Galaxy Digital Inc. Takes $14.69 Million Position in Alibaba Group Holding Limited $BABA

Galaxy Digital Inc. bought a new stake in Alibaba Group Holding Limited (NYSE:BABA) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 117,050 shares of the specialty retailer’s stock, valued at approximately $14,685,000. Alibaba Group makes up 1.3% of Galaxy Digital Inc.’s holdings, making the stock its 10th biggest position.

A number of other institutional investors have also added to or reduced their stakes in the company. Hoey Investments Inc. raised its position in Alibaba Group by 95.2% during the first quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. Palisade Asset Management LLC bought a new position in shares of Alibaba Group in the 3rd quarter valued at about $37,000. Costello Asset Management INC acquired a new position in shares of Alibaba Group during the 4th quarter worth about $34,000. Palladiem LLC acquired a new position in shares of Alibaba Group during the 4th quarter worth about $38,000. Finally, Key Financial Inc raised its holdings in shares of Alibaba Group by 316.9% in the 4th quarter. Key Financial Inc now owns 271 shares of the specialty retailer’s stock valued at $40,000 after purchasing an additional 206 shares during the period. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Fan (Fj) Jiang sold 13,579 shares of Alibaba Group stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $12.10, for a total transaction of $164,305.90. Following the completion of the sale, the chief executive officer directly owned 556,617 shares of the company’s stock, valued at approximately $6,735,065.70. This trade represents a 2.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President J. Michael Evans sold 720,000 shares of the business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $94.95, for a total value of $68,364,000.00. Following the completion of the sale, the president owned 28,000 shares of the company’s stock, valued at $2,658,600. This trade represents a 96.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 920,303 shares of company stock valued at $70,796,370 in the last ninety days. 12.50% of the stock is currently owned by company insiders.

Alibaba Group Stock Performance

NYSE BABA opened at $112.26 on Friday. The stock has a market cap of $269.09 billion, a PE ratio of 18.43, a P/E/G ratio of 2.10 and a beta of 0.51. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a 50-day moving average of $114.46 and a 200-day moving average of $134.07. Alibaba Group Holding Limited has a 52-week low of $91.99 and a 52-week high of $192.67.

Alibaba Group (NYSE:BABA) last announced 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 for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. On average, sell-side analysts anticipate that Alibaba Group Holding Limited will post 6.28 EPS for the current year.

Alibaba Group Dividend Announcement

The company 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 was Thursday, June 11th. Alibaba Group’s payout ratio is currently 16.91%.

Analyst Upgrades and Downgrades

BABA has been the subject of several recent analyst reports. HSBC set a $170.00 target price on shares of Alibaba Group in a research note on Thursday, July 9th. Barclays boosted their price target on Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. Nomura cut their price objective on Alibaba Group from $207.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, June 25th. Susquehanna lifted their target price on Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday, May 15th. Finally, Mizuho boosted their target price on Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $186.90.

Key Alibaba Group News

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

• Positive Sentiment: Alibaba’s Qwen AI agent is being positioned as a core driver of transformation, with deeper integration into e-commerce, stronger merchant/customer engagement, and potential token-based monetization. The company’s Cloud+AI segment is also highlighted as a major growth engine, with external revenue above $5.3 billion and triple-digit AI growth for 11 straight quarters. Alibaba: Qwen Powering AI Transformation
• Positive Sentiment: Alibaba’s international commerce arm is reportedly nearing break-even as logistics improvements, AI tools, and better monetization support more profitable global expansion. That suggests a potentially improving margin profile outside China. BABA’s International Commerce Narrows Losses: Can It Sustain Momentum?
• Positive Sentiment: Alibaba confirmed its Qwen large language model will power Apple Intelligence features on Apple devices in China, a notable commercialization milestone that could strengthen Alibaba’s AI credibility and revenue opportunities. Alibaba Group Holding (BABA) Joins Apple Intelligence In China, Is The Stock Still Undervalued?
• Neutral Sentiment: Alibaba-backed AGTech agreed to help build a trading platform for the Hong Kong Gold Exchange, but this appears to be a smaller, indirect development with limited immediate impact on BABA’s core valuation. Alibaba-backed fintech AGTech agrees to build trading platform for Hong Kong Gold Exchange
• Negative Sentiment: Recent headlines about securities class-action investigations add legal overhang and may weigh on sentiment, even if the claims are still in the early stages. ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Alibaba Group Holding Limited Investors to Inquire About Securities Class Action Investigation – BABA

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.