Key Points Signature Estate & Investment Advisors LLC reduced its stake in Tesla, Inc. by 4.5%, now holding 13,839 shares valued at $4,396,000. Tesla's stock opened at $439.31, with a market cap of $1.46 trillion and recent quarterly revenue that saw a decline of 11.8% compared to the previous year. Analyst ratings for Tesla show a consensus rating of "Hold," with a target price of $363.54; two analysts rated it as a Strong Buy while ten issued Sell ratings. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Several other large investors have also recently added to or reduced their stakes in the business. First PREMIER Bank grew its holdings in 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. Arcadia Investment Management Corp MI acquired a new position in Tesla during the 1st quarter worth approximately $27,000. Chelsea Counsel Co. grew its holdings in 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. Centennial Bank AR grew its holdings in Tesla by 833.3% during the 1st quarter. Centennial Bank AR now owns 112 shares of the electric vehicle producer's stock worth $29,000 after acquiring an additional 100 shares in the last quarter. Finally, Compass Wealth Management LLC grew its holdings in Tesla by 360.0% during the 1st quarter. Compass Wealth Management LLC now owns 115 shares of the electric vehicle producer's stock worth $30,000 after acquiring an additional 90 shares in the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors. Get Tesla alerts: