Image from MarketBeat Media, LLC. Key Points CFM Wealth Partners LLC cut its Tesla stake by 33.5% in Q3, selling 2,324 shares and finishing the quarter with 4,622 shares valued at about $2.06 million. Insiders — including directors James R. Murdoch (60,000 shares) and Kimbal Musk (56,820 shares) — have been selling, with 119,457 insider shares sold (~$53.5M) over the past 90 days; insiders now own 19.90% of Tesla. Large institutional moves (Norges Bank’s new ~$11.84 billion stake and Vanguard’s 251.39M shares) accompany mixed market sentiment and analyst views, with a consensus Hold rating and an average target of $410.77 while TSLA trades near $430.90 (market cap ≈ $1.43T). MarketBeat Week in Review – 01/19 - 01/23 Several other hedge funds have also made changes to their positions in TSLA. Norges Bank bought a new stake in Tesla in the second quarter valued at $11,839,824,000. Vanguard Group Inc. increased its holdings in shares of Tesla by 1.8% in 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 acquiring an additional 4,502,976 shares during the period. Amundi lifted its position 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 last quarter. Jennison Associates LLC boosted its stake in Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer's stock valued at $4,851,747,000 after purchasing an additional 3,021,550 shares during the period. Finally, Geode Capital Management LLC grew its position in Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock worth $20,480,477,000 after purchasing an additional 1,269,304 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: