Image from MarketBeat Media, LLC. Key Points Banco Bilbao Vizcaya Argentaria S.A. increased its Tesla stake by 35.2% in Q2 to 305,127 shares (worth about $97.6 million), making TSLA 0.9% of BBVA’s portfolio and its 21st largest holding. Significant insider selling: Director James R. Murdoch sold 120,000 shares (~$42.0M) and CFO Vaibhav Taneja sold 2,606 shares, with insiders selling 202,606 shares (~$75.6M) in the past 90 days and now owning 19.9% of the company. Tesla recently beat earnings estimates with $0.50 EPS vs. $0.48 expected and revenue of $28.10 billion (up 11.6% YoY); the Street’s consensus rating is “Hold” with an average price target of $393.61. Tesla Has Been Trapped in a 10% Range for Months—What’s Going On? A number of other hedge funds have also recently modified their holdings of TSLA. First Merchants Corp raised its holdings in shares of Tesla by 1.3% during the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer's stock valued at $767,000 after acquiring an additional 31 shares in the last quarter. Alaska Wealth Advisors increased its position in Tesla by 3.4% during the 2nd quarter. Alaska Wealth Advisors now owns 985 shares of the electric vehicle producer's stock valued at $313,000 after purchasing an additional 32 shares during the period. KWB Wealth raised its holdings in Tesla by 2.4% in the 2nd quarter. KWB Wealth now owns 1,381 shares of the electric vehicle producer's stock worth $439,000 after purchasing an additional 33 shares in the last quarter. Conrad Siegel Investment Advisors Inc. lifted its position in shares of Tesla by 3.6% in the 2nd quarter. Conrad Siegel Investment Advisors Inc. now owns 976 shares of the electric vehicle producer's stock worth $310,000 after purchasing an additional 34 shares during the period. Finally, Guyasuta Investment Advisors Inc. boosted its stake in shares of Tesla by 0.7% during the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 5,107 shares of the electric vehicle producer's stock valued at $1,622,000 after purchasing an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock. Get Tesla alerts: