Image from MarketBeat Media, LLC. Migdal Insurance & Financial Holdings Ltd. decreased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 0.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,560 shares of the electric vehicle producer's stock after selling 1,420 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.'s holdings in Tesla were worth $74,509,000 as of its most recent filing with the Securities and Exchange Commission. Get Tesla alerts: Tesla Bulls vs. Bears Are Getting Loud Ahead of Earnings In related news, Director James R. Murdoch sold 60,000 shares of the 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 transaction, the director 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction that occurred 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 in the company, valued at $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 119,457 shares of company stock valued at $53,501,145 over the last quarter. Corporate insiders own 19.90% of the company's stock. Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on TSLA shares. New Street Research upped their target price on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft raised their target price on Tesla from $470.00 to $500.00 and gave the company a "buy" rating in a report on Friday, December 19th. Evercore ISI increased their price objective on Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, October 29th. William Blair restated a "market perform" rating on shares of Tesla in a research note on Friday, January 2nd. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of Tesla in a research note on Thursday, October 30th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and eight have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $410.77.