Image from MarketBeat Media, LLC. Key Points Stephens Consulting LLC cut its stake in Tesla by 45.5% in the third quarter, selling 1,096 shares and leaving it with 1,314 shares worth about $584,000. Large institutions continue to move in opposite directions — firms like Vanguard, Geode and Norges Bank added or established large positions (institutional ownership is ~66.20%) — while insiders have been selling, including Kimbal Musk (56,820 shares, ~$25.6M) and CFO Vaibhav Taneja (2,637 shares). Broker sentiment is mixed: the consensus rating is Hold with an average price target of $414.50, but several analysts have recently raised targets (e.g., TD Cowen to $509 and some targets into the low $500s). Tesla Is Knocking on $500 Again—Here’s What It Means For January Several other institutional investors and hedge funds have also bought and sold shares of TSLA. Vanguard Group Inc. raised its position in shares of Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after acquiring an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC raised its holdings in Tesla by 2.0% in the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock worth $20,480,477,000 after purchasing an additional 1,269,304 shares in the last quarter. Norges Bank purchased a new position in Tesla during the second quarter valued at $11,839,824,000. Legal & General Group Plc boosted its holdings in shares of Tesla by 5.9% during the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer's stock valued at $6,424,705,000 after buying an additional 1,134,678 shares in the last quarter. Finally, Amundi grew its position in shares of Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock worth $6,374,284,000 after buying an additional 3,422,270 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: