Rep. Josh Gottheimer Purchases Shares of Alibaba Group Holding Limited (NYSE:BABA)

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Alibaba Group Holding Limited NYSE: BABA. In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alibaba Group stock on January 31st. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/31/2025.
• Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 1/31/2025.
• Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/31/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/30/2025.
• Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Trane Technologies NYSE: TT on 1/30/2025.

Alibaba Group Stock Up 4.3 %

BABA stock traded up $5.19 during mid-day trading on Friday, reaching $124.73. The company had a trading volume of 52,592,862 shares, compared to its average volume of 21,722,708. Alibaba Group Holding Limited has a 52 week low of $68.36 and a 52 week high of $126.80. The company has a market capitalization of $296.71 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 0.42 and a beta of 0.31. The stock has a 50 day simple moving average of $91.25 and a two-hundred day simple moving average of $91.02. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 1.37.

Alibaba Group (NYSE:BABA - Get Free Report) last released its quarterly earnings data on Friday, November 15th. The specialty retailer reported $15.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.87 by $13.19. Alibaba Group had a return on equity of 12.28% and a net margin of 8.98%. The company had revenue of $236.50 billion during the quarter, compared to analysts' expectations of $239.45 billion. During the same period last year, the firm posted $1.82 earnings per share. The business's revenue was up 5.2% on a year-over-year basis. As a group, equities analysts predict that Alibaba Group Holding Limited will post 7.86 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BABA shares. Citigroup raised their price objective on Alibaba Group from $133.00 to $138.00 and gave the company a "buy" rating in a research report on Friday, January 10th. Robert W. Baird lifted their price target on Alibaba Group from $88.00 to $110.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Benchmark reissued a "buy" rating and set a $118.00 price target on shares of Alibaba Group in a report on Friday, November 15th. Barclays dropped their price target on Alibaba Group from $137.00 to $130.00 and set an "overweight" rating for the company in a report on Tuesday, November 19th. Finally, Mizuho lifted their price objective on Alibaba Group from $92.00 to $113.00 and gave the company an "outperform" rating in a report on Tuesday, November 12th. Three equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $115.86.

Institutional Investors Weigh In On Alibaba Group

A number of hedge funds and other institutional investors have recently bought and sold shares of BABA. Rings Capital Management LLC lifted its holdings in Alibaba Group by 1.4% during the 4th quarter. Rings Capital Management LLC now owns 7,100 shares of the specialty retailer's stock worth $602,000 after buying an additional 100 shares during the period. Lindbrook Capital LLC lifted its holdings in Alibaba Group by 3.7% during the 4th quarter. Lindbrook Capital LLC now owns 2,829 shares of the specialty retailer's stock worth $240,000 after buying an additional 101 shares during the period. Global Endowment Management LP lifted its holdings in Alibaba Group by 1.4% during the 4th quarter. Global Endowment Management LP now owns 7,570 shares of the specialty retailer's stock worth $642,000 after buying an additional 106 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its holdings in Alibaba Group by 3.6% during the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 3,134 shares of the specialty retailer's stock worth $266,000 after buying an additional 108 shares during the period. Finally, TRUE Private Wealth Advisors lifted its holdings in Alibaba Group by 3.7% during the 3rd quarter. TRUE Private Wealth Advisors now owns 3,123 shares of the specialty retailer's stock worth $331,000 after buying an additional 112 shares during the period. Institutional investors own 13.47% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Alibaba Group

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.