QRG Capital Management Inc. Sells 8,667 Shares of Alibaba Group Holding Limited $BABA

QRG Capital Management Inc. lowered its position in Alibaba Group Holding Limited (NYSE:BABA) by 19.6% in the third quarter, HoldingsChannel.com reports. The fund owned 35,476 shares of the specialty retailer’s stock after selling 8,667 shares during the quarter. QRG Capital Management Inc.’s holdings in Alibaba Group were worth $6,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Primecap Management Co. CA raised its holdings in shares of Alibaba Group by 0.7% in the 2nd quarter. Primecap Management Co. CA now owns 20,764,276 shares of the specialty retailer’s stock valued at $2,354,877,000 after purchasing an additional 140,579 shares during the period. Fisher Asset Management LLC grew its holdings in 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 worth $597,381,000 after purchasing an additional 390,883 shares during the period. Norges Bank acquired a new position in Alibaba Group during the second quarter worth approximately $527,243,000. Discerene Group LP raised its stake in Alibaba Group by 0.6% in the second quarter. Discerene Group LP now owns 2,985,487 shares of the specialty retailer’s stock valued at $338,584,000 after buying an additional 18,400 shares during the period. Finally, AMF Tjanstepension AB lifted its position in shares of Alibaba Group by 8.7% in the second quarter. AMF Tjanstepension AB now owns 2,691,686 shares of the specialty retailer’s stock valued at $305,728,000 after buying an additional 216,571 shares during the last quarter. Institutional investors own 13.47% of the company’s stock.

Key Headlines Impacting Alibaba Group

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

• Positive Sentiment: Major Qwen upgrade: Alibaba has rolled out a unified, agentic Qwen AI experience across its ecosystem (Taobao, Alipay, travel apps), enabling in-chat shopping, payments, food orders and travel bookings — a step that could accelerate user engagement and new monetization paths. Alibaba Qwen Upgrade: The Market Can No Longer Ignore This AI Catalyst
• Positive Sentiment: Agentic & payments features now live for public testing in China — Qwen can place orders, complete in-chat payments and book travel, increasing direct commerce conversion through AI. This operational progress makes near-term monetization more plausible. Alibaba Adds Agentic and Payments Capabilities to Consumer AI App
• Positive Sentiment: Wall Street warming to the AI story — several analysts and research notes show growing confidence that Alibaba’s AI/cloud push could be the next growth leg, supporting higher longer-term targets. Why Wall Street Is Turning More Confident on Alibaba’s AI Push
• Neutral Sentiment: Ecosystem integration breadth — multiple outlets note Qwen’s connections to Taobao, Alipay and travel apps and reported user milestones, which are strategically important but will take time to translate into revenue. China’s Alibaba Links Qwen AI App to Vast Consumer Ecosystem
• Neutral Sentiment: Deal/tech exposure: reports that Alibaba and JPMorgan are cornerstones in a chip-designer listing highlight strategic moves into semiconductors but are peripheral to core revenue drivers. Montage Technology Draws Alibaba, JPMorgan as Cornerstones for Hong Kong Listing
• Negative Sentiment: Analyst target trim: Nomura lowered its price target (from $215 to $193) while keeping a buy rating — a modest re-pricing that signals caution on near-term upside despite bullish AI narratives. Nomura Adjusts Alibaba Group Price Target to $193 From $215; Maintains Buy Rating
• Negative Sentiment: Profit-taking and core-ecommerce concerns: social and trade commentary note a multimonth pullback and worries about e‑commerce monetization, which likely drove the intraday decline as some investors locked gains after the AI headlines. Why This Trader Sees A Timing Opportunity In Alibaba Stock

Analysts Set New Price Targets

BABA has been the topic of a number of recent analyst reports. Macquarie reissued an “outperform” rating on shares of Alibaba Group in a report on Tuesday, November 25th. Morgan Stanley decreased their price objective 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. Rosenblatt Securities set a $195.00 target price on shares of Alibaba Group in a research note on Wednesday, November 26th. Erste Group Bank upgraded shares of Alibaba Group from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Arete downgraded shares of Alibaba Group from a “buy” rating to a “neutral” rating and set a $172.00 price objective for the company. in a research report on Tuesday, December 9th. Seventeen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $190.68.

Alibaba Group Stock Performance

NYSE BABA opened at $165.63 on Friday. The firm has a 50-day moving average price of $155.99 and a two-hundred day moving average price of $147.89. Alibaba Group Holding Limited has a 12-month low of $83.03 and a 12-month high of $192.67. The company has a market capitalization of $395.21 billion, a P/E ratio of 22.88, a P/E/G ratio of 3.53 and a beta of 0.37. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.23.

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.