Image from MarketBeat Media, LLC. Key Points ASR Vermogensbeheer cut its Tesla stake by 0.4%, selling 1,170 shares and leaving it with 282,727 shares worth about $125.7 million, making Tesla its ninth-largest holding. Large institutions have been shifting positions—Vanguard now owns roughly 251.4 million shares and overall institutional investors hold 66.20% of Tesla—reflecting heavy institutional involvement in the stock. Insider selling has been notable (James R. Murdoch sold 60,000 shares; Kimbal Musk sold 56,820 shares), while analysts are mixed with a consensus "Hold" and average target of $410.20, leaving limited margin for error ahead of Q4 earnings. Tesla’s Earnings Loom With Almost No Room for Error In related news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of Tesla 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 119,457 shares of company stock valued at $53,501,145. 19.90% of the stock is owned by insiders. Wall Street Analysts Forecast Growth TSLA has been the topic of a number of research reports. Wedbush reiterated an "outperform" rating and issued a $600.00 target price on shares of Tesla in a report on Monday, December 15th. Deutsche Bank Aktiengesellschaft raised their price objective on Tesla from $470.00 to $500.00 and gave the stock a "buy" rating in a research note on Friday, December 19th. TD Cowen boosted their target price on Tesla from $374.00 to $509.00 and gave the stock a "buy" rating in a research report on Thursday, October 9th. Roth Capital set a $505.00 price target on Tesla and gave the company a "buy" rating in a research report on Thursday, October 23rd. Finally, Bank of America lifted their price target on Tesla from $341.00 to $471.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $410.20.