Triglav Investments D.O.O. Has $6.81 Million Stock Holdings in Alibaba Group Holding Limited $BABA

Triglav Investments D.O.O. increased its position in Alibaba Group Holding Limited (NYSE:BABA) by 90.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 54,230 shares of the specialty retailer’s stock after acquiring an additional 25,730 shares during the quarter. Triglav Investments D.O.O.’s holdings in Alibaba Group were worth $6,806,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in BABA. Hoey Investments Inc. increased its position in Alibaba Group by 95.2% in the 1st quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 100 shares during the period. Costello Asset Management INC acquired a new position in shares of Alibaba Group during the fourth quarter worth $34,000. Palisade Asset Management LLC bought a new stake in shares of Alibaba Group in the third quarter worth $37,000. Palladiem LLC bought a new stake in shares of Alibaba Group in the fourth quarter worth $38,000. Finally, SJS Investment Consulting Inc. increased its holdings in Alibaba Group by 15,000.0% in the first quarter. SJS Investment Consulting Inc. now owns 302 shares of the specialty retailer’s stock valued at $38,000 after purchasing an additional 300 shares during the period. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Alibaba Group Trading Down 0.0%

NYSE:BABA opened at $112.30 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a market cap of $269.61 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 2.07 and a beta of 0.51. Alibaba Group Holding Limited has a 52 week low of $91.99 and a 52 week high of $192.67. The firm has a 50-day moving average price of $118.89 and a two-hundred day moving average price of $136.37.

Alibaba Group (NYSE:BABA) last announced its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. The firm had revenue of $35.30 billion for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%. On average, equities analysts expect that Alibaba Group Holding Limited will post 6.28 earnings per share for the current fiscal year.

Alibaba Group Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, June 11th will be given a dividend of $1.05 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a dividend yield of 93.0%. Alibaba Group’s dividend payout ratio (DPR) is currently 16.91%.

Key Alibaba Group News

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

• Positive Sentiment: Alibaba shares rallied after reports highlighted improving optimism around its AI and cloud businesses, including commentary that AI-driven revenue could support earnings and a re-rating of the stock. Alibaba shares jump on AI cloud market
• Positive Sentiment: News that China may allow selected firms, including Alibaba, to access Nvidia’s H200 chips could support Alibaba’s AI development and cloud infrastructure plans. Related China AI chip access report
• Positive Sentiment: Alibaba also received a temporary U.S. legal reprieve from certain Pentagon-linked lobbying restrictions, easing one source of regulatory pressure in the near term. Alibaba settles DOJ case as AI rules tighten
• Neutral Sentiment: The company is updating internal AI policies in response to China’s tightening AI rules, including changes to its Qwen platform and restrictions on some third-party tools, which mainly signals compliance rather than an immediate financial impact. Alibaba settles DOJ case as AI rules tighten
• Negative Sentiment: Alibaba agreed to a $600 million non-prosecution settlement with the U.S. Department of Justice over historic illegal pharmaceutical sales, adding a meaningful legal overhang and potential reputational drag. Alibaba settles DOJ case as AI rules tighten
• Negative Sentiment: Investor-rights and securities-fraud law firms announced investigations into Alibaba, which can weigh on sentiment even if no wrongdoing has been proven. Howard G. Smith securities fraud investigation

Insider Activity

In related news, CFO Hong Xu sold 175,054 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $12.15, for a total transaction of $2,126,906.10. Following the completion of the transaction, the chief financial officer owned 280,496 shares in the company, valued at approximately $3,408,026.40. This represents a 38.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President J. Michael Evans sold 720,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $94.95, for a total transaction of $68,364,000.00. Following the sale, the president owned 28,000 shares of the company’s stock, valued at approximately $2,658,600. The trade was a 96.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 920,303 shares of company stock worth $70,796,370. 12.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Alibaba Group in a research note on Wednesday, May 27th. BNP Paribas Exane initiated coverage on shares of Alibaba Group in a research report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price objective for the company. JPMorgan Chase & Co. increased their price target on Alibaba Group from $200.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Nomura lowered their price objective on shares of Alibaba Group from $207.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday, June 25th. Finally, DZ Bank downgraded shares of Alibaba Group from a “buy” rating to a “hold” rating and set a $135.00 target price for the company. in a research report on Friday, March 20th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $186.90.

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.