Alibaba Group Holding Limited (NYSE:BABA – Get Free Report) CEO Fan (Fj) Jiang sold 13,579 shares of the business’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.10, for a total transaction of $164,305.90. Following the sale, the chief executive officer directly owned 556,617 shares of the company’s stock, valued at approximately $6,735,065.70. The trade was a 2.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Alibaba Group Trading Up 2.1%
NYSE:BABA opened at $97.95 on Thursday. Alibaba Group Holding Limited has a one year low of $91.99 and a one year high of $192.67. The business has a fifty day moving average price of $123.13 and a 200-day moving average price of $138.69. The firm has a market capitalization of $235.00 billion, a price-to-earnings ratio of 16.08, a price-to-earnings-growth ratio of 1.67 and a beta of 0.51. 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 (NYSE:BABA – Get Free Report) last released its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%.The company had revenue of $35.30 billion for the quarter. Sell-side analysts forecast that Alibaba Group Holding Limited will post 6.66 EPS for the current year.
Alibaba Group Announces Dividend
Institutional Investors Weigh In On Alibaba Group
A number of institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its stake in Alibaba Group by 40.4% during the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock valued at $289,000 after acquiring an additional 981 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Alibaba Group during the 1st quarter valued at about $254,000. Bank of Nova Scotia boosted its holdings in shares of Alibaba Group by 313.0% during the 2nd quarter. Bank of Nova Scotia now owns 21,778 shares of the specialty retailer’s stock valued at $2,470,000 after purchasing an additional 16,505 shares during the last quarter. Daiwa Securities Group Inc. purchased a new position in shares of Alibaba Group during the second quarter valued at about $1,613,000. Finally, Ieq Capital LLC grew its position in shares of Alibaba Group by 51.9% during the second quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer’s stock valued at $7,946,000 after purchasing an additional 23,925 shares in the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Alibaba Group
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Some commentary still argues Alibaba’s AI-powered commerce ecosystem, merchant monetization, and quick commerce expansion could support growth into FY2027, suggesting the core business thesis remains intact.
- Neutral Sentiment: Several insider sales were disclosed by top executives and a director, but the filings say at least some were tied to tax withholding on vested equity awards rather than a clear negative signal.
- Neutral Sentiment: Erste Group Bank trimmed its earnings estimates for FY2027 and FY2028, but the revisions were small, so this looks more like a modest caution signal than a major change in outlook.
- Negative Sentiment: Alibaba and an Ant Group subsidiary agreed to pay $600 million to settle DOJ claims that they failed to prevent illegal sales on Alibaba.com and AliExpress, which raises legal and reputational concerns. Article: Alibaba, U.S. Payment Processor to Pay $600 Million in DOJ Settlement Over Illegal Drug Sales
- Negative Sentiment: A separate investor-investigation headline from a shareholder law firm may also weigh on sentiment, because it increases the risk of further legal scrutiny even though no wrongdoing has been proven. Article: BABA Investors Have Opportunity to Join Alibaba Group Holding Limited Fraud Investigation with the Schall Law Firm
- Negative Sentiment: Multiple insider and institutional selling headlines, including a large stock sale by President J. Michael Evans, can reinforce a cautious tone around the shares.
- Negative Sentiment: Additional pressure may be coming from policy and trade concerns, including the EU’s new fee on low-value Chinese e-commerce parcels and reports that Alibaba is losing lobbyists under U.S. restrictions.
Analyst Ratings Changes
Several equities research analysts recently issued reports on BABA shares. Argus raised shares of Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Susquehanna raised their price objective on shares of Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. lifted their target price on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Jefferies Financial Group dropped 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. Finally, Mizuho increased their price target on Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $187.38.
View Our Latest Stock Report on Alibaba Group
About Alibaba Group
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.
See Also
- Five stocks we like better than Alibaba Group
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Receive News & Ratings for Alibaba Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alibaba Group and related companies with MarketBeat.com's FREE daily email newsletter.
