Image from MarketBeat Media, LLC. Key Points Legacy Capital Wealth Partners LLC boosted its Tesla position by 1,103% in Q2 to 32,469 shares worth about $10.31 million, making TSLA 2.2% of its portfolio and its 5th largest holding. Insider selling has been significant: Director James R. Murdoch sold 60,000 shares (~$25.36M) and SVP Xiaotong Zhu sold 20,000 shares (~$7.28M), with insiders offloading 82,606 shares (~$33.55M) in the last three months and now owning 19.9%. Analyst sentiment is mixed — MarketBeat shows a consensus "Hold" with a $394.03 average target, while Tesla trades near a $1.43 trillion market cap and a PE of about 287 after a recent revenue and EPS beat. Tesla Just Got Called a “Must Own” Stock—Here’s Why Other hedge funds and other institutional investors have also bought and sold shares of the company. First Merchants Corp increased its position 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 worth $767,000 after acquiring an additional 31 shares in the last quarter. Kaye Capital Management increased its holdings in Tesla by 3.1% during the 2nd quarter. Kaye Capital Management now owns 1,047 shares of the electric vehicle producer's stock worth $333,000 after purchasing an additional 31 shares in the last quarter. Spectrum Wealth Advisory Group LLC raised its stake in shares of Tesla by 3.4% in the second quarter. Spectrum Wealth Advisory Group LLC now owns 941 shares of the electric vehicle producer's stock worth $299,000 after purchasing an additional 31 shares during the last quarter. Wambolt & Associates LLC lifted its holdings in shares of Tesla by 1.0% in the second quarter. Wambolt & Associates LLC now owns 3,119 shares of the electric vehicle producer's stock valued at $938,000 after purchasing an additional 31 shares in the last quarter. Finally, Alaska Wealth Advisors boosted its position in shares of Tesla by 3.4% during the second quarter. Alaska Wealth Advisors now owns 985 shares of the electric vehicle producer's stock valued at $313,000 after buying an additional 32 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: