Key Points Sagespring Wealth Partners LLC increased its stake in Tesla, Inc. by 26.9%, owning a total of 33,725 shares valued at approximately $10.7 million as of the end of the recent quarter. Analysts have differing views on Tesla, with price objectives ranging from $175 to $520, and a consensus target price of $363.03 according to recent research reports. Insiders at Tesla have sold a total of 202,606 shares valued at nearly $75.6 million in the past ninety days, indicating a significant decrease in their ownership percentages. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. 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 position in shares of Tesla during the 1st quarter worth about $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. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: