to improved analyst conviction. Article Title
  • Positive Sentiment: Reports that Alibaba is preparing to restructure and list its AI chip arm, T‑Head, have driven optimism that a spinoff/IPO could unlock value and position the company in the hot AI‑accelerator market — multiple outlets cite people familiar with the plan. Article Title
  • Positive Sentiment: Brokerage coverage is tilted favorable: a consensus “Moderate Buy” from brokerages reinforces the bullish analyst tone and supports investor interest. Article Title
  • Neutral Sentiment: Multiple news outlets reported the T‑Head IPO story and intraday share pops/pre‑market rallies; these are market‑reaction pieces rather than official filings — the long‑term impact depends on deal structure, timing and regulatory filings. Article Title

Analyst Upgrades and Downgrades

Several brokerages recently commented on BABA. Barclays lifted their price target on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 26th. Erste Group Bank upgraded Alibaba Group from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Morgan Stanley reduced their target price on Alibaba Group from $200.00 to $180.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Alibaba Group in a research note on Wednesday. Finally, Wall Street Zen lowered Alibaba Group from a “hold” rating to a “sell” rating in a research report on Friday, November 28th. Eighteen research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $192.72.

Check Out Our Latest Stock Report on Alibaba Group

Alibaba Group Profile

(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.

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Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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