Key Points Cypress Wealth Services LLC increased its holdings in Tesla by 7.6% in Q2, owning 12,601 shares valued at approximately $4 million. Insider trading activity saw notable sales, with Director James R. Murdoch selling 120,000 shares for over $42 million, representing a 14.69% decrease in his ownership. Wall Street analysts have mixed ratings for Tesla, with price targets ranging from $355 to $520, and an overall average rating of Hold with a target price of $363.03. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Other hedge funds and other institutional investors have also bought and sold shares of the company. Cherry Tree Wealth Management LLC grew its position in Tesla by 86.3% in the 1st quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer's stock worth $25,000 after purchasing an additional 44 shares during the last quarter. First PREMIER Bank grew its position in Tesla by 79.2% in the 1st quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock worth $25,000 after purchasing an additional 42 shares during the last quarter. Newton One Investments LLC grew its position in Tesla by 250.0% in the 1st quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 75 shares during the last quarter. Arcadia Investment Management Corp MI acquired a new stake in Tesla in the 1st quarter worth $27,000. Finally, Chelsea Counsel Co. grew its position in Tesla by 59.7% in the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock worth $28,000 after purchasing an additional 40 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Get Tesla alerts: