Image from MarketBeat Media, LLC. Key Points HighPoint Advisor Group LLC increased its stake in Tesla by 1.5% in Q3, buying 1,376 shares to hold 93,934 shares worth about $41.78 million, which represents roughly 2.0% of the firm's holdings and is its 7th-largest position. Analysts are divided on TSLA: the consensus is an average "Hold" with an average price target of $403.92, while targets range from Mizuho's $540 "outperform" to JPMorgan's $145 "underweight". Tesla beat quarterly EPS expectations ($0.50 vs. $0.45) with $24.90 billion in revenue (down 3.1% YoY), though the stock trades at a very high P/E (~376) and carries a $1.52 trillion market cap. Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid Other large investors have also modified their holdings of the company. Relyea Zuckerberg Hanson LLC increased its position in shares of Tesla by 0.4% during the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock worth $2,916,000 after purchasing an additional 23 shares in the last quarter. Equita Financial Network Inc. grew its stake in Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after buying an additional 23 shares during the last quarter. VanderPol Investments L.L.C. increased its position in Tesla by 2.2% during the third quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock worth $464,000 after buying an additional 23 shares during the period. Resonant Capital Advisors LLC boosted its holdings in shares of Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock valued at $3,814,000 after acquiring an additional 23 shares during the period. Finally, Cloud Capital Management LLC grew its position in shares of Tesla by 1.1% during the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock worth $923,000 after acquiring an additional 23 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: