Picton Mahoney Asset Management Cuts Holdings in Alibaba Group Holding Limited $BABA

Picton Mahoney Asset Management decreased its holdings in Alibaba Group Holding Limited (NYSE:BABA – Free Report) by 56.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 8,600 shares of the specialty retailer’s stock after selling 11,100 shares during the quarter. Picton Mahoney Asset Management’s holdings in Alibaba Group were worth $1,537,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of BABA. Mather Group LLC. bought a new position in shares of Alibaba Group in the 3rd quarter worth $30,000. NBT Bank N A NY boosted its position in Alibaba Group by 231.5% during the third 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 in the last quarter. Richardson Financial Services Inc. grew its stake in Alibaba Group by 34.4% in the third quarter. Richardson Financial Services Inc. now owns 254 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 65 shares during the last quarter. MMA Asset Management LLC bought a new position in Alibaba Group in the third quarter worth about $51,000. Finally, JCIC Asset Management Inc. purchased a new stake in shares of Alibaba Group during the third quarter valued at about $53,000. Institutional investors own 13.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BABA. Morgan Stanley cut their price objective on shares of Alibaba Group from $200.00 to $180.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Arete Research upgraded shares of Alibaba Group from a “neutral” rating to a “buy” rating and set a $190.00 target price for the company in a research note on Wednesday, January 21st. Loop Capital set a $140.00 price target on Alibaba Group in a research report on Tuesday, January 6th. Erste Group Bank cut Alibaba Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Finally, Freedom Capital lowered Alibaba Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Alibaba Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $195.17.

View Our Latest Report on BABA

Alibaba Group Trading Down 2.5%

NYSE:BABA opened at $130.00 on Friday. The company has a market capitalization of $310.36 billion, a P/E ratio of 17.96, a PEG ratio of 2.92 and a beta of 0.43. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.23. Alibaba Group Holding Limited has a 12 month low of $95.73 and a 12 month high of $192.67. The firm has a fifty day simple moving average of $157.90 and a 200-day simple moving average of $157.63.

Alibaba Group News Roundup

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

• Positive Sentiment: Alibaba has created a senior-led, group-wide task force to accelerate foundation-model development, coordinated by CEO Eddie Wu and top CTOs — a clear management response aimed at stabilizing and prioritizing AI investment across the group. Alibaba forms task force to boost AI development after Qwen chief’s exit
• Positive Sentiment: Reports say Alibaba continues to add top AI talent (including a former Google DeepMind contributor) to the Qwen team, indicating continued investment in capabilities that could support long-term AI monetization. Alibaba recruits Google DeepMind contributor to join Qwen AI team, sources say
• Neutral Sentiment: Wall Street and independent bullish write-ups remain visible (analyst optimism and a bullish Substack thesis), providing a counterpoint to negative headlines but offering no immediate operational catalyst. Is Alibaba (BABA) a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Long-form bullish analyses highlight attractive valuation metrics (forward P/E and PEG cited by retail analysts), but these are soft supports until near-term operational clarity on AI and China demand improves. Is Alibaba Group Holding Limited (BABA) A Good Stock To Buy Now?
• Negative Sentiment: The head of Alibaba’s Qwen AI division, Lin Junyang, unexpectedly resigned (one of several recent exits), creating leadership uncertainty for a business area central to Alibaba’s growth narrative — a primary near-term negative for investor sentiment. Head of Alibaba’s Qwen AI division resigns
• Negative Sentiment: Broader macro pressure: China set a historically low growth target, heightening concerns about consumption and ad/commerce spending that directly affect Alibaba’s core marketplace and cloud businesses. Alibaba, NIO, and Other Chinese Stocks Fall. Why Investors Face a Growth Dilemma.

Alibaba Group Company Profile

(Free Report)

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.

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