Assetmark Inc. Grows Stock Holdings in Alibaba Group Holding Limited $BABA

Assetmark Inc. lifted its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 28.3% during the 1st quarter, HoldingsChannel reports. The firm owned 90,188 shares of the specialty retailer’s stock after purchasing an additional 19,893 shares during the quarter. Assetmark Inc.’s holdings in Alibaba Group were worth $11,315,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Hoey Investments Inc. lifted its position in Alibaba Group by 95.2% during the first quarter. Hoey Investments Inc. now owns 205 shares of the specialty retailer’s stock worth $26,000 after buying an additional 100 shares in the last quarter. Palisade Asset Management LLC acquired a new stake in Alibaba Group during the third quarter worth about $37,000. Costello Asset Management INC acquired a new stake in Alibaba Group during the fourth quarter worth about $34,000. Palladiem LLC purchased a new position in Alibaba Group during the fourth quarter worth about $38,000. Finally, Key Financial Inc raised its stake in Alibaba Group by 316.9% during the fourth quarter. Key Financial Inc now owns 271 shares of the specialty retailer’s stock worth $40,000 after purchasing an additional 206 shares during the period. Institutional investors and hedge funds own 13.47% of the company’s stock.

Alibaba Group Stock Performance

Shares of Alibaba Group stock opened at $120.44 on Tuesday. The business has a 50-day simple moving average of $116.33 and a 200-day simple moving average of $134.94. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.28 and a current ratio of 1.28. Alibaba Group Holding Limited has a one year low of $91.99 and a one year high of $192.67. The company has a market cap of $288.70 billion, a PE ratio of 19.78, a P/E/G ratio of 2.12 and a beta of 0.51.

Alibaba Group (NYSE:BABA) last issued its earnings results on Tuesday, March 31st. The specialty retailer reported $0.01 earnings per share for the quarter. Alibaba Group had a net margin of 10.31% and a return on equity of 4.76%. The firm had revenue of $35.30 billion for the quarter. On average, equities research analysts forecast that Alibaba Group Holding Limited will post 6.28 EPS for the current fiscal year.

Alibaba Group Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, July 13th. Investors of record on Thursday, June 11th were issued a $1.05 dividend. This represents a yield of 93.0%. The ex-dividend date of this dividend was Thursday, June 11th. Alibaba Group’s dividend payout ratio is 16.91%.

Insider Transactions at Alibaba Group

In other Alibaba Group news, General Counsel Siying Yu sold 6,772 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value of $81,941.20. Following the sale, the general counsel directly owned 607,234 shares in the company, valued at $7,347,531.40. This trade represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a 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, CEO Fan (Fj) Jiang sold 13,579 shares of Alibaba Group stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value of $164,305.90. Following the sale, the chief executive officer directly owned 556,617 shares of the company’s stock, valued at $6,735,065.70. This trade represents a 2.38% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 920,303 shares of company stock valued at $70,796,370 over the last ninety days. Company insiders own 12.50% of the company’s stock.

Analyst Ratings Changes

BABA has been the subject of several analyst reports. Nomura lowered their price objective on Alibaba Group from $207.00 to $178.00 and set a “buy” rating for the company in a research report on Thursday, June 25th. Susquehanna increased their target price on shares of Alibaba Group from $170.00 to $185.00 and gave the stock a “positive” rating in a research note on Friday, May 15th. Mizuho lifted their price target on shares of Alibaba Group from $190.00 to $195.00 and gave the company an “outperform” rating in a research report on Thursday, May 14th. Zacks Research upgraded shares of Alibaba Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Alibaba Group in a research report on Wednesday, May 27th. Two research 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $186.90.

Key Stories Impacting Alibaba Group

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

• Positive Sentiment: Alibaba unveiled its new Qwen3.8-Max AI model, which it says is among the most capable in the market and second only to Anthropic’s Fable 5, reinforcing the company’s push to compete in global AI and cloud. Alibaba’s New AI Model Takes On Anthropic. What It Means for the Stock.
• Positive Sentiment: Investor commentary also stayed constructive, with Jim Cramer calling Alibaba “still the best way to play China,” which may be helping sentiment around the stock. Jim Cramer: Alibaba Is “Still the Best Way to Play China” Despite Being Down 18% YTD
• Neutral Sentiment: Multiple reports highlighted broader excitement around China’s AI models gaining share and Alibaba’s AI ecosystem expanding, which supports the long-term growth narrative but does not change fundamentals immediately. China AI Models Capture 63% of U.S. OpenRouter Usage as Xi Pushes Global Rules
• Neutral Sentiment: Alibaba-related lobbying disclosures showed the company is actively engaging on issues such as tariffs, capital markets access, product safety, and AI regulation, which is more of a background policy update than a direct trading catalyst. Lobbying Update: $920,000 of ALIBABA GROUP HOLDING LIMITED lobbying was just disclosed
• Negative Sentiment: Alibaba’s AliExpress unit was hit with a record €550 million EU fine over illegal, unsafe, and counterfeit product sales, raising compliance and reputational risks and likely weighing on the stock. AliExpress hit with $629 million EU fine over sales of illegal, counterfeit products
• Negative Sentiment: That EU fine was followed by multiple U.S. law-firm announcements about securities and fraud investigations into Alibaba, adding legal overhang and potentially increasing investor caution. Rosen Law Firm Encourages Alibaba Group Holding Limited Investors to Inquire About Securities Class Action Investigation – BABA

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.