Alibaba Group (NYSE:BABA) CFO Hong Xu Sells 103,046 Shares of Stock

Alibaba Group (NYSE:BABA) CFO Hong Xu Sells 103,046 Shares of Stock

Alibaba Group Holding Limited (NYSE:BABA - Get Free Report) CFO Hong Xu sold 103,046 shares of Alibaba Group stock in a transaction on Friday, September 25th. The stock was sold at an average price of $13.68, for a total transaction of $1,409,669.28. Following the completion of the transaction, the chief financial officer directly owned 406,450 shares of the company's stock, valued at approximately $5,560,236. This represents a 20.23% decrease i…