Share on Stocktwits Austin Private Wealth LLC lowered its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 41.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 3,136 shares of the electric vehicle producer’s stock after selling 2,230 shares during the period. Austin Private Wealth LLC’s holdings in Tesla were worth $1,395,000 as of its most recent SEC filing. Get Tesla alerts: Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after acquiring an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Tesla by 2.0% during 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 during the period. Norges Bank bought a new position in shares of Tesla in the 2nd quarter worth about $11,839,824,000. Legal & General Group Plc boosted its holdings in shares of Tesla by 5.9% in 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 during the period. Finally, Amundi raised its stake in Tesla by 20.4% during the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after acquiring an additional 3,422,270 shares during the period. Institutional investors own 66.20% of the company’s stock. Analyst Ratings Changes Several analysts recently issued reports on the company. Robert W. Baird raised Tesla from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $320.00 to $548.00 in a report on Friday, September 19th. Canaccord Genuity Group raised their target price on Tesla from $482.00 to $551.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. William Blair restated a “market perform” rating on shares of Tesla in a research report on Friday, September 5th. Stifel Nicolaus lifted their price objective on shares of Tesla from $483.00 to $508.00 and gave the company a “buy” rating in a research report on Monday, November 17th. Finally, Truist Financial set a $444.00 target price on shares of Tesla and gave the stock a “hold” rating in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $414.50.