114,624 Shares of Alibaba Group Holding Limited $BABA Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new position in Alibaba Group Holding Limited (NYSE:BABA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 114,624 shares of the specialty retailer’s stock, valued at approximately $12,327,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aureus Asset Management LLC raised its stake in shares of Alibaba Group by 511.0% during the first quarter. Aureus Asset Management LLC now owns 9,361 shares of the specialty retailer’s stock worth $1,174,000 after buying an additional 7,829 shares during the last quarter. IPG Investment Advisors LLC lifted its holdings in Alibaba Group by 97.8% in the second quarter. IPG Investment Advisors LLC now owns 17,019 shares of the specialty retailer’s stock valued at $1,647,000 after buying an additional 8,415 shares during the period. Teachers Retirement System of The State of Kentucky boosted its stake in Alibaba Group by 24.5% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 259,580 shares of the specialty retailer’s stock valued at $32,567,000 after acquiring an additional 51,000 shares during the last quarter. QV Investors Inc. boosted its stake in Alibaba Group by 66.3% in the third quarter. QV Investors Inc. now owns 123,617 shares of the specialty retailer’s stock valued at $13,294,000 after acquiring an additional 49,270 shares during the last quarter. Finally, Jennison Associates LLC boosted its stake in Alibaba Group by 54.2% in the first quarter. Jennison Associates LLC now owns 83,627 shares of the specialty retailer’s stock valued at $10,492,000 after acquiring an additional 29,392 shares during the last quarter. Institutional investors own 13.47% of the company’s stock.

Alibaba Group Stock Down 1.2%

Alibaba Group stock opened at $100.24 on Wednesday. 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 Holding Limited has a 1-year low of $91.99 and a 1-year high of $181.10. The company has a fifty day simple moving average of $108.93 and a 200 day simple moving average of $125.92. 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) last announced its quarterly earnings data on Friday, August 14th. The specialty retailer reported $1.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.94 by ($0.68). Alibaba Group had a return on equity of 4.79% and a net margin of 7.00%. The company had revenue of $39.64 billion for the quarter, compared to the consensus estimate of $39.52 billion. During the same quarter in the prior year, the company earned $14.75 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis. Research analysts anticipate that Alibaba Group Holding Limited will post 5.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Fang Jiang sold 885,272 shares of the company’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $13.55, for a total transaction of $11,995,435.60. Following the completion of the sale, the insider owned 4,679,097 shares of the company’s stock, valued at $63,401,764.35. This represents a 15.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Yongming Wu bought 350,000 shares of the business’s stock in a transaction on Monday, August 24th. The shares were acquired at an average price of $14.24 per share, with a total value of $4,984,000.00. Following the completion of the purchase, the chief executive officer directly owned 1,364,418 shares of the company’s stock, valued at approximately $19,429,312.32. The trade was a 34.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have sold 999,971 shares of company stock worth $13,563,304. 12.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

BABA has been the subject of several recent research reports. Citigroup upped their target price on shares of Alibaba Group from $190.00 to $193.00 and gave the company a “buy” rating in a research report on Thursday, October 8th. HSBC set a $170.00 price objective on Alibaba Group in a research note on Thursday, July 9th. Jefferies Financial Group reiterated a “buy” rating and issued a $192.00 price objective on shares of Alibaba Group in a report on Thursday, October 8th. Piper Sandler lowered Alibaba Group to a “hold” rating in a research note on Thursday, October 8th. Finally, Robert W. Baird cut their target price on Alibaba Group from $164.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Alibaba Group has an average rating of “Moderate Buy” and an average price target of $182.89.

Alibaba Group News Summary

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.