Share on Stocktwits Andar Capital Management HK Ltd purchased a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,000 shares of the electric vehicle producer’s stock, valued at approximately $1,271,000. Tesla comprises approximately 1.5% of Andar Capital Management HK Ltd’s holdings, making the stock its 18th largest holding. Get Tesla alerts: A number of other institutional investors and hedge funds have also added to or reduced their stakes in TSLA. Vanguard Group Inc. raised its stake in shares of Tesla by 1.5% during the first quarter. Vanguard Group Inc. now owns 246,887,705 shares of the electric vehicle producer’s stock valued at $63,983,418,000 after purchasing an additional 3,694,524 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in Tesla by 322.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer’s stock valued at $6,891,201,000 after buying an additional 20,291,139 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Tesla by 4.9% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 18,174,941 shares of the electric vehicle producer’s stock worth $4,710,218,000 after acquiring an additional 849,091 shares during the period. Amundi boosted its holdings in shares of Tesla by 29.4% in the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer’s stock valued at $4,482,789,000 after acquiring an additional 3,814,610 shares in the last quarter. Finally, Invesco Ltd. increased its stake in shares of Tesla by 17.6% during the first quarter. Invesco Ltd. now owns 14,786,414 shares of the electric vehicle producer’s stock valued at $3,832,047,000 after acquiring an additional 2,211,300 shares during the period. 66.20% of the stock is owned by institutional investors. Tesla Stock Down 1.3% Tesla stock opened at $439.62 on Wednesday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $488.54. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. The firm has a market cap of $1.46 trillion, a PE ratio of 293.08, a P/E/G ratio of 16.84 and a beta of 2.06. The firm’s 50 day moving average price is $425.40 and its two-hundred day moving average price is $358.68. Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to analysts’ expectations of $24.98 billion. During the same period in the previous year, the company posted $0.72 EPS. Tesla’s revenue was up 11.6% on a year-over-year basis. On average, research analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Wall Street Analysts Forecast Growth Several equities analysts have recently issued reports on TSLA shares. Stifel Nicolaus set a $483.00 price target on Tesla and gave the company a “buy” rating in a research report on Wednesday, October 8th. Barclays reiterated a “negative” rating and issued a $350.00 price target (up from $275.00) on shares of Tesla in a research report on Thursday, October 16th. Baird R W raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 19th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Tesla from $440.00 to $470.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Finally, Melius Research set a $520.00 price target on shares of Tesla and gave the stock a “buy” rating in a research report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have given a Hold rating and eleven have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $391.08.