Share on Stocktwits Savant Capital LLC boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 22.2% in the third quarter, HoldingsChannel reports. The fund owned 56,842 shares of the electric vehicle producer’s stock after acquiring an additional 10,312 shares during the period. Savant Capital LLC’s holdings in Tesla were worth $25,279,000 as of its most recent SEC filing. Get Tesla alerts: A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Relyea Zuckerberg Hanson LLC raised its stake in Tesla by 0.4% during the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock valued at $2,916,000 after buying an additional 23 shares during the last quarter. Equita Financial Network Inc. increased its holdings in shares of Tesla by 2.8% during the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock valued at $380,000 after acquiring an additional 23 shares in the last quarter. VanderPol Investments L.L.C. raised its position in shares of Tesla by 2.2% in the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock worth $464,000 after purchasing an additional 23 shares during the last quarter. Resonant Capital Advisors LLC boosted its stake in Tesla by 0.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock worth $3,814,000 after purchasing an additional 23 shares in the last quarter. Finally, Cloud Capital Management LLC grew its position in Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock valued at $923,000 after purchasing an additional 23 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Tesla Price Performance NASDAQ TSLA opened at $421.96 on Wednesday. The company has a 50-day moving average price of $447.83 and a 200-day moving average price of $410.15. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $1.58 trillion, a P/E ratio of 390.70, a PEG ratio of 7.76 and a beta of 1.86. Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same period in the previous year, the business posted $0.73 earnings per share. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. Equities research analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Activity In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 119,457 shares of company stock valued at $53,501,145 in the last 90 days. Company insiders own 19.90% of the company’s stock. Analyst Ratings Changes Several research analysts have issued reports on TSLA shares. Bank of America lifted their target price on shares of Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Truist Financial lowered their price objective on Tesla from $439.00 to $438.00 and set a “hold” rating on the stock in a research report on Thursday, January 29th. BNP Paribas Exane lifted their target price on Tesla from $307.00 to $313.00 in a report on Monday, December 1st. Evercore ISI upped their price target on Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Finally, President Capital dropped their price objective on Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $403.92.