Image from MarketBeat Media, LLC. Key Points Sandbox Financial Partners LLC decreased its Tesla stake by 31.3% in Q3, selling 2,142 shares and finishing the quarter with 4,705 shares worth about $2.09 million. Large insider selling occurred: CFO Vaibhav Taneja sold 2,637 shares for roughly $1.17 million and director Kimbal Musk sold 56,820 shares for about $25.61 million, lowering insider ownership to 19.90%. Analyst sentiment is mixed with a MarketBeat consensus of Hold and an average price target of $414.50, below the stock's recent trading level (~$459.64), indicating valuation caution. MarketBeat Week in Review – 12/22 - 12/26 Several other large investors have also made changes to their positions in the business. Montgomery Investment Management Inc. bought a new stake in Tesla in the 3rd quarter valued at $276,000. Great Oak Capital Partners LLC increased its position in shares of Tesla by 28.4% during the third quarter. Great Oak Capital Partners LLC now owns 1,018 shares of the electric vehicle producer's stock valued at $467,000 after purchasing an additional 225 shares during the period. Lakeridge Wealth Management LLC raised its stake in shares of Tesla by 1.0% in the third quarter. Lakeridge Wealth Management LLC now owns 2,585 shares of the electric vehicle producer's stock valued at $1,149,000 after purchasing an additional 25 shares in the last quarter. Mayflower Financial Advisors LLC lifted its position in Tesla by 0.9% in the third quarter. Mayflower Financial Advisors LLC now owns 6,370 shares of the electric vehicle producer's stock worth $2,833,000 after purchasing an additional 54 shares during the period. Finally, Rede Wealth LLC lifted its stake in Tesla by 2,162.4% during the third quarter. Rede Wealth LLC now owns 24,140 shares of the electric vehicle producer's stock worth $10,736,000 after purchasing an additional 23,073 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: