GM Advisory Group LLC Acquires Shares of 10,483 Alibaba Group Holding Limited $BABA

GM Advisory Group LLC bought a new position in shares of Alibaba Group Holding Limited (NYSE:BABA) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,483 shares of the specialty retailer’s stock, valued at approximately $1,315,000.

Several other institutional investors and hedge funds also recently made changes to their positions in BABA. Ameriflex Group Inc. boosted its position in shares of Alibaba Group by 101.4% in the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 72 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Alibaba Group during the third quarter worth $30,000. Palisade Asset Management LLC bought a new stake in Alibaba Group in the third quarter valued at about $37,000. Costello Asset Management INC bought a new stake in Alibaba Group in the fourth quarter valued at about $34,000. Finally, Palladiem LLC bought a new stake in Alibaba Group in the fourth quarter valued at about $38,000. Institutional investors own 13.47% of the company’s stock.

Alibaba Group Trading Up 0.1%

NYSE BABA opened at $96.25 on Monday. Alibaba Group Holding Limited has a one year low of $91.99 and a one year high of $192.67. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market cap of $230.91 billion, a P/E ratio of 15.80, a P/E/G ratio of 1.67 and a beta of 0.51. The stock’s 50-day moving average is $121.55 and its 200-day moving average is $137.89.

Alibaba Group (NYSE:BABA) last issued its quarterly earnings data on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter. Alibaba Group had a return on equity of 4.76% and a net margin of 10.31%.The business had revenue of $35.30 billion during the quarter. Sell-side analysts anticipate that Alibaba Group Holding Limited will post 6.66 earnings per share for the current fiscal year.

Alibaba Group Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Monday, July 13th. Stockholders of record on Thursday, June 11th will be issued a $1.05 dividend. This represents a dividend yield of 93.0%. The ex-dividend date is Thursday, June 11th. Alibaba Group’s dividend payout ratio is 16.91%.

Analyst Upgrades and Downgrades

BABA has been the topic of a number of recent analyst reports. Argus upgraded Alibaba Group to a “hold” rating in a report on Tuesday, March 24th. Mizuho upped their price target on Alibaba Group from $190.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Freedom Capital upgraded shares of Alibaba Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Jefferies Financial Group reduced their price objective on shares of Alibaba Group from $225.00 to $212.00 and set a “buy” rating on the stock in a research note on Thursday, March 19th. Finally, BNP Paribas Exane began coverage on shares of Alibaba Group in a report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alibaba Group has a consensus rating of “Moderate Buy” and an average target price of $187.38.

Insider Buying and Selling

In other news, General Counsel Siying Yu sold 6,772 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.10, for a total transaction of $81,941.20. Following the completion of the sale, the general counsel owned 607,234 shares of the company’s stock, valued at $7,347,531.40. This represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 business’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $94.95, for a total transaction of $68,364,000.00. Following the completion of the sale, the president directly owned 28,000 shares in the company, valued at $2,658,600. This represents a 96.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 920,303 shares of company stock valued at $70,796,370. 12.50% of the stock is owned by corporate insiders.

More Alibaba Group News

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

• Positive Sentiment: Alibaba’s AI efforts continue to generate strategic interest: its Elements Claw AI agent reportedly discovered four new superconductors, and Alibaba also joined Kuaishou’s Kling AI fundraise alongside Tencent, signaling ongoing investment in China’s AI ecosystem. Article: Alibaba, Tencent back Kuaishou’s Kling AI in $2.8 billion fundraise
• Positive Sentiment: Alibaba’s move to streamline internal AI work tools and tighten security around employee use of third-party AI products may be seen as a governance and data-protection step, which could help reassure investors over time. Article: Alibaba Streamlines AI Work Tools as Competition Mounts
• Neutral Sentiment: Brokerage-coverage and “investor attention” headlines suggest BABA remains a heavily watched stock, but they do not add much new fundamental information by themselves. Article: Alibaba Group Holding Limited (BABA) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Alibaba’s Damai International announced a new artist label and global initiative, which is a modest business update rather than a stock-moving catalyst. Article: Alibaba’s Damai International Introduces New Label, Launches Global Artist Initiative
• Negative Sentiment: Alibaba agreed to pay $600 million to settle U.S. allegations involving illegal pharmaceutical and chemical sales through its platforms, a major legal overhang that can weigh on sentiment and raise compliance concerns. Article: Alibaba to pay $600 million to U.S. for illegal pharmaceutical sales
• Negative Sentiment: Reports that President J. Michael Evans sold 720,000 shares add to a cautious tone, since large insider sales can be interpreted as reduced confidence, even if the sale may have been planned or tied to compensation. Article: Alibaba Group (NYSE:BABA) President Sells 720,000 Shares
• Negative Sentiment: Multiple headlines about Alibaba banning Anthropic’s Claude Code over alleged security or backdoor risks reinforce the idea of intensifying U.S.-China AI tensions and may keep investor sentiment cautious. Article: Alibaba to ban Claude Code in workplace over alleged backdoor risks, source says

Alibaba Group Company 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.