Alibaba Group Holding Limited $BABA Stock Purchased by TT International Asset Management LTD

TT International Asset Management LTD lifted its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 2,775.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 185,036 shares of the specialty retailer’s stock after purchasing an additional 178,600 shares during the quarter. Alibaba Group accounts for about 2.2% of TT International Asset Management LTD’s portfolio, making the stock its 14th largest position. TT International Asset Management LTD’s holdings in Alibaba Group were worth $19,899,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of BABA. Nykredit A S bought a new position in shares of Alibaba Group in the 2nd quarter valued at $50,417,000. Pale Fire Capital SE bought a new stake in Alibaba Group during the 2nd quarter worth $49,810,000. Candriam S.C.A. grew its position in Alibaba Group by 104.6% during the 1st quarter. Candriam S.C.A. now owns 564,818 shares of the specialty retailer’s stock worth $70,862,000 after acquiring an additional 288,738 shares during the last quarter. Sei Investments Co. increased its holdings in Alibaba Group by 63.5% in the 1st quarter. Sei Investments Co. now owns 573,409 shares of the specialty retailer’s stock worth $71,940,000 after purchasing an additional 222,666 shares in the last quarter. Finally, WCM Investment Management LLC increased its holdings in Alibaba Group by 347.6% in the 1st quarter. WCM Investment Management LLC now owns 249,736 shares of the specialty retailer’s stock worth $30,463,000 after purchasing an additional 193,947 shares in the last quarter. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BABA. Jefferies Financial Group reissued a “buy” rating and set a $192.00 price target on shares of Alibaba Group in a research note on Thursday, October 8th. Susquehanna upped their price objective on Alibaba Group from $185.00 to $190.00 and gave the company a “positive” rating in a research note on Friday, August 28th. Piper Sandler lowered shares of Alibaba Group to a “hold” rating in a report on Thursday, October 8th. Citigroup lifted their target price on shares of Alibaba Group from $190.00 to $193.00 and gave the stock a “buy” rating in a research report on Thursday, October 8th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Alibaba Group from $210.00 to $200.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $182.89.

Alibaba Group Stock Down 1.2%

Shares of BABA opened at $100.24 on Wednesday. The company has a market capitalization of $249.38 billion, a PE ratio of 24.27, a PEG ratio of 1.32 and a beta of 0.44. Alibaba Group Holding Limited has a 12 month low of $91.99 and a 12 month high of $181.10. The stock’s 50-day moving average price is $108.93 and its two-hundred day moving average price is $125.92. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.21.

Alibaba Group (NYSE:BABA) last released its quarterly earnings results on Friday, August 14th. The specialty retailer reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.68). The company had revenue of $39.64 billion during the quarter, compared to the consensus estimate of $39.52 billion. Alibaba Group had a net margin of 7.00% and a return on equity of 4.79%. The company’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $14.75 EPS. On average, analysts anticipate that Alibaba Group Holding Limited will post 5.76 EPS for the current year.

Insider Buying and Selling

In other news, Director Joseph C. Tsai purchased 720,000 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were purchased at an average price of $14.29 per share, for a total transaction of $10,288,800.00. Following the transaction, the director owned 114,979,168 shares of the company’s stock, valued at approximately $1,643,052,310.72. This trade represents a 0.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Yongming Wu purchased 350,000 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was purchased at an average price of $14.24 per share, for a total transaction of $4,984,000.00. Following the transaction, the chief executive officer directly owned 1,364,418 shares in the company, valued at approximately $19,429,312.32. This trade represents a 34.50% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 999,971 shares of company stock valued at $13,563,304 over the last 90 days. 12.50% of the stock is currently owned by corporate insiders.

Alibaba Group News Roundup

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

• Positive Sentiment: Apple is expected to begin testing Alibaba’s Qwen model on iPhones on November 4, ahead of a planned December rollout in China. Integration into Siri and other Apple Intelligence features could expose Qwen to a large user base and strengthen Alibaba’s AI reach. Alibaba Stocks Decline as Qwen’s iPhone Test Starts November 4
• Positive Sentiment: Alibaba’s cloud and AI technology will support the 2026 Dakar Youth Olympic Games in Dakar, showcasing its services in a prominent international event and potentially helping its cloud business build visibility. Alibaba (BABA) Will Power Dakar 2026 With Cloud And AI
• Neutral Sentiment: China’s fresh signals of support for its stock market helped lift Alibaba and other Chinese internet shares in the previous session. The policy backdrop is supportive, though the article does not establish a direct or lasting benefit to Alibaba’s fundamentals. PDD Holdings Rises, Alibaba Up as China Signals Fresh Stock Market Support
• Negative Sentiment: The Apple partnership’s financial terms have not been disclosed. While the distribution opportunity is notable, investors may wait for details on monetization and evidence that the Qwen integration can generate meaningful revenue; that uncertainty could temper enthusiasm after recent gains. Alibaba Stocks Decline as Qwen’s iPhone Test Starts November 4

Alibaba Group Profile

Alibaba Group Holding Limited is a technology and commerce company founded in 1999 and headquartered in Hangzhou, China. It operates a broad digital ecosystem that connects consumers, merchants, brands and businesses through online marketplaces, technology platforms and related services.

The company’s China commerce businesses include Taobao, a consumer-focused marketplace, and Tmall, which enables brands and retailers to sell directly to consumers. Alibaba also operates 1688, a business-to-business wholesale marketplace.