Jessup Wealth Management Inc Sells 12,040 Shares of Alibaba Group Holding Limited $BABA

Jessup Wealth Management Inc cut its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 16.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,067 shares of the specialty retailer’s stock after selling 12,040 shares during the period. Alibaba Group comprises approximately 2.9% of Jessup Wealth Management Inc’s portfolio, making the stock its 13th largest position. Jessup Wealth Management Inc’s holdings in Alibaba Group were worth $7,912,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in Alibaba Group by 7,680.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,014,147 shares of the specialty retailer’s stock valued at $881,554,000 after acquiring an additional 5,936,847 shares during the period. Norges Bank acquired a new position in shares of Alibaba Group during the fourth quarter worth $594,477,000. Altshuler Shaham Ltd bought a new stake in shares of Alibaba Group in the fourth quarter worth $160,410,000. Third Point LLC bought a new stake in shares of Alibaba Group in the 4th quarter valued at about $120,928,000. Finally, Bbfit Investments PTE Ltd. acquired a new stake in Alibaba Group during the 4th quarter valued at approximately $106,828,000. 13.47% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. HSBC set a $170.00 price target on Alibaba Group in a report on Thursday, July 9th. BNP Paribas Exane started coverage on shares of Alibaba Group in a research note on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price target for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Alibaba Group in a report on Wednesday, May 27th. Nomura dropped their price target on shares of Alibaba Group from $207.00 to $178.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. Finally, Freedom Capital upgraded shares of Alibaba Group from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $186.90.

Alibaba Group Trading Up 0.1%

NYSE BABA opened at $112.26 on Monday. The stock has a market capitalization of $269.09 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 2.07 and a beta of 0.51. Alibaba Group Holding Limited has a one year low of $91.99 and a one year high of $192.67. 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 business’s fifty day moving average is $114.46 and its 200-day moving average is $133.92.

Alibaba Group (NYSE:BABA) last posted its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The company had revenue of $35.30 billion during the quarter. Equities research analysts predict 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. Investors of record on Thursday, June 11th were paid a $1.05 dividend. The ex-dividend date was Thursday, June 11th. This represents a yield of 93.0%. Alibaba Group’s dividend payout ratio is presently 16.91%.

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

Insider Buying and Selling at Alibaba Group

In other news, General Counsel Siying Yu sold 6,772 shares of the stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $12.10, for a total transaction of $81,941.20. Following the completion of the transaction, the general counsel owned 607,234 shares in the company, valued at approximately $7,347,531.40. This represents a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Fan (Fj) Jiang sold 13,579 shares of Alibaba Group stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. 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 quarter. Insiders own 12.50% of the company’s stock.

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.