Alibaba Group (NYSE:BABA) Stock Acquired Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Alibaba Group Holding Limited NYSE: BABA. In a filing disclosed on March 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Alibaba Group stock on February 25th.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 3/7/2025.
• Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/6/2025.
• Purchased $1,001 - $15,000 in shares of SEA NYSE: SE on 3/5/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 3/4/2025.
• Sold $15,001 - $50,000 in shares of Alibaba Group NYSE: BABA on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Zoom Video Communications NASDAQ: ZM on 3/4/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 3/3/2025.
• Purchased $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 3/3/2025.

Alibaba Group Price Performance

NYSE BABA traded down $0.11 on Monday, reaching $132.32. The company had a trading volume of 11,327,997 shares, compared to its average volume of 28,428,693. The stock has a market capitalization of $314.39 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 0.61 and a beta of 0.28. Alibaba Group Holding Limited has a 12 month low of $68.36 and a 12 month high of $148.43. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.19. The firm's 50 day moving average price is $121.60 and its 200 day moving average price is $102.70.

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Alibaba Group (NYSE:BABA - Get Free Report) last issued its earnings results 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). Alibaba Group had a return on equity of 12.89% and a net margin of 12.29%. The firm had revenue of $38.38 billion during the quarter, compared to the consensus estimate of $38.19 billion. As a group, equities analysts predict that Alibaba Group Holding Limited will post 7.86 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in Alibaba Group in the fourth quarter worth $31,000. Sierra Ocean LLC acquired a new stake in shares of Alibaba Group in the 4th quarter worth $32,000. Strategic Investment Solutions Inc. IL grew its stake in Alibaba Group by 59.0% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 539 shares of the specialty retailer's stock worth $46,000 after buying an additional 200 shares during the last quarter. Redwood Park Advisors LLC acquired a new position in Alibaba Group during the 4th quarter valued at about $52,000. Finally, Kieckhefer Group LLC purchased a new stake in Alibaba Group in the fourth quarter valued at about $55,000. Hedge funds and other institutional investors own 13.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BABA. JPMorgan Chase & Co. raised their target price on shares of Alibaba Group from $125.00 to $170.00 and gave the company an "overweight" rating in a report on Friday, February 21st. Sanford C. Bernstein upgraded shares of Alibaba Group from a "market perform" rating to an "outperform" rating and boosted their target price for the stock from $104.00 to $165.00 in a report on Tuesday, February 25th. Morgan Stanley raised shares of Alibaba Group from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $100.00 to $180.00 in a report on Monday, February 24th. Citigroup boosted their price objective on Alibaba Group from $133.00 to $138.00 and gave the stock a "buy" rating in a research note on Friday, January 10th. Finally, Robert W. Baird lifted their target price on Alibaba Group from $110.00 to $125.00 and gave the stock an "outperform" rating in a report on Wednesday, February 19th. One analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Alibaba Group currently has an average rating of "Buy" and a consensus target price of $148.14.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.