Wealth Enhancement Advisory Services LLC Has $16.06 Million Holdings in Alibaba Group Holding Limited $BABA

Wealth Enhancement Advisory Services LLC decreased its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 6.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 88,567 shares of the specialty retailer’s stock after selling 5,922 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Alibaba Group were worth $16,060,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Norges Bank bought a new stake in shares of Alibaba Group in the 2nd quarter valued at about $527,243,000. Alkeon Capital Management LLC acquired a new position in shares of Alibaba Group in the second quarter worth approximately $184,291,000. Clear Street LLC acquired a new position in shares of Alibaba Group in the second quarter worth approximately $58,503,000. National Bank of Canada FI boosted its holdings in Alibaba Group by 373.5% in the second quarter. National Bank of Canada FI now owns 602,233 shares of the specialty retailer’s stock valued at $68,294,000 after acquiring an additional 475,053 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in Alibaba Group by 8.0% during the 2nd quarter. Fisher Asset Management LLC now owns 5,267,441 shares of the specialty retailer’s stock valued at $597,381,000 after purchasing an additional 390,883 shares during the period. 13.47% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Freedom Capital downgraded shares of Alibaba Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Wall Street Zen lowered shares of Alibaba Group from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Morgan Stanley cut their price target on shares of Alibaba Group from $200.00 to $180.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Benchmark reissued a “buy” rating and issued a $195.00 price objective on shares of Alibaba Group in a research report on Tuesday, November 25th. Finally, Zacks Research lowered Alibaba Group from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 14th. Eighteen analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $192.72.

More Alibaba Group News

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

• Positive Sentiment: Arete Research upgraded BABA from Neutral to Buy and set a $190 price target, giving investors a clear near‑term upside reference and helping lift sentiment. Alibaba Group (NYSE:BABA) Trading Up 5.2% Following Analyst Upgrade
• Positive Sentiment: Brokerage consensus sits at a “Moderate Buy,” reinforcing the upgrade momentum and suggesting broad analyst support for the stock’s rebound. Alibaba Group Holding Limited (NYSE:BABA) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
• Positive Sentiment: Multiple reports say Alibaba is preparing to restructure and potentially IPO its AI chipmaking unit, T‑Head, which would unlock value, tap strong investor demand for AI chip plays, and position the unit to compete in the AI accelerator market — a strategic move investors typically reward. Alibaba to plan IPO for AI chipmaking unit T-Head, Bloomberg News reports
• Positive Sentiment: Follow‑on coverage highlights strong market interest in a T‑Head listing and frames the move as part of Alibaba’s push into AI hardware — press coverage has already driven buying interest in the shares. Alibaba shares surge after report co prepares IPO of AI chip unit as demand surges
• Neutral Sentiment: Reports that Alibaba formed a JV with state-owned CNNC to secure nuclear power for AI operations signals infrastructure planning for large‑scale AI workloads; supportive for long‑term execution but less likely to move near‑term fundamentals. Alibaba forms JV with Chinese state-owned nuclear developer CNNC – report

Alibaba Group Trading Up 5.2%

NYSE BABA opened at $177.46 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23. Alibaba Group Holding Limited has a 52 week low of $84.96 and a 52 week high of $192.67. The business has a 50 day moving average price of $156.58 and a 200-day moving average price of $149.26. The company has a market cap of $423.67 billion, a price-to-earnings ratio of 24.51, a P/E/G ratio of 3.63 and a beta of 0.37.

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.