AMF Tjanstepension AB Increases Position in Alibaba Group Holding Limited $BABA

AMF Tjanstepension AB lifted its holdings in shares of Alibaba Group Holding Limited (NYSE:BABA) by 4.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,206,634 shares of the specialty retailer’s stock after acquiring an additional 86,613 shares during the period. Alibaba Group accounts for about 1.8% of AMF Tjanstepension AB’s investment portfolio, making the stock its 16th largest holding. AMF Tjanstepension AB’s holdings in Alibaba Group were worth $276,844,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Triglav Investments D.O.O. lifted its position in shares of Alibaba Group by 90.3% during the first quarter. Triglav Investments D.O.O. now owns 54,230 shares of the specialty retailer’s stock worth $6,806,000 after purchasing an additional 25,730 shares in the last quarter. J. Safra Sarasin Holding AG grew its holdings in shares of Alibaba Group by 2.4% during the first quarter. J. Safra Sarasin Holding AG now owns 6,689 shares of the specialty retailer’s stock valued at $839,000 after purchasing an additional 157 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its position in Alibaba Group by 24.5% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 259,580 shares of the specialty retailer’s stock worth $32,567,000 after buying an additional 51,000 shares during the period. Global Assets Advisory LLC acquired a new position in Alibaba Group during the 1st quarter valued at about $56,000. Finally, International Assets Investment Management LLC increased its position in Alibaba Group by 14.5% in the 1st quarter. International Assets Investment Management LLC now owns 12,183 shares of the specialty retailer’s stock valued at $1,507,000 after acquiring an additional 1,543 shares during the period. 13.47% of the stock is owned by hedge funds and other institutional investors.

Key Alibaba Group News

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

• Positive Sentiment: Alibaba shares rallied after reports highlighted improving optimism around its AI and cloud businesses, including commentary that AI-driven revenue could support earnings and a re-rating of the stock. Alibaba shares jump on AI cloud market
• Positive Sentiment: News that China may allow selected firms, including Alibaba, to access Nvidia’s H200 chips could support Alibaba’s AI development and cloud infrastructure plans. Related China AI chip access report
• Positive Sentiment: Alibaba also received a temporary U.S. legal reprieve from certain Pentagon-linked lobbying restrictions, easing one source of regulatory pressure in the near term. Alibaba settles DOJ case as AI rules tighten
• Neutral Sentiment: The company is updating internal AI policies in response to China’s tightening AI rules, including changes to its Qwen platform and restrictions on some third-party tools, which mainly signals compliance rather than an immediate financial impact. Alibaba settles DOJ case as AI rules tighten
• Negative Sentiment: Alibaba agreed to a $600 million non-prosecution settlement with the U.S. Department of Justice over historic illegal pharmaceutical sales, adding a meaningful legal overhang and potential reputational drag. Alibaba settles DOJ case as AI rules tighten
• Negative Sentiment: Investor-rights and securities-fraud law firms announced investigations into Alibaba, which can weigh on sentiment even if no wrongdoing has been proven. Howard G. Smith securities fraud investigation

Insiders Place Their Bets

In other Alibaba Group news, CEO Fan (Fj) Jiang sold 13,579 shares of the company’s stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $12.10, for a total transaction of $164,305.90. Following the completion of the sale, the chief executive officer owned 556,617 shares in the company, valued at approximately $6,735,065.70. The trade was a 2.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Fang Jiang sold 4,898 shares of Alibaba Group stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $12.09, for a total transaction of $59,216.82. Following the transaction, the insider directly owned 5,559,511 shares in the company, valued at $67,214,487.99. The trade was a 0.09% decrease in their position. 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 quarter. Company insiders own 12.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BABA. Argus upgraded Alibaba Group to a “hold” rating in a research report on Tuesday, March 24th. Nomura dropped their price target on Alibaba Group from $207.00 to $178.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. JPMorgan Chase & Co. lifted their target price on shares of Alibaba Group from $200.00 to $205.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Wall Street Zen raised shares of Alibaba Group from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Alibaba Group in a report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $186.90.

Alibaba Group Stock Performance

NYSE:BABA opened at $112.30 on Monday. Alibaba Group Holding Limited has a 12-month low of $91.99 and a 12-month high of $192.67. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $118.89 and a 200 day moving average price of $136.37. The firm has a market capitalization of $269.61 billion, a PE ratio of 18.44, a price-to-earnings-growth ratio of 2.07 and a beta of 0.51.

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

Alibaba Group Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Monday, July 13th. Investors 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 of this dividend is Thursday, June 11th. Alibaba Group’s payout ratio is currently 16.91%.

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.