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flag Institutional investors, including Sierra Summit, increased Alibaba's stake in Q2, boosting ownership to 13.47%.

flag Wealthspire Advisors, Temasek Holdings, and Sierra Summit Advisors increased their stakes in Alibaba Group during the second quarter, with Sierra Summit boosting its position by 67.3% to 83,922 shares. flag Institutional ownership now totals 13.47%. flag The stock traded around $153.08, with a market cap of $365.26 billion and a P/E ratio of 17.80. flag Analysts maintain a mixed but generally positive outlook, with a consensus "Moderate Buy" rating and an average price target of $190.18.

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