Cetera Investment Advisers lowered its stake in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 4.1% during the first quarter, Holdings Channel reports. The fund owned 129,802 shares of the specialty retailer’s stock after selling 5,552 shares during the period. Cetera Investment Advisers’ holdings in Alibaba Group were worth $16,285,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of BABA. Aureus Asset Management LLC increased its holdings in Alibaba Group by 511.0% during the 1st quarter. Aureus Asset Management LLC now owns 9,361 shares of the specialty retailer’s stock worth $1,174,000 after purchasing an additional 7,829 shares during the period. NewEdge Wealth LLC boosted its stake in shares of Alibaba Group by 19.7% in the 1st quarter. NewEdge Wealth LLC now owns 53,957 shares of the specialty retailer’s stock valued at $6,769,000 after buying an additional 8,879 shares during the period. ABN Amro Investment Solutions boosted its stake in shares of Alibaba Group by 103.5% in the 1st quarter. ABN Amro Investment Solutions now owns 219,713 shares of the specialty retailer’s stock valued at $27,565,000 after buying an additional 111,763 shares during the period. Baader Bank Aktiengesellschaft grew its position in shares of Alibaba Group by 36.0% during the first quarter. Baader Bank Aktiengesellschaft now owns 4,678 shares of the specialty retailer’s stock worth $569,000 after buying an additional 1,238 shares in the last quarter. Finally, Madison Asset Management LLC grew its position in shares of Alibaba Group by 5.7% during the first quarter. Madison Asset Management LLC now owns 29,010 shares of the specialty retailer’s stock worth $3,640,000 after buying an additional 1,566 shares in the last quarter. 13.47% of the stock is currently owned by institutional investors and hedge funds.
More Alibaba Group News
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba’s expanding AI and semiconductor investment portfolio—including exposure to companies such as CXMT and Zhipu—could strengthen its position in China’s technology ecosystem and create additional long-term growth opportunities. From CXMT to Zhipu: How Alibaba’s investment pays off with a growing AI and chip portfolio
- Positive Sentiment: Alibaba Cloud remains a key bullish argument. Its Cloud Intelligence Group has posted strong long-term growth, while proprietary Qwen AI models, competitive pricing, improving margins and supportive Chinese AI policies could drive further cloud adoption. Planned Chinese data-center investment of roughly $295 billion over five years may also benefit Alibaba’s cloud and chip businesses. Alibaba: China AI Policies And Robust Competitiveness To Support Cloud Growth
- Neutral Sentiment: Recent attention from investors and elevated searches for BABA may increase visibility, but the coverage provides limited new fundamental information. Investors Heavily Search Alibaba Group Holding Limited
- Negative Sentiment: A comparison with Oracle presents Oracle’s faster cloud growth, large AI backlog and partnerships as a stronger investment case, highlighting concerns that Alibaba’s recent share-price weakness and slower global cloud-market momentum may limit near-term enthusiasm. Oracle vs. Alibaba: Which Cloud & AI Giant Should You Buy Right Now?
- Negative Sentiment: Pomerantz LLP announced an investigation into potential claims on behalf of Alibaba investors. The notice does not establish wrongdoing, but it introduces a legal-risk overhang and could pressure sentiment if additional allegations emerge. Pomerantz Investor Alert
- Negative Sentiment: Potential U.S.-China semiconductor export restrictions involving chips based on Alibaba designs could disrupt supply-chain relationships and constrain AI-chip development, although the measures remain under consideration. Beijing Just Aimed at Taiwan Semiconductor Manufacturing Company
Alibaba Group Price Performance
Alibaba Group (NYSE:BABA – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $35.30 billion during the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%. As a group, equities research analysts forecast that Alibaba Group Holding Limited will post 6.28 EPS 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 given 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%.
Insiders Place Their Bets
In other news, CEO Fan (Fj) Jiang sold 13,579 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.10, for a total value of $164,305.90. Following the completion of the transaction, the chief executive officer owned 556,617 shares in the company, valued at approximately $6,735,065.70. This represents a 2.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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 stock in a transaction on Monday, June 29th. The shares were sold at an average price of $94.95, for a total transaction of $68,364,000.00. Following the completion of the transaction, the president directly owned 28,000 shares in the company, 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. In the last 90 days, insiders have sold 920,303 shares of company stock worth $70,796,370. 12.50% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Several brokerages recently weighed in on BABA. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alibaba Group in a report on Wednesday, May 27th. Barclays boosted their price target on shares of Alibaba Group from $186.00 to $195.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Susquehanna raised their price objective on shares of Alibaba Group from $170.00 to $185.00 and gave the company a “positive” rating in a report on Friday, May 15th. Wall Street Zen raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Finally, Mizuho boosted their target price on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Alibaba Group presently has an average rating of “Moderate Buy” and an average price target of $186.90.
View Our Latest Research Report on 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.
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