Fairtree Asset Management Pty Ltd Sells 11,945 Shares of Alibaba Group Holding Limited $BABA

Market Beat
2026.05.20 08:13
portai
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Fairtree Asset Management Pty Ltd reduced its stake in Alibaba Group Holding Limited (NYSE:BABA) by 57.7%, selling 11,945 shares in Q4, leaving it with 8,751 shares valued at $1,283,000. Other investors, including Northwestern Mutual and Capital World Investors, significantly increased their holdings. Analysts have mixed ratings on Alibaba, with an average target price of $188.76. The stock opened at $135.58, with a market cap of $325.27 billion and a recent EPS of $0.01.