Share on Stocktwits BAM Wealth Management LLC acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,400 shares of the electric vehicle producer’s stock, valued at approximately $623,000. Get Tesla alerts: Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Manning & Napier Advisors LLC bought a new position in Tesla in the 3rd quarter valued at approximately $29,000. Westend Capital Management LLC purchased a new position in shares of Tesla in the third quarter worth $32,000. Chapman Financial Group LLC bought a new position in shares of Tesla during the second quarter valued at $26,000. LGT Financial Advisors LLC purchased a new stake in shares of Tesla during the second quarter valued at $29,000. Finally, CoreFirst Bank & Trust bought a new stake in Tesla in the 2nd quarter worth about $30,000. Institutional investors own 66.20% of the company’s stock. Tesla Stock Down 0.1% NASDAQ TSLA opened at $449.06 on Monday. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The stock has a market cap of $1.49 trillion, a PE ratio of 299.37, a P/E/G ratio of 7.63 and a beta of 1.83. The stock’s 50 day moving average is $444.81 and its 200 day moving average is $404.75. Insider Transactions at Tesla In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. The trade was a 16.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the firm’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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 119,457 shares of company stock valued at $53,501,145. 19.90% of the stock is currently owned by corporate insiders. Key Tesla News