Insider Purchase by Wu Yongming (Chief Executive Officer)
Trade Summary
2 days ago, Wu Yongming, serving as Chief Executive Officer at Alibaba Group Holding Ltd (BABA), purchased 350,000 shares at $14.24 per share, for a total transaction value of $4,984,000.00. Following this transaction, Wu Yongming now holds 1,364,418 shares of BABA.
This purchase represents a 34.50% increase in Wu Yongming's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, August 24, 2026 and publicly disclosed via SEC Form 4 filing on Monday, August 24, 2026 at 6:04 AM ET, meaning the disclosure happened on the same day as the trade.
Alibaba Group Holding Ltd operates in the CONSUMER CYCLICAL sector, specifically within the INTERNET RETAIL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$14.24
Quantity
350,000
Total Value
$4,984,000.00
Shares Owned
1,364,418
Trade Date
2 days ago
SEC Filing Date
at 6:04 AM ET
Discussion