Summa Corp. Increases Stock Holdings in Alibaba Group Holding Limited $BABA

Summa Corp. lifted its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 38.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,110 shares of the specialty retailer’s stock after buying an additional 9,187 shares during the quarter. Alibaba Group makes up about 2.6% of Summa Corp.’s holdings, making the stock its 4th biggest holding. Summa Corp.’s holdings in Alibaba Group were worth $5,918,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Rosenberg Matthew Hamilton purchased a new stake in Alibaba Group in the second quarter worth about $26,000. Mather Group LLC. bought a new stake in shares of Alibaba Group in the 3rd quarter worth approximately $30,000. NewSquare Capital LLC grew its stake in shares of Alibaba Group by 65.0% in the 2nd quarter. NewSquare Capital LLC now owns 330 shares of the specialty retailer’s stock worth $37,000 after buying an additional 130 shares during the last quarter. Elkhorn Partners Limited Partnership grew its stake in shares of Alibaba Group by 33.3% in the 2nd quarter. Elkhorn Partners Limited Partnership now owns 400 shares of the specialty retailer’s stock worth $45,000 after buying an additional 100 shares during the last quarter. Finally, Hoey Investments Inc. increased its position in Alibaba Group by 2,935.7% during the 2nd quarter. Hoey Investments Inc. now owns 425 shares of the specialty retailer’s stock valued at $48,000 after buying an additional 411 shares in the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Key Alibaba Group News

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

• Positive Sentiment: Open‑source AI momentum — Alibaba highlighted Qwen achievements and its open‑source AI push, with reports of broad adoption that underpin long‑term platform and cloud revenue upside. Alibaba’s Qwen family hits 700 million downloads
• Positive Sentiment: Dual catalysts — Coverage highlights AI leadership plus an easing regulatory backdrop that investors view as reducing regulatory overhang and enabling faster monetization of services. Alibaba Shares Surge on Dual Catalysts
• Positive Sentiment: Regulatory support for food delivery/price‑war relief — Chinese authorities signaling steps to curb destructive price wars is being read as a potential margin tailwind for Alibaba’s local services businesses (e.g., Ele.me). Meituan, Alibaba shares jump as China seeks curb price wars
• Positive Sentiment: Alibaba‑backed AI startups and ecosystem wins — PixVerse (Alibaba‑backed) launched real‑time AI video generation, and Alibaba/partners are backing robotics and AI firms — reinforcing the company’s ecosystem play and potential new monetization channels. PixVerse launches real-time AI video tool
• Positive Sentiment: Options activity — Unusually large call option volume suggests speculative bullish interest or hedging ahead of further positive catalysts. Alibaba Group Sees Unusually Large Options Volume (NYSE:BABA)
• Neutral Sentiment: Valuation & analyst views — Some outlets highlight growth at roughly ~18x earnings for AI/cloud growth, framing BABA as a growth play but leaving valuation debate open. JB Global Capital Highlights Alibaba’s AI and Cloud Growth at 18x Earnings
• Neutral Sentiment: Product rollouts for local services — Reports note Alibaba is launching AI services for restaurants and other verticals; these are incremental monetization opportunities but will take time to scale. Alibaba Launching AI Services for Restaurants
• Negative Sentiment: Cash‑flow pressure — An analyst note warns that heavy spending on AI, cloud and quick commerce is widening the gap between revenue growth and cash generation, raising execution and financing risk if monetization lags. Is Alibaba’s Cash Flow Pressure Making Its Growth Strategy Riskier?

Analyst Ratings Changes

Several research firms have commented on BABA. Arete downgraded Alibaba Group from a “buy” rating to a “neutral” rating and set a $172.00 target price on the stock. in a report on Tuesday, December 9th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Alibaba Group in a research note on Wednesday, October 8th. JPMorgan Chase & Co. cut their price objective on shares of Alibaba Group from $240.00 to $230.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Citigroup lifted their target price on shares of Alibaba Group from $218.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Finally, Arete Research set a $172.00 target price on shares of Alibaba Group in a research note on Tuesday, December 9th. Seventeen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $191.84.

Alibaba Group Trading Up 0.4%

Shares of BABA stock opened at $166.97 on Wednesday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.23. Alibaba Group Holding Limited has a 12-month low of $81.49 and a 12-month high of $192.67. The stock has a market capitalization of $398.42 billion, a P/E ratio of 23.06, a P/E/G ratio of 2.58 and a beta of 0.37. The firm’s 50 day moving average is $155.84 and its 200 day moving average is $146.97.

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.