Key Points Johnson Investment Counsel Inc. increased its holdings in Tesla, Inc. by 2.4% during the 2nd quarter, now owning 139,691 shares valued at approximately $44.37 million. Insider transactions revealed Director James R. Murdoch sold 120,000 shares for about $42 million, reducing his ownership by 14.69%. Analysts are optimistic about Tesla’s stock, with several raising their price targets, including a hike from CICC Research from $360 to $450 and Deutsche Bank from $345 to $435. Lithium Americas: Why This 31% Rally Is More Than Just a Headline Several other large investors have also made changes to their positions in TSLA. Cherry Tree Wealth Management LLC boosted its position in shares of Tesla by 86.3% during the 1st quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer's stock worth $25,000 after acquiring an additional 44 shares in the last quarter. First PREMIER Bank boosted its position in shares of Tesla by 79.2% during the 1st quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock worth $25,000 after acquiring an additional 42 shares in the last quarter. Newton One Investments LLC boosted its position in shares of Tesla by 250.0% during the 1st quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer's stock worth $27,000 after acquiring an additional 75 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new stake in shares of Tesla during the 1st quarter worth approximately $27,000. Finally, Chelsea Counsel Co. boosted its position in shares of Tesla by 59.7% during the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock worth $28,000 after acquiring an additional 40 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: