Amova Asset Management Americas Inc. Buys 153,118 Shares of Alibaba Group Holding Limited $BABA

Amova Asset Management Americas Inc. raised its position in shares of Alibaba Group Holding Limited (NYSE:BABA) by 591.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 179,006 shares of the specialty retailer’s stock after purchasing an additional 153,118 shares during the quarter. Amova Asset Management Americas Inc.’s holdings in Alibaba Group were worth $31,987,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Mather Group LLC. acquired a new position in shares of Alibaba Group in the 3rd quarter valued at about $30,000. NBT Bank N A NY grew its position in Alibaba Group by 231.5% in the 3rd quarter. NBT Bank N A NY now owns 179 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 125 shares during the period. Richardson Financial Services Inc. increased its position in shares of Alibaba Group by 34.4% during the third quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer’s stock worth $45,000 after acquiring an additional 65 shares in the last quarter. MMA Asset Management LLC bought a new stake in Alibaba Group during the 3rd quarter worth approximately $51,000. Finally, JCIC Asset Management Inc. purchased a new position in shares of Alibaba Group during the third quarter valued at approximately $53,000. 13.47% of the stock is currently owned by institutional investors and hedge funds.

Alibaba Group News Summary

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

• Positive Sentiment: Wall Street analysts are broadly optimistic in recent coverage, which can buoy demand if upgrades or higher price targets follow. Is Alibaba (BABA) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Independent bullish write-ups highlight attractive valuation metrics (trailing and forward P/E cited) and Alibaba’s platform/AI upside as reasons to buy the dip. Is Alibaba Group Holding Limited (BABA) A Good Stock To Buy Now?
• Positive Sentiment: Recruiting momentum: reports say Alibaba has hired a Google DeepMind contributor for its Qwen AI team — a signal it can still attract top AI talent despite recent turnover. Alibaba recruits Google DeepMind contributor to join Qwen AI team, sources say
• Positive Sentiment: Longer-term market opportunity: industry research highlights China’s gift‑card/digital wallet market with Alibaba positioned as a platform leader—a potential monetization tailwind for its ecosystem. China Gift Card Business and Investment Report 2026
• Neutral Sentiment: Corporate housekeeping: Alibaba reported stable share capital in its Hong Kong monthly return, implying no immediate dilution or buyback actions from that filing. Alibaba Keeps Share Capital Stable in February 2026 Hong Kong Monthly Return
• Neutral Sentiment: Public engagement: Jack Ma and other executives met educators to discuss AI and education—positive for long‑term narrative but not an immediate earnings driver. Jack Ma, Alibaba executives meet teachers to discuss how education should adapt in AI era
• Negative Sentiment: Material near‑term risk: the head of Alibaba’s Qwen AI division, Lin Junyang, resigned shortly after a product update—reports cite this and additional exits as raising leadership and execution concerns for Alibaba’s AI push, which has pressured the stock. Head of Alibaba’s Qwen AI division resigns
• Negative Sentiment: Legal overhang: a securities litigation tied to Alibaba was highlighted in a class‑action recovery report, reminding investors of potential ongoing legal exposure. Two GPWR‑Litigated Matters Featured in Broadridge’s 2026 Global Class Action Annual Report

Alibaba Group Trading Down 1.8%

Shares of BABA opened at $133.15 on Thursday. 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 stock has a market capitalization of $317.88 billion, a P/E ratio of 18.39, a PEG ratio of 2.97 and a beta of 0.43. Alibaba Group Holding Limited has a twelve month low of $95.73 and a twelve month high of $192.67. The firm has a fifty day simple moving average of $158.30 and a two-hundred day simple moving average of $157.82.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BABA. Benchmark reaffirmed a “buy” rating and issued a $195.00 price objective on shares of Alibaba Group in a research report on Tuesday, November 25th. JPMorgan Chase & Co. reduced their target price on shares of Alibaba Group from $240.00 to $230.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. Nomura increased their price objective on Alibaba Group from $193.00 to $237.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Rosenblatt Securities set a $195.00 price target on shares of Alibaba Group in a report on Wednesday, November 26th. Finally, Erste Group Bank lowered Alibaba Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Alibaba Group currently has an average rating of “Moderate Buy” and an average price target of $195.17.

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.