Key Points Alexis Investment Partners LLC reduced its Tesla holdings by 13.3%, selling 625 shares, and now owns 4,073 shares valued at approximately $1,318,000. Recent insider trading saw SVP Xiaotong Zhu sell 20,000 shares for $7.27 million, reducing their stake by nearly 30%. Analysts have varied opinions on Tesla, with target prices ranging from $325 to $600, and an average rating of "Hold." Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Other institutional investors and hedge funds also recently made changes to their positions in the company. First PREMIER Bank grew its holdings 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 acquiring an additional 42 shares during the last quarter. Arcadia Investment Management Corp MI bought a new stake in Tesla in the 1st quarter worth $27,000. Chelsea Counsel Co. grew its holdings 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 acquiring an additional 40 shares during the last quarter. Centennial Bank AR grew its holdings in Tesla by 833.3% in 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 during the last quarter. Finally, Compass Wealth Management LLC grew its holdings in Tesla by 360.0% in 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 during the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: