Image from MarketBeat Media, LLC. Key Points New York Life Investment Management trimmed its Tesla (TSLA) stake by 2.5% in Q3, selling 10,619 shares and leaving 409,457 shares valued at about $182.1 million (Tesla is ~1.6% of its holdings and its 11th-largest position). Institutional ownership of TSLA is high at 66.2%, while insiders have been net sellers — 119,457 shares (~$53.5M) sold in the last three months, including Kimbal Musk and CFO Vaibhav Taneja. Analyst sentiment is mixed with a consensus rating of "Hold" and a $403.92 target; Tesla recently beat EPS estimates ($0.50 vs. $0.45) but revenue fell 3.1% YoY and the stock carries a lofty P/E (~381), leaving valuation and competition as key risks. MarketBeat Week in Review – 02/02 - 02/06 Several other institutional investors have also added to or reduced their stakes in the stock. Cardinal Point Capital Management ULC boosted its holdings in Tesla by 2.1% in the third quarter. Cardinal Point Capital Management ULC now owns 17,379 shares of the electric vehicle producer's stock valued at $7,585,000 after acquiring an additional 354 shares during the last quarter. RFG Advisory LLC lifted its position in shares of Tesla by 21.7% in the 3rd quarter. RFG Advisory LLC now owns 19,209 shares of the electric vehicle producer's stock worth $8,543,000 after purchasing an additional 3,422 shares during the period. Gateway Wealth Partners LLC boosted its stake in shares of Tesla by 10.8% in the 3rd quarter. Gateway Wealth Partners LLC now owns 5,231 shares of the electric vehicle producer's stock valued at $2,326,000 after purchasing an additional 508 shares during the last quarter. Lantz Financial LLC raised its stake in Tesla by 11.8% during the third quarter. Lantz Financial LLC now owns 1,994 shares of the electric vehicle producer's stock worth $887,000 after buying an additional 210 shares during the last quarter. Finally, Fielder Capital Group LLC lifted its holdings in Tesla by 2.9% in the third quarter. Fielder Capital Group LLC now owns 2,462 shares of the electric vehicle producer's stock valued at $1,095,000 after buying an additional 69 shares during the period. 66.20% of the stock is currently owned by institutional investors. Get Tesla alerts: