Share on Stocktwits Evolution Wealth Advisors LLC reduced its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,207 shares of the electric vehicle producer’s stock after selling 1,218 shares during the period. Tesla comprises about 0.7% of Evolution Wealth Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Evolution Wealth Advisors LLC’s holdings in Tesla were worth $5,429,000 at the end of the most recent reporting period. Get Tesla alerts: Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after purchasing an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after buying an additional 931 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after buying an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after acquiring an additional 1,011 shares in the last quarter. Finally, Wedge Capital Management L L P NC increased its position in shares of Tesla by 19.3% in the second quarter. Wedge Capital Management L L P NC now owns 2,957 shares of the electric vehicle producer’s stock valued at $939,000 after acquiring an additional 478 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Tesla Stock Down 0.2% Shares of TSLA opened at $437.50 on Tuesday. The firm has a market cap of $1.46 trillion, a P/E ratio of 291.67, a price-to-earnings-growth ratio of 7.44 and a beta of 1.83. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The firm’s 50-day simple moving average is $443.36 and its 200 day simple moving average is $400.89. Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same period last year, the business posted $0.72 earnings per share. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. On average, analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Activity at Tesla In other news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 119,457 shares of company stock worth $53,501,145 in the last ninety days. 19.90% of the stock is owned by company insiders. Key Stories Impacting Tesla