IPG Investment Advisors LLC Purchases 14,500 Shares of Alibaba Group Holding Limited $BABA

IPG Investment Advisors LLC boosted its position in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 85.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 31,519 shares of the specialty retailer’s stock after purchasing an additional 14,500 shares during the period. IPG Investment Advisors LLC’s holdings in Alibaba Group were worth $3,390,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of BABA. Accredited Investors Inc. grew its holdings in Alibaba Group by 2.9% during the 1st quarter. Accredited Investors Inc. now owns 2,858 shares of the specialty retailer’s stock worth $359,000 after acquiring an additional 80 shares during the period. Hoey Investments Inc. raised its position in shares of Alibaba Group by 95.2% in the 1st quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 100 shares in the last quarter. Angeles Wealth Management LLC raised its position 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 worth $2,952,000 after acquiring an additional 100 shares in the last quarter. Hardin Capital Partners LLC raised its position in shares of Alibaba Group by 1.5% in the 2nd quarter. Hardin Capital Partners LLC now owns 6,945 shares of the specialty retailer’s stock worth $670,000 after acquiring an additional 104 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its stake in shares of Alibaba Group by 1.0% in the 3rd quarter. Magnus Financial Group LLC now owns 10,851 shares of the specialty retailer’s stock valued at $1,167,000 after purchasing an additional 105 shares during the period. Institutional investors own 13.47% of the company’s stock.

Insider Activity at Alibaba Group

In other news, General Counsel Siying Yu sold 6,764 shares of the company’s stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $13.58, for a total transaction of $91,855.12. Following the transaction, the general counsel directly owned 613,965 shares of the company’s stock, valued at $8,337,644.70. This represents a 1.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Joseph Tsai bought 720,000 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average price of $14.29 per share, for a total transaction of $10,288,800.00. Following the completion of the acquisition, the director owned 114,979,168 shares in the company, valued at $1,643,052,310.72. This represents 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 valued at $13,563,304 over the last three months. 12.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

BABA has been the topic of several research analyst reports. Susquehanna upped their target price on Alibaba Group from $185.00 to $190.00 and gave the company a “positive” rating in a research report on Friday, August 28th. HSBC set a $170.00 target price on Alibaba Group in a research note on Thursday, July 9th. Citigroup lifted their target price on Alibaba Group from $190.00 to $193.00 and gave the stock a “buy” rating in a report on Thursday, October 8th. Sanford C. Bernstein reissued an “outperform” rating and issued a $165.00 price target on shares of Alibaba Group in a research note on Monday, September 7th. Finally, JPMorgan Chase & Co. cut their price target on Alibaba Group from $210.00 to $200.00 and set an “overweight” rating on the stock in a report on Monday, October 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $182.89.

Get Our Latest Stock Report on Alibaba Group

More Alibaba Group News

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 Stock Down 1.2%

BABA stock opened at $100.24 on Wednesday. The stock’s 50 day simple moving average is $108.93 and its 200 day simple moving average is $125.92. Alibaba Group Holding Limited has a fifty-two week low of $91.99 and a fifty-two week high of $181.10. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market cap of $249.38 billion, a P/E ratio of 24.27, a price-to-earnings-growth ratio of 1.32 and a beta of 0.44.

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

Further Reading

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

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