Canal Capital Management LLC Sells 5,029 Shares of Alibaba Group Holding Limited $BABA

Canal Capital Management LLC lowered its stake in Alibaba Group Holding Limited (NYSE:BABA) by 12.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,207 shares of the specialty retailer’s stock after selling 5,029 shares during the period. Canal Capital Management LLC’s holdings in Alibaba Group were worth $5,307,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Capital World Investors increased its stake in Alibaba Group by 1,074.9% in the 3rd quarter. Capital World Investors now owns 6,038,318 shares of the specialty retailer’s stock worth $1,079,229,000 after purchasing an additional 5,524,354 shares during the period. Fisher Asset Management LLC boosted its stake in shares of Alibaba Group by 0.5% during the third quarter. Fisher Asset Management LLC now owns 5,293,597 shares of the specialty retailer’s stock valued at $946,125,000 after purchasing an additional 26,156 shares during the period. Norges Bank purchased a new stake in shares of Alibaba Group during the second quarter valued at approximately $527,243,000. American Century Companies Inc. grew its holdings in shares of Alibaba Group by 17.7% in the third quarter. American Century Companies Inc. now owns 2,987,539 shares of the specialty retailer’s stock worth $533,964,000 after purchasing an additional 448,484 shares during the last quarter. Finally, Discerene Group LP increased its stake in shares of Alibaba Group by 0.6% in the second quarter. Discerene Group LP now owns 2,985,487 shares of the specialty retailer’s stock worth $338,584,000 after buying an additional 18,400 shares during the period. 13.47% of the stock is currently owned by hedge funds and other institutional investors.

More Alibaba Group News

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

• Positive Sentiment: Cloud & AI momentum — Cloud Intelligence revenue grew ~36% and AI-related product sales posted triple‑digit growth; Alibaba’s Qwen model shows strong developer adoption, supporting long‑term cloud monetization prospects. Alibaba AI Adoption Drives 36% Cloud Growth
• Positive Sentiment: AI monetization actions — Alibaba is raising AI/computing prices (reports up to ~34%) and reorganizing AI under a CEO‑led Token Hub with an ambitious goal to drive major cloud + AI revenue expansion, which could lift margins over time. Alibaba Hikes AI Computing Prices China’s Alibaba targets $100B in AI and cloud revenue over 5 years
• Neutral Sentiment: Analyst positioning — Jefferies trimmed its price target (from $225 to $212) but kept a Buy rating, signaling continued analyst confidence in upside despite nearer‑term execution risk. Jefferies Lowers Price Target
• Neutral Sentiment: Macro/market drag — broader market weakness (oil/supply‑chain fears after Middle East incidents) weighed on Asia/tech names on the same day, amplifying the stock’s move. Dow, S&P 500 lower as Middle East tensions escalate
• Negative Sentiment: Revenue and profit miss — December‑quarter revenue modestly missed consensus and adjusted earnings plunged (net income down ~66–67%), prompting the selloff as investors punish near‑term margin compression. Alibaba revenue misses estimates in December quarter
• Negative Sentiment: Heavy spending on quick commerce and UX — the company says investments to defend e‑commerce share (quick‑commerce expansion) materially compressed operating margins and cash flow; management expects some initiatives to remain unprofitable for years. Alibaba slides as investors focus on profit and cash-flow drop
• Negative Sentiment: Management & execution risks — staffing changes in the AI group (reported departures) and large near‑term cash burn raise execution and leadership questions while the company pivots heavily into AI. Alibaba CEO confirms departure of Qwen head

Alibaba Group Stock Down 7.0%

Shares of Alibaba Group stock opened at $124.97 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.23. Alibaba Group Holding Limited has a 12-month low of $95.73 and a 12-month high of $192.67. The company has a market cap of $298.36 billion, a P/E ratio of 17.26, a PEG ratio of 2.94 and a beta of 0.43. The company’s fifty day simple moving average is $154.57 and its two-hundred day simple moving average is $158.41.

Alibaba Group (NYSE:BABA) last posted its earnings results on Thursday, March 19th. The specialty retailer reported $1.01 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.64). Alibaba Group had a return on equity of 10.51% and a net margin of 12.38%.The company had revenue of $40.72 billion during the quarter, compared to analysts’ expectations of $36.09 billion. During the same period in the prior year, the business posted $2.67 earnings per share. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. Research analysts anticipate that Alibaba Group Holding Limited will post 7.86 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on BABA shares. Rosenblatt Securities set a $195.00 price target on shares of Alibaba Group in a report on Wednesday, November 26th. Loop Capital set a $140.00 price objective on shares of Alibaba Group in a research report on Tuesday, January 6th. Citigroup upped their price objective on shares of Alibaba Group from $218.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Morgan Stanley dropped their target price on shares of Alibaba Group from $200.00 to $180.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. Finally, Barclays boosted their price target on Alibaba Group from $190.00 to $195.00 and gave the company an “overweight” rating in a report on Wednesday, November 26th. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $194.44.

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.