Alibaba Group Holding Limited $BABA Shares Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 83.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 24,296 shares of the specialty retailer’s stock after acquiring an additional 11,071 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Alibaba Group were worth $2,613,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BABA. Accredited Investors Inc. increased its stake in Alibaba Group by 2.9% in the 1st quarter. Accredited Investors Inc. now owns 2,858 shares of the specialty retailer’s stock valued at $359,000 after buying an additional 80 shares during the last quarter. Mainstream Capital Management LLC boosted its stake in shares of Alibaba Group by 1.1% during the 1st quarter. Mainstream Capital Management LLC now owns 8,597 shares of the specialty retailer’s stock worth $1,079,000 after buying an additional 93 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Alibaba Group by 0.6% during the 1st quarter. Blue Trust Inc. now owns 16,457 shares of the specialty retailer’s stock worth $2,065,000 after buying an additional 94 shares during the last quarter. Hoey Investments Inc. boosted its stake in shares of Alibaba Group by 95.2% during the 1st quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock worth $26,000 after buying an additional 100 shares during the last quarter. Finally, Angeles Wealth Management LLC grew its holdings in shares of Alibaba Group by 0.3% in the 2nd quarter. Angeles Wealth Management LLC now owns 30,421 shares of the specialty retailer’s stock valued at $2,952,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 13.47% of the company’s stock.

Insider Buying and Selling

In related news, CFO Hong Xu sold 103,046 shares of Alibaba Group stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $13.68, for a total transaction of $1,409,669.28. Following the completion of the transaction, the chief financial officer owned 406,450 shares in the company, valued at approximately $5,560,236. This trade represents a 20.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Joseph C. Tsai purchased 720,000 shares of the stock in a transaction on Monday, August 24th. The shares were acquired at an average cost 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. The trade was a 0.63% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 999,971 shares of company stock worth $13,563,304 in the last 90 days. 12.50% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Barclays lifted their target price on Alibaba Group from $195.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, August 21st. Jefferies Financial Group reissued a “buy” rating and set a $192.00 price target on shares of Alibaba Group in a research report on Thursday, October 8th. Weiss Ratings raised Alibaba Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Robert W. Baird decreased their price target on Alibaba Group from $164.00 to $160.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $165.00 price target on shares of Alibaba Group in a research report on Monday, September 7th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $182.89.

Read Our Latest Analysis on Alibaba Group

Alibaba Group News Roundup

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

  • Positive Sentiment: Alibaba reportedly backed a $400 million fundraising round for autonomous-delivery company Neolix. The investment could strengthen Alibaba’s logistics and last-mile delivery capabilities while expanding its exposure to driverless-vehicle technology. Alibaba Reportedly Backs Neolix Raise $400 Million for Driverless Delivery Expansion
  • Positive Sentiment: Alibaba, ByteDance and Tencent reportedly placed more than $35 billion of orders for Nvidia chips. The demand highlights Alibaba’s substantial AI ambitions and could support future cloud-computing and AI-service growth, although Nvidia may be able to fulfill only a portion of the orders because of supply constraints and export restrictions. ByteDance, Alibaba, Tencent place over US$35 bn worth of Nvidia chip orders
  • Positive Sentiment: Alibaba’s RISC-V intellectual property reportedly powers more than 6 billion shipped chips, offering a potential long-term opportunity in AI, automotive and embedded-computing markets. Alibaba’s RISC-V IP powers over 6 billion shipped chips as tech giant targets AI, autos
  • Neutral Sentiment: Recent investment commentary presents Alibaba as a potential 2026 retail investment because of its leading Chinese e-commerce position, conservative balance sheet and AI/cloud expansion. However, comparisons with Walmart and Home Depot emphasize that Alibaba remains a higher-growth, higher-risk alternative rather than a direct defensive substitute. Better Retail Stock for 2026: Alibaba vs. Walmart
  • Negative Sentiment: The immediate pressure came from a broad retreat in Chinese technology stocks. Alibaba was among the hardest-hit names as investors questioned whether heavy AI and cloud spending will generate sufficient returns, raising concerns about margins, cash flow and near-term earnings. China Tech Stocks Slide While Broader Market Edges Higher

Alibaba Group Stock Performance

Shares of BABA stock opened at $104.35 on Thursday. The stock has a market cap of $259.60 billion, a P/E ratio of 47.64, a P/E/G ratio of 1.42 and a beta of 0.47. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.36 and a quick ratio of 1.36. The company has a fifty day moving average price of $113.08 and a two-hundred day moving average price of $118.69. Alibaba Group Holding Limited has a one year low of $91.99 and a one year high of $182.50.

Alibaba Group (NYSE:BABA – Get Free Report) last announced its quarterly earnings data 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 firm 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 business’s revenue was up 8.6% on a year-over-year basis. During the same period last year, the business earned $14.75 EPS. As a group, equities analysts predict that Alibaba Group Holding Limited will post 5.74 EPS for the current year.

Alibaba Group Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BABA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alibaba Group Holding Limited (NYSE:BABA – Free Report).

Institutional Ownership by Quarter for Alibaba Group (NYSE:BABA)

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