Image from MarketBeat Media, LLC. Key Points Western Wealth Management LLC reduced its Tesla stake by 31.3% in Q3, selling 8,451 shares and now owning 18,543 shares worth about $8.25 million. Company insiders have been significant sellers: Kimbal Musk sold 56,820 shares (~$25.6M) and James R. Murdoch sold 60,000 shares (~$26.7M), with insiders offloading 119,457 shares totaling roughly $53.5 million in the past 90 days. Tesla beat quarterly EPS estimates ($0.50 vs. $0.45) but revenue fell 3.1% year‑over‑year, while the stock trades at a high P/E (~381) and carries a MarketBeat consensus "Hold" rating with a ~$404 price target. MarketBeat Week in Review – 02/02 - 02/06 Other institutional investors have also added to or reduced their stakes in the company. Legacy Financial Strategies LLC increased its holdings in shares of Tesla by 4.7% in the third quarter. Legacy Financial Strategies LLC now owns 4,060 shares of the electric vehicle producer's stock worth $1,806,000 after buying an additional 184 shares during the period. Crystal Rock Capital Management grew its position in Tesla by 17.6% during the 3rd quarter. Crystal Rock Capital Management now owns 3,675 shares of the electric vehicle producer's stock worth $1,634,000 after acquiring an additional 550 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in Tesla by 17.5% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 59,155 shares of the electric vehicle producer's stock worth $26,307,000 after purchasing an additional 8,804 shares during the period. Candriam S.C.A. lifted its position in Tesla by 19.8% in the third quarter. Candriam S.C.A. now owns 298,260 shares of the electric vehicle producer's stock valued at $132,642,000 after purchasing an additional 49,366 shares during the last quarter. Finally, Cardinal Point Capital Management ULC boosted its stake in shares of Tesla by 2.1% during 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 purchasing an additional 354 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: