Baillie Gifford & Co. acquired a new stake in Alibaba Group Holding Limited (NYSE:BABA – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 371,605 shares of the specialty retailer’s stock, valued at approximately $66,417,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of BABA. TrueMark Investments LLC grew its position in Alibaba Group by 2.3% in the 3rd quarter. TrueMark Investments LLC now owns 20,441 shares of the specialty retailer’s stock valued at $3,653,000 after purchasing an additional 463 shares during the period. Hudson Value Partners LLC acquired a new position in shares of Alibaba Group during the third quarter valued at about $2,629,000. Vanguard Capital Wealth Advisors grew its holdings in shares of Alibaba Group by 9.1% during the third quarter. Vanguard Capital Wealth Advisors now owns 2,400 shares of the specialty retailer’s stock valued at $429,000 after buying an additional 200 shares during the last quarter. IronBridge Private Wealth LLC bought a new stake in shares of Alibaba Group during the third quarter worth about $3,833,000. Finally, Ridgewood Investments LLC raised its holdings in shares of Alibaba Group by 31.3% in the 3rd quarter. Ridgewood Investments LLC now owns 7,346 shares of the specialty retailer’s stock worth $1,313,000 after acquiring an additional 1,753 shares during the last quarter. Institutional investors own 13.47% of the company’s stock.
Analysts Set New Price Targets
BABA has been the topic of a number of recent research reports. Arete Research upgraded Alibaba Group from a “neutral” rating to a “buy” rating and set a $190.00 target price on the stock in a report on Wednesday. Rosenblatt Securities set a $195.00 price target on Alibaba Group in a research report on Wednesday, November 26th. Nomura cut their price objective on shares of Alibaba Group from $215.00 to $193.00 and set a “buy” rating on the stock in a report on Monday, January 12th. Morgan Stanley reduced their target price on shares of Alibaba Group from $200.00 to $180.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Alibaba Group in a report on Wednesday. Eighteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $192.72.
Alibaba Group Stock Down 2.2%
Shares of NYSE:BABA opened at $173.35 on Friday. Alibaba Group Holding Limited has a 1 year low of $86.48 and a 1 year high of $192.67. The company has a market capitalization of $413.85 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 3.73 and a beta of 0.37. The business has a fifty day moving average price of $156.97 and a two-hundred day moving average price of $150.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.46 and a quick ratio of 1.46.
Alibaba Group News Roundup
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Arete Research upgraded BABA from Neutral to Buy and set a $190 price target; the upgrade triggered an intraday rally as investors responded to improved analyst conviction. Article Title
- Positive Sentiment: Reports that Alibaba is preparing to restructure and list its AI chip arm, T‑Head, have driven optimism that a spinoff/IPO could unlock value and position the company in the hot AI‑accelerator market — multiple outlets cite people familiar with the plan. Article Title
- Positive Sentiment: Brokerage coverage is tilted favorable: a consensus “Moderate Buy” from brokerages reinforces the bullish analyst tone and supports investor interest. Article Title
- Neutral Sentiment: Multiple news outlets reported the T‑Head IPO story and intraday share pops/pre‑market rallies; these are market‑reaction pieces rather than official filings — the long‑term impact depends on deal structure, timing and regulatory filings. Article Title
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.
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