Alibaba Group Holding Limited $BABA Shares Sold by DAVENPORT & Co LLC

DAVENPORT & Co LLC lowered its position in Alibaba Group Holding Limited (NYSE:BABA) by 57.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,490 shares of the specialty retailer’s stock after selling 24,652 shares during the period. DAVENPORT & Co LLC’s holdings in Alibaba Group were worth $2,710,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of BABA. Brighton Jones LLC raised its position in Alibaba Group by 40.4% in the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock worth $289,000 after acquiring an additional 981 shares in the last quarter. AQR Capital Management LLC acquired a new position in Alibaba Group during the first quarter worth about $254,000. Global Retirement Partners LLC purchased a new position in Alibaba Group in the second quarter valued at about $805,000. Laurel Wealth Advisors LLC increased its holdings in Alibaba Group by 11,242.0% in the second quarter. Laurel Wealth Advisors LLC now owns 5,671 shares of the specialty retailer’s stock valued at $643,000 after buying an additional 5,621 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Alibaba Group by 46.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 7,235 shares of the specialty retailer’s stock valued at $821,000 after acquiring an additional 2,294 shares during the period. 13.47% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

BABA has been the topic of several research analyst reports. Erste Group Bank lowered Alibaba Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Arete Research raised Alibaba Group from a “neutral” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Wednesday, January 21st. Jefferies Financial Group decreased their target price on Alibaba Group from $225.00 to $212.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Nomura upped their target price on Alibaba Group from $193.00 to $237.00 and gave the company a “buy” rating in a report on Monday, January 26th. Finally, Weiss Ratings cut Alibaba Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Sixteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $187.89.

Key Alibaba Group News

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

• Positive Sentiment: Sources say Alibaba plans to place orders for Huawei’s new AI chip after successful testing, which could lower costs, deepen Alibaba’s domestic AI stack and reduce dependence on foreign chips. Exclusive: Huawei’s new AI chip find favour with ByteDance, Alibaba which plan to place orders, sources say
• Positive Sentiment: Analyst support: Argus recently upgraded BABA (leading to a short-term uptick), reflecting some analyst conviction in the stock despite near-term headwinds. Alibaba Group (NYSE:BABA) Upgraded at Argus
• Positive Sentiment: Zacks moved BABA from “strong sell” to “hold,” reducing immediate sell-side pressure and signaling improved sentiment from that broker. Zacks Research upgrade
• Positive Sentiment: Product/AI progress: Alibaba is rolling out “Accio,” an agentic AI for automating supply-chain tasks for SMBs — a sign management is pushing AI-driven revenue opportunities. BABA’s Accio Pushes AI From Chat to Execution
• Neutral Sentiment: Price-target dynamics: Susquehanna cut its price target to $170 (citing heavy AI spending) but kept a positive stance — mixed signal: upside remains but margin risks persist. Price target lowered to $170
• Neutral Sentiment: Valuation context: Recent analyses highlight Alibaba’s AI/cloud push and regulatory changes (e.g., delivery rules) as offsetting factors to heavy investment-driven margin pressure — longer-term story still depends on cloud/AI execution. Assessing Alibaba Group Holding valuation after China’s delivery rules and new AI chip and cloud push
• Negative Sentiment: Analyst estimate cuts: Erste Group reduced FY2026 and FY2027 EPS forecasts materially, signaling weaker near-term profit expectations and adding downward pressure on sentiment. MarketBeat: Analyst estimate changes
• Negative Sentiment: Zacks added BABA to its Rank #5 (Strong Sell) list — a headline that can trigger short-term selling and amplify volatility despite other upgrades. New Strong Sell Stocks for March 27th
• Negative Sentiment: Profit pressure: Coverage and headlines note heavy AI spending has driven a steep profit decline and prompted price-target cuts — this underpins the negative near-term earnings narrative. Alibaba Price Target Slashed to $170 as Heavy AI Spending Drags Profits Down 67%

Alibaba Group Trading Down 2.2%

Shares of BABA opened at $122.71 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 1.33. The firm has a 50 day simple moving average of $149.79 and a 200-day simple moving average of $157.95. Alibaba Group Holding Limited has a 1-year low of $95.73 and a 1-year high of $192.67. The stock has a market cap of $292.96 billion, a price-to-earnings ratio of 23.15, a price-to-earnings-growth ratio of 3.18 and a beta of 0.43.

About Alibaba Group

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.