Alibaba (BABA) Stock Falls as Treasury Yields Hit Tech, Insider Sells $12 Million

Alibaba Group (NYSE:BABA) Insider Sells 885,272 Shares of Stock

Alibaba Group Holding Limited (NYSE:BABA - Get Free Report) insider Fang Jiang sold 885,272 shares of Alibaba Group stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $13.55, for a total transaction of $11,995,435.60. Following the transaction, the insider directly owned 4,679,097 shares of the company's stock, valued at approximately $63,401,764.35. This trade represents a 15.91% decrease in thei…

Treasury Yields Climb to 24-Year Peak, Dragging Alibaba (BABA) Down 2% Friday

Alibaba (BABA) dropped 2% as 10-year Treasury yields hit 5.3%, a 24-year high. Insider Fang Jiang sold $12M in shares while analysts maintain buy ratings.

Alibaba (BABA) Stock Falls as Treasury Yields Hit Tech, Insider Sells $12 Million

TLDR Alibaba shares opened at $107.40 Friday after dropping roughly 2% as Hong Kong’s Hang Seng Index fell 2.6%. The Hang Seng posted its worst single day in more than six months. A surge in the 10-year U.S. Treasury yield to above 5.3%, a 24-year high, triggered the selloff. Alibaba insider Fang...

Insider Selling: Alibaba Group (NYSE:BABA) General Counsel Sells $91,855.12 in Stock

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report) General Counsel Siying Yu sold 6,764 shares of the business’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of $13.58, for a total value of $91,855.12. Following the sale, the general counsel directly owned 613,965 shares of the […]