Allspring Global Investments Holdings LLC Buys 7,737 Shares of Alibaba Group Holding Limited $BABA

Allspring Global Investments Holdings LLC increased its stake in shares of Alibaba Group Holding Limited (NYSE:BABA) by 50.6% in the first quarter, HoldingsChannel reports. The firm owned 23,023 shares of the specialty retailer’s stock after buying an additional 7,737 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Alibaba Group were worth $2,849,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in BABA. Brighton Jones LLC increased its position in shares of Alibaba Group by 40.4% during the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock worth $289,000 after purchasing an additional 981 shares in the last quarter. AQR Capital Management LLC purchased a new position in Alibaba Group during the 1st quarter worth $254,000. Bank of Nova Scotia grew its stake in Alibaba Group by 313.0% during the 2nd quarter. Bank of Nova Scotia now owns 21,778 shares of the specialty retailer’s stock worth $2,470,000 after buying an additional 16,505 shares during the last quarter. Daiwa Securities Group Inc. acquired a new position in Alibaba Group during the 2nd quarter valued at about $1,613,000. Finally, Ieq Capital LLC increased its position in Alibaba Group by 51.9% during the 2nd quarter. Ieq Capital LLC now owns 70,060 shares of the specialty retailer’s stock valued at $7,946,000 after buying an additional 23,925 shares in the last quarter. Institutional investors own 13.47% of the company’s stock.

Alibaba Group Stock Down 1.6%

BABA stock opened at $112.26 on Friday. The firm’s fifty day simple moving average is $114.46 and its 200-day simple moving average is $134.07. The company has a market capitalization of $269.09 billion, a P/E ratio of 18.43, a price-to-earnings-growth ratio of 2.07 and a beta of 0.51. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.28 and a quick ratio of 1.28. Alibaba Group Holding Limited has a 12 month low of $91.99 and a 12 month high of $192.67.

Alibaba Group (NYSE:BABA) last released its quarterly earnings data 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. As a group, equities research analysts forecast that Alibaba Group Holding Limited will post 6.28 earnings per share for the current year.

Alibaba Group Announces Dividend

The business also recently declared an annual dividend, which was paid on Monday, July 13th. Shareholders of record on Thursday, June 11th were given a dividend of $1.05 per share. This represents a yield of 93.0%. The ex-dividend date of this dividend was Thursday, June 11th. Alibaba Group’s dividend payout ratio (DPR) is currently 16.91%.

Insider Activity at Alibaba Group

In other news, insider Fang Jiang sold 4,898 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.09, for a total value of $59,216.82. Following the completion of the transaction, the insider owned 5,559,511 shares of the company’s stock, valued at $67,214,487.99. The trade was a 0.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Siying Yu sold 6,772 shares of the company’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $12.10, for a total value of $81,941.20. Following the completion of the sale, the general counsel owned 607,234 shares in the company, valued at $7,347,531.40. The trade was a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 920,303 shares of company stock worth $70,796,370 in the last three months. Company insiders own 12.50% of the company’s stock.

Trending Headlines about Alibaba Group

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

• Positive Sentiment: Alibaba’s Qwen AI agent is being positioned as a core driver of transformation, with deeper integration into e-commerce, stronger merchant/customer engagement, and potential token-based monetization. The company’s Cloud+AI segment is also highlighted as a major growth engine, with external revenue above $5.3 billion and triple-digit AI growth for 11 straight quarters. Alibaba: Qwen Powering AI Transformation
• Positive Sentiment: Alibaba’s international commerce arm is reportedly nearing break-even as logistics improvements, AI tools, and better monetization support more profitable global expansion. That suggests a potentially improving margin profile outside China. BABA’s International Commerce Narrows Losses: Can It Sustain Momentum?
• Positive Sentiment: Alibaba confirmed its Qwen large language model will power Apple Intelligence features on Apple devices in China, a notable commercialization milestone that could strengthen Alibaba’s AI credibility and revenue opportunities. Alibaba Group Holding (BABA) Joins Apple Intelligence In China, Is The Stock Still Undervalued?
• Neutral Sentiment: Alibaba-backed AGTech agreed to help build a trading platform for the Hong Kong Gold Exchange, but this appears to be a smaller, indirect development with limited immediate impact on BABA’s core valuation. Alibaba-backed fintech AGTech agrees to build trading platform for Hong Kong Gold Exchange
• Negative Sentiment: Recent headlines about securities class-action investigations add legal overhang and may weigh on sentiment, even if the claims are still in the early stages. ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Alibaba Group Holding Limited Investors to Inquire About Securities Class Action Investigation – BABA

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BABA. Nomura lowered their price target on Alibaba Group from $207.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, June 25th. BNP Paribas Exane started coverage on shares of Alibaba Group in a report on Wednesday, April 29th. They set an “outperform” rating and a $209.00 price objective on the stock. JPMorgan Chase & Co. increased their price objective on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Mizuho lifted their target price on shares of Alibaba Group from $190.00 to $195.00 and gave the stock an “outperform” rating in a research note on Thursday, May 14th. Finally, HSBC set a $170.00 target price on shares of Alibaba Group in a research report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $186.90.

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.