Share on Stocktwits Czech National Bank raised its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 712,601 shares of the electric vehicle producer’s stock after purchasing an additional 27,709 shares during the period. Tesla makes up approximately 2.2% of Czech National Bank’s holdings, making the stock its 8th largest holding. Czech National Bank’s holdings in Tesla were worth $316,908,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other hedge funds and other institutional investors have also recently modified their holdings of TSLA. Chapman Financial Group LLC bought a new stake in Tesla in the 2nd quarter worth approximately $26,000. LGT Financial Advisors LLC purchased a new position in shares of Tesla during the second quarter worth approximately $29,000. CoreFirst Bank & Trust bought a new stake in shares of Tesla in the 2nd quarter worth approximately $30,000. ESL Trust Services LLC boosted its stake in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares in the last quarter. Finally, Delos Wealth Advisors LLC bought a new position in shares of Tesla during the 2nd quarter valued at $32,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Tesla Price Performance TSLA opened at $483.37 on Friday. 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 stock has a market capitalization of $1.61 trillion, a PE ratio of 322.25, a price-to-earnings-growth ratio of 11.68 and a beta of 1.87. The stock’s 50 day moving average price is $438.62 and its 200-day moving average price is $379.59. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $495.28. Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. The business had revenue of $28.10 billion for the quarter, compared to analysts’ expectations of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.72 earnings per share. On average, equities research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Insider Transactions at Tesla In other news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 19.90% of the company’s stock. Wall Street Analysts Forecast Growth TSLA has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on shares of Tesla from $440.00 to $470.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Royal Bank Of Canada restated an “outperform” rating and set a $500.00 price target on shares of Tesla in a research report on Thursday, October 23rd. Cowen reaffirmed a “buy” rating on shares of Tesla in a research note on Monday, November 17th. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research note on Thursday, October 30th. Finally, Benchmark reaffirmed a “buy” rating on shares of Tesla in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and a consensus price target of $402.25.