Representative Josh Gottheimer (D-New Jersey) recently bought shares of Alibaba Group Holding Limited NYSE: BABA. In a filing disclosed on March 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alibaba Group stock on February 12th. 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 The Goldman Sachs Group NYSE: GS on 2/28/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 2/28/2025.
- Sold $1,001 - $15,000 in shares of Block NYSE: XYZ on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/27/2025.
- Sold $1,001 - $15,000 in shares of Paragon 28 NYSE: FNA on 2/27/2025.
- Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 2/26/2025.
- Purchased $1,001 - $15,000 in shares of Fiserv NYSE: FI on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Blackstone NYSE: BX on 2/26/2025.
- Sold $1,001 - $15,000 in shares of Vertiv NYSE: VRT on 2/25/2025.
Alibaba Group Price Performance
Shares of Alibaba Group stock traded up $0.64 on Friday, hitting $140.59. The company had a trading volume of 31,813,632 shares, compared to its average volume of 18,635,841. The business has a 50-day simple moving average of $105.46 and a 200-day simple moving average of $96.90. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. The company has a market cap of $334.04 billion, a PE ratio of 20.32, a PEG ratio of 0.61 and a beta of 0.28. Alibaba Group Holding Limited has a 52 week low of $68.36 and a 52 week high of $145.36.
Alibaba Group (NYSE:BABA - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The specialty retailer reported $2.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.84 by ($0.07). The company had revenue of $38.38 billion during the quarter, compared to the consensus estimate of $38.19 billion. Alibaba Group had a net margin of 12.29% and a return on equity of 12.89%. Research analysts expect that Alibaba Group Holding Limited will post 7.86 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the stock. Citigroup increased their price objective on shares of Alibaba Group from $133.00 to $138.00 and gave the company a "buy" rating in a report on Friday, January 10th. Morgan Stanley raised shares of Alibaba Group from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $100.00 to $180.00 in a research note on Monday, February 24th. Bank of America increased their target price on shares of Alibaba Group from $117.00 to $150.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Sanford C. Bernstein raised shares of Alibaba Group from a "market perform" rating to an "outperform" rating and increased their target price for the company from $104.00 to $165.00 in a research note on Tuesday, February 25th. Finally, Barclays increased their target price on shares of Alibaba Group from $130.00 to $180.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Fifteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $144.07.
Check Out Our Latest Research Report on Alibaba Group
Hedge Funds Weigh In On Alibaba Group
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC boosted its stake in Alibaba Group by 21.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 155,440 shares of the specialty retailer's stock worth $13,180,000 after purchasing an additional 27,088 shares during the period. Exchange Traded Concepts LLC boosted its stake in shares of Alibaba Group by 131.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 74,807 shares of the specialty retailer's stock valued at $6,343,000 after buying an additional 42,446 shares during the period. Bailard Inc. boosted its stake in shares of Alibaba Group by 46.3% during the 4th quarter. Bailard Inc. now owns 10,245 shares of the specialty retailer's stock valued at $869,000 after buying an additional 3,242 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in shares of Alibaba Group by 63.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 28,716 shares of the specialty retailer's stock valued at $3,047,000 after buying an additional 11,192 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Alibaba Group by 7,734.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 269,805 shares of the specialty retailer's stock valued at $28,632,000 after buying an additional 266,361 shares during the period. Institutional investors and hedge funds 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
(
Get Free Report)
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.
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