Share on Stocktwits Nations Financial Group Inc. IA ADV raised its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 20.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,565 shares of the electric vehicle producer’s stock after acquiring an additional 2,765 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Tesla were worth $7,367,000 at the end of the most recent quarter. Get Tesla alerts: A number of other large investors also recently made changes to their positions in TSLA. Vanguard Group Inc. grew its position in Tesla by 1.8% during the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Tesla by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after buying an additional 1,269,304 shares during the period. Norges Bank acquired a new stake in shares of Tesla during the 2nd quarter valued at $11,839,824,000. Legal & General Group Plc grew its holdings in shares of Tesla by 5.9% during 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 acquiring an additional 1,134,678 shares in the last quarter. Finally, Amundi increased its stake in shares of Tesla by 20.4% in 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 last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Insider Buying and Selling In other news, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the business’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 position. 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 quarter. 19.90% of the stock is currently owned by company insiders. Wall Street Analysts Forecast Growth TSLA has been the subject of a number of research reports. Mizuho lifted 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. UBS Group reiterated a “sell” rating and set a $307.00 price target (up from $247.00) on shares of Tesla in a report on Wednesday. Canaccord Genuity Group boosted their price target on Tesla from $482.00 to $551.00 and gave the company a “buy” rating in a research note on Tuesday, December 23rd. Truist Financial dropped their price objective on Tesla from $444.00 to $439.00 and set a “hold” rating on the stock in a report on Friday, January 2nd. Finally, Bank of America lifted their target price on shares of Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $410.20. View Our Latest Report on Tesla Key Tesla News