Alibaba Group Holding Limited $BABA Shares Sold by Sterneck Capital Management LLC

Sterneck Capital Management LLC reduced its position in Alibaba Group Holding Limited (NYSE:BABA) by 65.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,151 shares of the specialty retailer’s stock after selling 6,089 shares during the quarter. Sterneck Capital Management LLC’s holdings in Alibaba Group were worth $563,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. IRON Financial LLC acquired a new stake in shares of Alibaba Group during the third quarter worth approximately $283,000. Redwood Wealth Management Group LLC boosted its stake in Alibaba Group by 6.9% during the 3rd quarter. Redwood Wealth Management Group LLC now owns 5,900 shares of the specialty retailer’s stock valued at $1,055,000 after purchasing an additional 381 shares during the period. ORG Partners LLC increased its position in Alibaba Group by 22.3% in the 3rd quarter. ORG Partners LLC now owns 516 shares of the specialty retailer’s stock valued at $92,000 after acquiring an additional 94 shares during the period. ORG Wealth Partners LLC increased its stake in Alibaba Group by 1.4% during the 3rd quarter. ORG Wealth Partners LLC now owns 11,136 shares of the specialty retailer’s stock valued at $1,990,000 after buying an additional 150 shares during the period. Finally, FengHe Fund Management Pte. Ltd. boosted its stake in Alibaba Group by 175.6% during the 3rd quarter. FengHe Fund Management Pte. Ltd. now owns 131,200 shares of the specialty retailer’s stock valued at $23,449,000 after purchasing an additional 83,600 shares in the last quarter. Institutional investors and hedge funds own 13.47% of the company’s stock.

Alibaba Group Price Performance

Shares of NYSE:BABA opened at $150.93 on Monday. Alibaba Group Holding Limited has a 52 week low of $80.06 and a 52 week high of $192.67. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market cap of $360.14 billion, a PE ratio of 20.85, a price-to-earnings-growth ratio of 2.34 and a beta of 0.37. The firm’s fifty day moving average is $155.81 and its 200-day moving average is $146.22.

Analyst Upgrades and Downgrades

BABA has been the subject of a number of recent analyst reports. Mizuho set a $195.00 price objective on shares of Alibaba Group in a research note on Wednesday, October 22nd. CLSA boosted their target price on shares of Alibaba Group from $155.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, October 2nd. Arete downgraded shares of Alibaba Group from a “buy” rating to a “neutral” rating and set a $172.00 price target on the stock. in a research note on Tuesday, December 9th. Erste Group Bank upgraded shares of Alibaba Group from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Sanford C. Bernstein decreased their price objective on Alibaba Group from $200.00 to $190.00 and set an “outperform” rating for the company in a research report on Wednesday, November 26th. Seventeen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $191.84.

More Alibaba Group News

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

• Positive Sentiment: Reports that Beijing is moving toward approving NVIDIA H200 imports bolstered hopes Alibaba can secure advanced AI chips for Alibaba Cloud and generative‑AI initiatives; traders lifted the stock on that news. Alibaba Steps Up AI Race With Potential Nvidia Mega Order
• Positive Sentiment: Coverage highlighting Alibaba’s positioning as an emerging‑markets leader and its AI/cloud investments framed the H200 access story as a meaningful catalyst for longer‑term growth. If Emerging Markets Outperform, This Stock Could Lead the Charge (MarketBeat)
• Positive Sentiment: Technical commentary (Barron’s) showing bullish chart patterns reinforced buyer interest after the recent rebound off the ~$150 support area. Chinese Stock Charts Reach a Turning Point (Barron’s)
• Neutral Sentiment: Morgan Stanley trimmed its price target (from $200 to $180) but kept an overweight rating — a mixed signal that reduces upside math while leaving institutional conviction intact. Finviz (Morgan Stanley price target note)
• Neutral Sentiment: Macro/legal overhangs could still matter: a Supreme Court decision on tariffs and ongoing trade policy uncertainty are being watched for potential cost or access impacts on cross‑border chip flows. Wall Street Breakfast Podcast: Tariffs On Decision Watch (Seeking Alpha)
• Negative Sentiment: Two major banks recently slashed their price targets on Alibaba, which pressured sentiment and reduces analyst‑driven upside expectations in the near term. Alibaba (BABA) Stock: Why Two Major Banks Just Slashed Their Price Targets
• Negative Sentiment: Freedom Capital cut BABA to a hold, and there are fresh investor‑class action inquiries (Pomerantz), adding legal and sentiment risk that can weigh on the stock until resolved. Alibaba Group (NYSE:BABA) Cut to Hold at Freedom Capital Pomerantz investor investigation

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.