Key Points TD Asset Management Inc has reduced its stake in Tesla by 3.3%, selling 49,609 shares, leaving them with a total of 1,465,382 shares valued at approximately $465 million. Recent insider transactions include Xiaotong Zhu, SVP, selling 20,000 shares for over $7 million, and James R. Murdoch, Director, selling 120,000 shares for about $42 million. Analyst ratings for Tesla show a mix of sentiments, with Deutsche Bank raising their target price to $435 and Guggenheim maintaining a sell rating with a target of $175, indicating a wide range of price forecasts. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? A number of other hedge funds have also added to or reduced their stakes in TSLA. Brighton Jones LLC raised its stake in Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after acquiring an additional 931 shares during the period. Bison Wealth LLC raised its position in shares of Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after acquiring an additional 3,558 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Tesla by 6.0% in the 1st quarter. GAMMA Investing LLC now owns 37,862 shares of the electric vehicle producer's stock valued at $9,812,000 after purchasing an additional 2,153 shares during the period. Finally, Vicus Capital boosted its position in shares of Tesla by 71.1% during the first quarter. Vicus Capital now owns 1,389 shares of the electric vehicle producer's stock valued at $360,000 after purchasing an additional 577 shares in the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors. Get Tesla alerts: