Assetmark Inc. Acquires 13,066 Shares of Alibaba Group Holding Limited $BABA

Assetmark Inc. increased its stake in Alibaba Group Holding Limited (NYSE:BABA) by 31.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,544 shares of the specialty retailer’s stock after acquiring an additional 13,066 shares during the period. Assetmark Inc.’s holdings in Alibaba Group were worth $9,749,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Norges Bank bought a new stake in Alibaba Group in the second quarter valued at approximately $527,243,000. Alkeon Capital Management LLC bought a new position in Alibaba Group in the second quarter worth $184,291,000. Clear Street LLC bought a new stake in shares of Alibaba Group during the 2nd quarter valued at $58,503,000. National Bank of Canada FI boosted its holdings in shares of Alibaba Group by 373.5% during the 2nd quarter. National Bank of Canada FI now owns 602,233 shares of the specialty retailer’s stock valued at $68,294,000 after buying an additional 475,053 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Alibaba Group by 8.0% during the second quarter. Fisher Asset Management LLC now owns 5,267,441 shares of the specialty retailer’s stock valued at $597,381,000 after purchasing an additional 390,883 shares during the last quarter. 13.47% of the stock is currently owned by institutional investors.

More Alibaba Group News

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

• Positive Sentiment: Alibaba unveiled Qwen 3.5, a next‑generation LLM the company says delivers large gains in speed, performance and cost versus prior models — positioning BABA to capture more enterprise AI demand and improve monetization prospects. Alibaba unveils new Qwen3.5 model for ‘agentic AI era’
• Positive Sentiment: Analysts and market coverage highlight Qwen 3.5 as a meaningful upgrade that could improve Alibaba’s AI positioning and support future revenue/earnings growth — a structural positive for the stock if adoption and monetization follow. Alibaba Upgrades AI Model. What It Means for the Software Stocks Selloff and China Fears.
• Neutral Sentiment: Some broker/analyst writeups urge investors to weigh ratings and fundamentals before acting — helpful context but not a direct catalyst; analyst commentary may moderate swings but won’t fully offset political risk. Brokers Suggest Investing in Alibaba (BABA): Read This Before Placing a Bet
• Neutral Sentiment: Retail sentiment measures and short‑term flows shifted recently even as the new model shows technical improvements (one note says Qwen runs ~8x faster); this mix creates near‑term noise for the stock. Alibaba’s New AI Model Runs 8x Faster While Sentiment Hits 60.6
• Negative Sentiment: Regulatory/political noise hit the stock: the Pentagon briefly listed (then withdrew) Alibaba on a supplier/military‑support list, triggering an abrupt selloff and heightened uncertainty about U.S. government scrutiny — a clear near‑term headwind. Alibaba (BABA) Stock Slides 5% on Pentagon Blacklist Drama

Alibaba Group Stock Down 1.9%

NYSE:BABA opened at $155.74 on Tuesday. The company’s 50-day simple moving average is $159.12 and its 200-day simple moving average is $155.72. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.46 and a current ratio of 1.46. Alibaba Group Holding Limited has a fifty-two week low of $95.73 and a fifty-two week high of $192.67. The stock has a market capitalization of $371.81 billion, a P/E ratio of 21.51, a P/E/G ratio of 3.41 and a beta of 0.39.

Analysts Set New Price Targets

BABA has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Alibaba Group in a report on Wednesday, January 21st. Rosenblatt Securities set a $195.00 price target on shares of Alibaba Group in a report on Wednesday, November 26th. Morgan Stanley lowered their target price on shares of Alibaba Group from $200.00 to $180.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. Nomura upped their price target on shares of Alibaba Group from $193.00 to $237.00 and gave the company a “buy” rating in a research note on Monday, January 26th. Finally, Benchmark reaffirmed a “buy” rating and set a $195.00 price objective on shares of Alibaba Group in a research note on Tuesday, November 25th. Eighteen investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned 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 $195.17.

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.