Diversify Wealth Management LLC Buys 9,590 Shares of Alibaba Group Holding Limited $BABA

Diversify Wealth Management LLC increased its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 365.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 12,212 shares of the specialty retailer’s stock after purchasing an additional 9,590 shares during the period. Diversify Wealth Management LLC’s holdings in Alibaba Group were worth $1,593,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Hoey Investments Inc. lifted its holdings in shares of 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 buying an additional 100 shares in the last quarter. Costello Asset Management INC bought a new position in shares of Alibaba Group in the fourth quarter valued at approximately $34,000. Palisade Asset Management LLC purchased a new position in Alibaba Group during the third quarter valued at approximately $37,000. Palladiem LLC purchased a new position in Alibaba Group during the fourth quarter valued at approximately $38,000. Finally, SJS Investment Consulting Inc. increased its holdings in Alibaba Group by 15,000.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 302 shares of the specialty retailer’s stock worth $38,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 13.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on BABA shares. Barclays increased their target price on shares of Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alibaba Group in a report on Wednesday, May 27th. JPMorgan Chase & Co. upped their price target on shares of Alibaba Group from $200.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Jefferies Financial Group lowered their price objective on Alibaba Group from $225.00 to $212.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Finally, Mizuho lifted their price objective on Alibaba Group from $190.00 to $195.00 and gave the company an “outperform” rating in a research note 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’s stock. Based on data from MarketBeat, Alibaba Group has a consensus rating of “Moderate Buy” and an average price target of $186.90.

Alibaba Group Trading Down 0.0%

Shares of BABA opened at $112.30 on Wednesday. Alibaba Group Holding Limited has a 1-year low of $91.99 and a 1-year high of $192.67. The company has a market capitalization of $269.61 billion, a P/E ratio of 18.44, a P/E/G ratio of 2.07 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. The firm’s 50 day simple moving average is $118.10 and its 200 day simple moving average is $135.83.

Alibaba Group (NYSE:BABA) last released its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 EPS for the quarter. The business had revenue of $35.30 billion during the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. Sell-side analysts forecast that Alibaba Group Holding Limited will post 6.28 earnings per share for the current fiscal year.

Alibaba Group Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, July 13th. Stockholders of record on Thursday, June 11th were issued a dividend of $1.05 per share. This represents a dividend yield of 93.0%. The ex-dividend date of this dividend was Thursday, June 11th. Alibaba Group’s payout ratio is currently 16.91%.

Insider Buying and Selling

In related news, insider Fang Jiang sold 4,898 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.09, for a total value of $59,216.82. Following the completion of the transaction, the insider directly owned 5,559,511 shares in the company, valued at approximately $67,214,487.99. The trade was a 0.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Siying Yu sold 6,772 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.10, for a total value of $81,941.20. Following the completion of the transaction, the general counsel directly owned 607,234 shares in the company, valued at approximately $7,347,531.40. This represents a 1.10% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 920,303 shares of company stock valued at $70,796,370 in the last three months. 12.50% of the stock is owned by corporate insiders.

Key Headlines Impacting Alibaba Group

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

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.