Image from MarketBeat Media, LLC. Key Points Johnson Investment Counsel boosted its Tesla stake by 2.0% in Q3 to 142,462 shares (added 2,771) valued at about $63.36 million at quarter-end. Other large institutions — including Vanguard, Geode, Norges Bank and Legal & General — also increased or initiated sizable TSLA positions, leaving institutional ownership around 66.2%. Analysts are mixed: Tesla's consensus rating is Hold with an average price target of $403.92; the company recently beat EPS and revenue estimates but carries a very high valuation (P/E ≈386) and faces insider selling, executive turnover, and rising competition risks. MarketBeat Week in Review – 02/02 - 02/06 Several other hedge funds also recently made changes to their positions in TSLA. Vanguard Group Inc. raised its holdings in shares of Tesla by 1.8% during the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares during the period. Geode Capital Management LLC grew its position in shares of Tesla by 2.0% during the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock valued at $20,480,477,000 after buying an additional 1,269,304 shares during the last quarter. Norges Bank acquired a new stake in Tesla during the second quarter worth about $11,839,824,000. Legal & General Group Plc lifted its holdings in Tesla by 5.9% in the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer's stock worth $6,424,705,000 after acquiring an additional 1,134,678 shares during the last quarter. Finally, Amundi grew its holdings in shares of Tesla by 20.4% during the second 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. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: