Share on Stocktwits Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 27.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 163,762 shares of the electric vehicle producer’s stock after purchasing an additional 35,500 shares during the period. Tesla comprises approximately 0.6% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings, making the stock its 27th biggest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Tesla were worth $72,828,000 as of its most recent filing with the SEC. Get Tesla alerts: Other hedge funds have also made changes to their positions in the company. Blalock Williams LLC acquired a new stake in shares of Tesla during the third quarter worth approximately $972,000. Wealth Effects LLC grew its position in Tesla by 6.9% during the 3rd quarter. Wealth Effects LLC now owns 7,460 shares of the electric vehicle producer’s stock worth $3,318,000 after acquiring an additional 480 shares during the last quarter. PTM Wealth Management LLC acquired a new stake in Tesla during the 3rd quarter valued at $272,000. Retirement Planning Group LLC NY bought a new position in Tesla in the 3rd quarter valued at $305,000. Finally, Magnus Financial Group LLC boosted its stake in Tesla by 1.1% in the third quarter. Magnus Financial Group LLC now owns 22,655 shares of the electric vehicle producer’s stock worth $10,075,000 after purchasing an additional 247 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Tesla Price Performance Shares of TSLA stock opened at $437.50 on Friday. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The firm has a fifty day moving average of $443.51 and a 200-day moving average of $399.43. The firm has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 291.67, a price-to-earnings-growth ratio of 7.27 and a beta of 1.83. Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter last year, the business posted $0.72 EPS. The firm’s revenue was up 11.6% compared to the same quarter last year. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Activity In related news, Director Kimbal Musk sold 56,820 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 119,457 shares of company stock worth $53,501,145 in the last 90 days. Corporate insiders own 19.90% of the company’s stock. Analyst Upgrades and Downgrades TSLA has been the subject of a number of research reports. BNP Paribas raised their target price on Tesla from $307.00 to $313.00 in a research note on Monday, December 1st. Benchmark restated a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. Canaccord Genuity Group upped their target price on shares of Tesla from $482.00 to $551.00 and gave the stock a “buy” rating in a research report on Tuesday, December 23rd. Barclays reissued a “neutral” rating on shares of Tesla in a research note on Thursday. Finally, HSBC restated a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $410.20.