Share on Stocktwits CAP Partners LLC decreased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 8.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 22,673 shares of the electric vehicle producer’s stock after selling 2,191 shares during the quarter. Tesla comprises approximately 5.7% of CAP Partners LLC’s portfolio, making the stock its 3rd largest holding. CAP Partners LLC’s holdings in Tesla were worth $10,083,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other large investors also recently made changes to their positions in TSLA. Vanguard Group Inc. lifted its position in shares of Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after buying an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Tesla by 2.0% during the second 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 acquiring an additional 1,269,304 shares during the last quarter. Norges Bank bought a new stake in Tesla during the second quarter worth $11,839,824,000. Legal & General Group Plc boosted its position in Tesla by 5.9% in the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock worth $6,424,705,000 after purchasing an additional 1,134,678 shares during the last quarter. Finally, Amundi grew its stake in Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after purchasing an additional 3,422,270 shares during the period. 66.20% of the stock is owned by institutional investors. Wall Street Analysts Forecast Growth A number of equities analysts recently weighed in on the stock. Stifel Nicolaus boosted their price target on shares of Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Melius started coverage on shares of Tesla in a research note on Monday, October 13th. They issued a “buy” rating and a $520.00 target price on the stock. Piper Sandler restated an “overweight” rating and set a $500.00 price target on shares of Tesla in a research note on Thursday, January 8th. Mizuho upped their price objective on Tesla from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Tuesday, December 16th. Finally, China Renaissance raised their target price on Tesla from $349.00 to $380.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $410.20.