Share on Stocktwits Smith Salley Wealth Management grew its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 27.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,986 shares of the electric vehicle producer’s stock after buying an additional 1,512 shares during the period. Smith Salley Wealth Management’s holdings in Tesla were worth $3,107,000 as of its most recent SEC filing. Get Tesla alerts: Several other large investors have also made changes to their positions in TSLA. Norges Bank acquired a new stake in Tesla during the second quarter worth about $11,839,824,000. Kingstone Capital Partners Texas LLC grew its holdings in shares of Tesla by 581,880.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer’s stock worth $2,044,683,000 after purchasing an additional 6,435,598 shares during the period. Vanguard Group Inc. increased its position in Tesla by 1.8% during 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 purchasing an additional 4,502,976 shares in the last quarter. Amundi raised its holdings in Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after buying an additional 3,422,270 shares during the period. Finally, Caxton Associates LLP acquired a new position in Tesla during the first quarter valued at approximately $469,339,000. 66.20% of the stock is owned by hedge funds and other institutional investors. Wall Street Analysts Forecast Growth Several equities research analysts have recently issued reports on the stock. UBS Group reissued a “sell” rating on shares of Tesla in a research report on Tuesday, December 23rd. DZ Bank reiterated a “sell” rating on shares of Tesla in a report on Thursday, October 23rd. Mizuho raised their price objective on Tesla from $475.00 to $530.00 and gave the company an “outperform” rating in a research report on Tuesday, December 16th. Roth Capital set a $505.00 target price on Tesla and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Tesla from $470.00 to $500.00 and gave the company a “buy” rating in a research note on Friday, December 19th. One 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $414.50.