Share on Stocktwits Campbell Capital Management Inc. increased its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 1,763.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 8,477 shares of the electric vehicle producer’s stock after purchasing an additional 8,022 shares during the period. Tesla makes up about 1.1% of Campbell Capital Management Inc.’s portfolio, making the stock its 27th biggest holding. Campbell Capital Management Inc.’s holdings in Tesla were worth $2,693,000 as of its most recent filing with the Securities and Exchange Commission. Get Tesla alerts: Several other institutional investors also recently modified their holdings of TSLA. Tactive Advisors LLC acquired a new stake in shares of Tesla during the second quarter valued at about $2,712,000. Geneos Wealth Management Inc. lifted its holdings in Tesla by 40.9% in the second quarter. Geneos Wealth Management Inc. now owns 35,650 shares of the electric vehicle producer’s stock valued at $11,325,000 after buying an additional 10,349 shares during the period. V2 Financial group LLC bought a new stake in shares of Tesla during the 2nd quarter valued at about $223,000. SPG Advisors LLC acquired a new stake in shares of Tesla during the 2nd quarter worth approximately $735,000. Finally, Wellington Capital Management Inc. acquired a new position in shares of Tesla during the second quarter valued at about $379,000. 66.20% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In Several research firms recently issued reports on TSLA. Baird R W raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 19th. CICC Research raised their target price on Tesla from $360.00 to $450.00 and gave the company an “outperform” rating in a research report on Thursday, September 18th. Truist Financial increased their price objective on Tesla from $280.00 to $406.00 and gave the company a “hold” rating in a report on Thursday, October 23rd. Bank of America boosted their price target on shares of Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Tesla from $440.00 to $470.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $399.33.