Summit Global Investments Sells 3,258 Shares of Alibaba Group Holding Limited $BABA

Summit Global Investments trimmed its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 42.9% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,328 shares of the specialty retailer’s stock after selling 3,258 shares during the period. Summit Global Investments’ holdings in Alibaba Group were worth $774,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Rosenberg Matthew Hamilton purchased a new position in Alibaba Group in the 2nd quarter worth approximately $26,000. Mather Group LLC. bought a new stake in shares of Alibaba Group in the 3rd quarter worth $30,000. NBT Bank N A NY raised its stake in shares of Alibaba Group by 231.5% in the third quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 125 shares during the last quarter. NewSquare Capital LLC lifted its holdings in shares of Alibaba Group by 65.0% during the second quarter. NewSquare Capital LLC now owns 330 shares of the specialty retailer’s stock valued at $37,000 after purchasing an additional 130 shares in the last quarter. Finally, Elkhorn Partners Limited Partnership boosted its position in shares of Alibaba Group by 33.3% during the second quarter. Elkhorn Partners Limited Partnership now owns 400 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 100 shares during the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Alibaba Group

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

• Positive Sentiment: Alibaba’s chip unit T-Head unveiled the self-developed AI chip Zhenwu 810E, which the company says completes its AI “golden triangle” (chip, cloud, models). This strengthens Alibaba’s cloud/AI moat and reduces reliance on foreign suppliers. Alibaba’s T-Head unveils self-developed AI chip Zhenwu 810E
• Positive Sentiment: Alibaba struck a major logistics deal (~$2 billion) to deploy Robovans and is consolidating logistics and autonomous-driving units (Zelos), aiming to cut delivery costs and scale automated fulfillment — a long-term cost-saver that supports margins if execution succeeds. Alibaba Reshapes Logistics With $2 Billion Robovan Deal
• Neutral Sentiment: Alibaba and ByteDance plan new AI model launches for Lunar New Year — shows intense domestic AI competition but also validates large addressable demand for Chinese generative-AI services. Competitive dynamics could spur adoption but also require continued spending. ByteDance and Alibaba to release new AI models for Lunar New Year – Information
• Neutral Sentiment: Media coverage of analyst ratings remains mixed; some Wall Street commentary is bullish on BABA’s long-term AI/cloud story but investors should treat upgrades/downgrades as sentiment drivers rather than fundamentals. Is It Worth Investing in Alibaba (BABA) Based on Wall Street’s Bullish Views?
• Negative Sentiment: Near-term margin pressure: Q2 FY26 results and analyst write-ups highlight modest revenue growth but steep margin erosion as competition and heavy AI/logistics spending weigh on profits — a key reason for today’s downward price move. BABA’s Margins Suffer From Stiff Competition: Time to Sell the Stock?

Alibaba Group Stock Down 2.6%

BABA opened at $169.70 on Friday. The firm’s 50 day simple moving average is $158.58 and its two-hundred day simple moving average is $152.27. The company has a market capitalization of $405.14 billion, a PE ratio of 23.44, a PEG ratio of 3.80 and a beta of 0.37. Alibaba Group Holding Limited has a 1-year low of $95.73 and a 1-year high of $192.67. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.23.

Wall Street Analysts Forecast Growth

BABA has been the subject of a number of recent analyst reports. Rosenblatt Securities set a $195.00 target price on Alibaba Group in a research report on Wednesday, November 26th. JPMorgan Chase & Co. decreased their price objective on shares of Alibaba Group from $240.00 to $230.00 and set an “overweight” rating for the company in a report on Wednesday, November 26th. Citigroup raised 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. Nomura lifted their target price on shares of Alibaba Group from $193.00 to $237.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Jefferies Financial Group lowered their price target on Alibaba Group from $231.00 to $225.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $195.17.

About Alibaba Group

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.