PNC Financial Services Group Inc. Acquires 3,223 Shares of Alibaba Group Holding Limited $BABA

PNC Financial Services Group Inc. boosted its holdings in Alibaba Group Holding Limited (NYSE:BABA) by 7.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,759 shares of the specialty retailer’s stock after purchasing an additional 3,223 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Alibaba Group were worth $8,715,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Mather Group LLC. bought a new stake in Alibaba Group in the third quarter worth $30,000. NBT Bank N A NY raised its position in shares of Alibaba Group by 231.5% in the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 125 shares during the last quarter. NewSquare Capital LLC boosted its stake in Alibaba Group by 65.0% in the 2nd quarter. NewSquare Capital LLC now owns 330 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 130 shares in the last quarter. Elkhorn Partners Limited Partnership grew its position in Alibaba Group by 33.3% during the 2nd quarter. Elkhorn Partners Limited Partnership now owns 400 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 100 shares during the last quarter. Finally, Richardson Financial Services Inc. increased its stake in Alibaba Group by 34.4% during the 3rd quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 65 shares in the last quarter. 13.47% of the stock is currently owned by hedge funds and other institutional investors.

Alibaba Group Stock Performance

Shares of BABA opened at $155.91 on Thursday. Alibaba Group Holding Limited has a one year low of $95.73 and a one year high of $192.67. The business has a fifty day moving average of $159.05 and a 200 day moving average of $155.99. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market capitalization of $372.23 billion, a P/E ratio of 21.54, a PEG ratio of 3.40 and a beta of 0.39.

Analysts Set New Price Targets

A number of research firms have recently commented on BABA. Nomura increased their price target on shares of Alibaba Group from $193.00 to $237.00 and gave the company a “buy” rating in a report on Monday, January 26th. Jefferies Financial Group cut their target price on Alibaba Group from $231.00 to $225.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Sanford C. Bernstein reduced their target price on Alibaba Group from $200.00 to $190.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. JPMorgan Chase & Co. lowered their price target on Alibaba Group from $240.00 to $230.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Finally, Erste Group Bank downgraded Alibaba Group from a “buy” rating to a “hold” rating in a report on Wednesday. Seventeen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $195.17.

Alibaba Group News Summary

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

• Positive Sentiment: Launch of Qwen‑3.5 — Alibaba unveiled Qwen3.5 (faster, cheaper, agent-capable), which management says cuts costs and boosts throughput; investors view this as a clear AI/capability catalyst that could lift cloud and AI monetization. Read More.
• Positive Sentiment: Cloud momentum — recent analysis notes strong AI-driven cloud revenue growth (e.g., +34% YoY cited) that could underpin longer‑term revenue upside if monetization improves. Read More.
• Neutral Sentiment: Technical setup — chartists point to a bull‑flag breakout and a post‑breakout pullback testing Fibonacci/channel support; a higher swing low would be needed to confirm resumed upside. Read More.
• Neutral Sentiment: Mixed analyst consensus — some services still rate BABA favorably (consensus “Moderate Buy”), but views are diverging ahead of Q3 results. Read More.
• Negative Sentiment: Analyst downgrade — Erste Group cut BABA from Buy to Hold, signaling caution among some institutional analysts and reducing near‑term buying pressure. Read More.
• Negative Sentiment: Ongoing securities‑fraud investigation — a shareholder law firm continues an investigation into possible federal securities‑law violations, adding legal/settlement risk that can weigh on sentiment. Read More.
• Negative Sentiment: Earnings and margin pressure — bearish research highlights plunging operating income, negative levered free cash flow, heavy AI/tech spend and a valuation that has run ahead of earnings (P/E expansion), arguing risk currently outweighs reward. Read More.
• Negative Sentiment: Competitive headwinds — comparisons to Amazon/AWS point to tougher competition in cloud and AI infrastructure, which could pressure margins and growth if Alibaba fails to monetize as quickly. Read More.

Alibaba Group Profile

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.