QV Investors Inc. Decreases Stake in Alibaba Group Holding Limited $BABA

Market Beat
2026.01.23 11:44
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QV Investors Inc. reduced its stake in Alibaba Group Holding Limited (NYSE:BABA) by 12.0% in Q3, now holding 61,427 shares valued at approximately $10.98 million. Other institutional investors also adjusted their positions, with varying increases in holdings. Analysts maintain a generally positive outlook on BABA, with 18 rating it as a Buy. The stock opened at $177.46, showing a market cap of $423.67 billion and a price-to-earnings ratio of 24.51. Recent news includes Alibaba's plans for an IPO of its AI chipmaking arm and a joint venture for nuclear power to support its operations.