Image from MarketBeat Media, LLC. Key Points Leelyn Smith LLC reduced its stake in Tesla by 40.5% in Q3, selling 4,411 shares and finishing the quarter with 6,490 shares valued at $2.886 million. Company insiders have been selling: Director James R. Murdoch sold 60,000 shares for $26.7 million and CFO Vaibhav Taneja sold 2,637 shares, with insiders offloading 119,457 shares (~$53.5M) in the last 90 days (insiders now own 19.90%). Analyst sentiment is mixed—18 Buys, 13 Holds and 8 Sells—yielding a MarketBeat consensus rating of Hold and a $410.77 target, while institutional investors own about 66.20% of the stock (Vanguard is the largest holder). MarketBeat Week in Review – 01/19 - 01/23 Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of 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 lifted its holdings in 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 worth $20,480,477,000 after buying an additional 1,269,304 shares during the period. Norges Bank bought a new stake in Tesla during the 2nd quarter valued at $11,839,824,000. Legal & General Group Plc increased its holdings in shares of Tesla by 5.9% in 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 during the period. Finally, Amundi raised its position in shares of Tesla by 20.4% in the 2nd 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 in the last quarter. 66.20% of the stock is currently owned by institutional investors. Get Tesla alerts: