FengHe Fund Management Pte. Ltd. Buys 83,600 Shares of Alibaba Group Holding Limited $BABA

FengHe Fund Management Pte. Ltd. lifted its stake in Alibaba Group Holding Limited (NYSE:BABA) by 175.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,200 shares of the specialty retailer’s stock after purchasing an additional 83,600 shares during the quarter. Alibaba Group accounts for approximately 2.1% of FengHe Fund Management Pte. Ltd.’s holdings, making the stock its 20th biggest position. FengHe Fund Management Pte. Ltd.’s holdings in Alibaba Group were worth $23,449,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Mather Group LLC. purchased a new position in Alibaba Group in the third quarter worth about $30,000. 1248 Management LLC purchased a new stake in shares of Alibaba Group during the first quarter valued at approximately $26,000. Ransom Advisory Ltd bought a new stake in shares of Alibaba Group during the first quarter valued at approximately $26,000. Rosenberg Matthew Hamilton purchased a new position in Alibaba Group in the 2nd quarter worth approximately $26,000. Finally, NewSquare Capital LLC lifted its position in Alibaba Group by 65.0% in the 2nd quarter. NewSquare Capital LLC now owns 330 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 130 shares in the last quarter. 13.47% of the stock is owned by hedge funds and other institutional investors.

More Alibaba Group News

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

• Positive Sentiment: Reports that Beijing is moving toward approving NVIDIA H200 imports bolstered hopes Alibaba can secure advanced AI chips for Alibaba Cloud and generative‑AI initiatives; traders lifted the stock on that news. Alibaba Steps Up AI Race With Potential Nvidia Mega Order
• Positive Sentiment: Coverage highlighting Alibaba’s positioning as an emerging‑markets leader and its AI/cloud investments framed the H200 access story as a meaningful catalyst for longer‑term growth. If Emerging Markets Outperform, This Stock Could Lead the Charge (MarketBeat)
• Positive Sentiment: Technical commentary (Barron’s) showing bullish chart patterns reinforced buyer interest after the recent rebound off the ~$150 support area. Chinese Stock Charts Reach a Turning Point (Barron’s)
• Neutral Sentiment: Morgan Stanley trimmed its price target (from $200 to $180) but kept an overweight rating — a mixed signal that reduces upside math while leaving institutional conviction intact. Finviz (Morgan Stanley price target note)
• Neutral Sentiment: Macro/legal overhangs could still matter: a Supreme Court decision on tariffs and ongoing trade policy uncertainty are being watched for potential cost or access impacts on cross‑border chip flows. Wall Street Breakfast Podcast: Tariffs On Decision Watch (Seeking Alpha)
• Negative Sentiment: Two major banks recently slashed their price targets on Alibaba, which pressured sentiment and reduces analyst‑driven upside expectations in the near term. Alibaba (BABA) Stock: Why Two Major Banks Just Slashed Their Price Targets
• Negative Sentiment: Freedom Capital cut BABA to a hold, and there are fresh investor‑class action inquiries (Pomerantz), adding legal and sentiment risk that can weigh on the stock until resolved. Alibaba Group (NYSE:BABA) Cut to Hold at Freedom Capital Pomerantz investor investigation

Alibaba Group Price Performance

NYSE BABA opened at $150.93 on Friday. The company has a 50-day moving average price of $155.81 and a 200-day moving average price of $145.80. Alibaba Group Holding Limited has a 52 week low of $80.06 and a 52 week high of $192.67. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $360.14 billion, a P/E ratio of 20.85, a PEG ratio of 2.39 and a beta of 0.37.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Nomura lifted their target price on Alibaba Group from $170.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. CLSA lifted their price objective on Alibaba Group from $155.00 to $200.00 and gave the stock an “outperform” rating in a report on Thursday, October 2nd. Sanford C. Bernstein decreased their target price on Alibaba Group from $200.00 to $190.00 and set an “outperform” rating for the company in a research report on Wednesday, November 26th. Robert W. Baird raised their price target on shares of Alibaba Group from $153.00 to $174.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. Finally, Susquehanna boosted their price objective on shares of Alibaba Group from $175.00 to $190.00 and gave the company a “positive” rating in a report on Thursday, September 18th. Seventeen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Alibaba Group presently has a consensus rating of “Moderate Buy” and an average price target of $191.84.

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.