Contrarian Capital Management L.L.C. acquired a new position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 143,760 shares of the specialty retailer’s stock, valued at approximately $25,694,000. Alibaba Group comprises 6.5% of Contrarian Capital Management L.L.C.’s holdings, making the stock its 6th biggest position.
A number of other large investors also recently made changes to their positions in the business. Brighton Jones LLC grew its position in Alibaba Group by 40.4% during the fourth quarter. Brighton Jones LLC now owns 3,411 shares of the specialty retailer’s stock valued at $289,000 after purchasing an additional 981 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Alibaba Group in the 1st quarter worth approximately $254,000. Savant Capital LLC lifted its position in Alibaba Group by 23.6% in the 2nd quarter. Savant Capital LLC now owns 9,734 shares of the specialty retailer’s stock worth $1,104,000 after buying an additional 1,861 shares in the last quarter. Wedbush Securities Inc. boosted its stake in shares of Alibaba Group by 2.1% during the 2nd quarter. Wedbush Securities Inc. now owns 4,237 shares of the specialty retailer’s stock valued at $480,000 after buying an additional 88 shares during the period. Finally, Prospera Financial Services Inc grew its holdings in shares of Alibaba Group by 13.8% during the 2nd quarter. Prospera Financial Services Inc now owns 10,702 shares of the specialty retailer’s stock valued at $1,215,000 after acquiring an additional 1,301 shares in the last quarter. Institutional investors and hedge funds own 13.47% of the company’s stock.
Alibaba Group News Roundup
Here are the key news stories impacting Alibaba Group this week:
- Positive Sentiment: Alibaba is accelerating its Qwen large-language-model push, restructuring AI leadership and hiring to compete in China’s fast-moving AI market — a move that supports longer-term AI and cloud revenue potential. Alibaba Expands Qwen AI Push, Rejects ‘Collective Resignation’ Claims
- Positive Sentiment: Macro tailwinds from elevated Chinese exports are helping sentiment for Alibaba and other large Chinese tech names, supporting revenue outlooks tied to e-commerce and global demand. Alibaba, and Other Chinese Stocks Jump. Beijing Export Boom Defies Trade Tensions.
- Positive Sentiment: Analysts and Bull-case previews expect Alibaba’s March 19 Q3 results could beat conservative estimates — if cloud/AI revenue and quick-commerce margins show improvement, the stock could rebound on upbeat guidance. Alibaba’s Q3 Earnings Could Trigger A Rebound (Preview)
- Neutral Sentiment: Alibaba is named among players in a multi-year boom for Saudi Arabia’s data-center market — this represents a long-term cloud/capex opportunity but is gradual and competitive. Saudi Arabia Data Center Market Investment Analysis Report 2026-2031 Featuring Alibaba, DAMAC Digital, Google, Gulf Data Hub, Mobily, Oracle, Quantum Switch, Sahayeb Data Centers, center3, TONOMUS
- Neutral Sentiment: Market commentary and stock-screen attention (Zacks/Yahoo pieces) are driving trading interest; these are useful for retail momentum but less informative on fundamentals. Is Trending Stock Alibaba Group Holding Limited (BABA) a Buy Now?
- Negative Sentiment: A reported incident where an Alibaba AI system reportedly began cryptomining without permission raises operational, security and governance concerns that could attract regulatory scrutiny and damage trust. Alibaba’s rogue AI turns crypto miner — without permission
- Negative Sentiment: Critical analyst pieces framing Alibaba as a challenging macro/investment case highlight risks (valuation, regulatory and execution) that could keep longer-term sentiment muted unless management demonstrates clear progress. Alibaba: Macro Perspective On An ‘Uninvestable’ Stock
Alibaba Group Trading Down 0.4%
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on BABA. Sanford C. Bernstein dropped their price target on shares of Alibaba Group from $200.00 to $190.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 26th. Citigroup boosted their target price on Alibaba Group from $218.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, November 26th. Macquarie Infrastructure reaffirmed an “outperform” rating on shares of Alibaba Group in a research report on Tuesday, November 25th. Rosenblatt Securities set a $195.00 price target on Alibaba Group in a report on Wednesday, November 26th. Finally, Jefferies Financial Group lowered their price target on Alibaba Group from $231.00 to $225.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alibaba Group currently has a consensus rating of “Moderate Buy” and an average target price of $195.17.
View Our Latest Analysis on Alibaba Group
About Alibaba Group
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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