Share on Stocktwits Altiora Financial Group LLC raised its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 68.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,060 shares of the electric vehicle producer’s stock after purchasing an additional 2,052 shares during the quarter. Altiora Financial Group LLC’s holdings in Tesla were worth $1,607,000 at the end of the most recent quarter. Get Tesla alerts: Several other hedge funds and other institutional investors have also recently made changes to their positions in TSLA. Chelsea Counsel Co. lifted its position in Tesla by 59.7% in the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 40 shares in the last quarter. LGT Financial Advisors LLC purchased a new position in shares of Tesla in the second quarter worth $29,000. Evergreen Private Wealth LLC lifted its holdings in shares of Tesla by 270.0% during the second quarter. Evergreen Private Wealth LLC now owns 111 shares of the electric vehicle producer’s stock valued at $35,000 after purchasing an additional 81 shares in the last quarter. Glynn Capital Management LLC purchased a new stake in shares of Tesla during the second quarter valued at $35,000. Finally, Pacific Center for Financial Services increased its holdings in Tesla by 44.7% in the 1st quarter. Pacific Center for Financial Services now owns 149 shares of the electric vehicle producer’s stock worth $39,000 after buying an additional 46 shares in the last quarter. Institutional investors own 66.20% of the company’s stock. Analysts Set New Price Targets A number of brokerages have recently issued reports on TSLA. Benchmark reaffirmed a “buy” rating on shares of Tesla in a report on Thursday, October 23rd. JPMorgan Chase & Co. increased their price objective on shares of Tesla from $115.00 to $150.00 in a research report on Friday, October 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research report on Thursday, October 30th. CICC Research increased their price target on Tesla from $360.00 to $450.00 and gave the company an “outperform” rating in a report on Thursday, September 18th. Finally, Daiwa Capital Markets restated a “neutral” rating on shares of Tesla in a research note on Sunday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have given a Hold rating and ten have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $393.61.