Crossmark Global Holdings Inc. Trims Position in Alibaba Group Holding Limited $BABA

Crossmark Global Holdings Inc. lowered its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 12.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 140,025 shares of the specialty retailer’s stock after selling 19,085 shares during the period. Crossmark Global Holdings Inc.’s holdings in Alibaba Group were worth $20,525,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of BABA. Capital World Investors lifted its holdings in shares of Alibaba Group by 1,074.9% during the third quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock worth $1,079,229,000 after purchasing an additional 5,524,354 shares during the period. Artisan Partners Limited Partnership acquired a new stake in shares of Alibaba Group in the 3rd quarter worth $290,208,000. Trivest Advisors Ltd acquired a new position in shares of Alibaba Group during the third quarter worth about $202,126,000. Coatue Management LLC raised its holdings in Alibaba Group by 130.1% during the third quarter. Coatue Management LLC now owns 1,996,593 shares of the specialty retailer’s stock worth $356,851,000 after purchasing an additional 1,128,826 shares in the last quarter. Finally, Altimeter Capital Management LP acquired a new stake in Alibaba Group in the third quarter valued at about $173,207,000. 13.47% of the stock is currently owned by hedge funds and other institutional investors.

Alibaba Group News Summary

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

• Positive Sentiment: BNP Paribas initiated coverage on Alibaba with an Outperform rating and a $209 price target, citing potential acceleration in cloud revenue growth. BNP Paribas Initiates Coverage of Alibaba Group Holding (BABA), Cites Potential Cloud Revenue Growth Acceleration
• Positive Sentiment: Another report highlighted Alibaba’s expanding cloud and AI footprint, including new data center regions and rising capital spending to support AI demand, which supports the long-term growth story. Alibaba Cloud And AI Expansion Reshapes Long Term Investor Trade Offs
• Positive Sentiment: Barclays and Erste Group updates also kept focus on Alibaba’s earnings outlook, with Erste trimming estimates only modestly, suggesting analysts still see meaningful profit potential. Wall Street Analysts Think Alibaba (BABA) Is a Good Investment: Is It?
• Neutral Sentiment: Alibaba said it is not involved in the reported U.S. probe into alleged Nvidia chip smuggling via Thailand, but the headlines may keep investors cautious until more details emerge. US suspects Nvidia chips smuggled to Alibaba via Thailand, Bloomberg News reports
• Neutral Sentiment: Reports that AI costs are rising for Alibaba and Tencent point to margin pressure in the near term, even as AI investment could support future growth. Tencent Earnings Growth Seen Slowing As AI Investments Double
• Negative Sentiment: Erste Group lowered its FY2026 and FY2027 earnings estimates for Alibaba, which can weigh on sentiment by signaling slightly weaker profit expectations. Alibaba Group Stock Performance

Alibaba Group Stock Down 0.7%

Shares of Alibaba Group stock opened at $139.97 on Friday. The company has a fifty day moving average price of $132.13 and a 200 day moving average price of $150.58. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.22. Alibaba Group Holding Limited has a twelve month low of $103.71 and a twelve month high of $192.67. The stock has a market cap of $335.79 billion, a price-to-earnings ratio of 26.41, a price-to-earnings-growth ratio of 2.44 and a beta of 0.50.

Alibaba Group (NYSE:BABA) last issued its earnings results on Saturday, February 14th. The specialty retailer reported $0.13 earnings per share for the quarter. Alibaba Group had a return on equity of 7.43% and a net margin of 9.12%.The company had revenue of $40.71 billion during the quarter. Equities research analysts forecast that Alibaba Group Holding Limited will post 4.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on BABA shares. Zacks Research cut Alibaba Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 22nd. DZ Bank cut Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 price target for the company. in a research report on Friday, March 20th. Argus upgraded shares of Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. BNP Paribas Exane started coverage on shares of Alibaba Group in a research report on Wednesday, April 29th. They issued an “outperform” rating and a $209.00 price target on the stock. Finally, Mizuho cut their price objective on Alibaba Group from $195.00 to $190.00 and set an “outperform” rating for the company in a research report on Friday, March 20th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Alibaba Group currently has an average rating of “Moderate Buy” and a consensus target price of $188.75.

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.