Share on Stocktwits Wealthfront Advisers LLC grew its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 3.9% during the 3rd quarter, Holdings Channel reports. The firm owned 394,126 shares of the electric vehicle producer’s stock after purchasing an additional 14,864 shares during the period. Wealthfront Advisers LLC’s holdings in Tesla were worth $175,276,000 at the end of the most recent reporting period. Get Tesla alerts: Several other institutional investors have also modified their holdings of the company. Gallagher Capital Advisors LLC grew its stake in shares of Tesla by 9.3% in the 3rd quarter. Gallagher Capital Advisors LLC now owns 1,178 shares of the electric vehicle producer’s stock worth $553,000 after purchasing an additional 100 shares during the last quarter. Mandatum Life Insurance Co Ltd boosted its holdings in Tesla by 24.3% during the third quarter. Mandatum Life Insurance Co Ltd now owns 3,653 shares of the electric vehicle producer’s stock worth $1,625,000 after buying an additional 713 shares in the last quarter. Integrity Financial Corp WA grew its position in Tesla by 3.2% in the third quarter. Integrity Financial Corp WA now owns 5,164 shares of the electric vehicle producer’s stock worth $2,297,000 after buying an additional 161 shares during the last quarter. Means Investment CO. Inc. increased its holdings in shares of Tesla by 0.5% in the third quarter. Means Investment CO. Inc. now owns 26,595 shares of the electric vehicle producer’s stock valued at $11,827,000 after buying an additional 143 shares in the last quarter. Finally, Arista Wealth Management LLC lifted its position in shares of Tesla by 2.2% during the 3rd quarter. Arista Wealth Management LLC now owns 2,703 shares of the electric vehicle producer’s stock valued at $1,202,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Wall Street Analyst Weigh In TSLA has been the topic of several recent analyst reports. China Renaissance boosted their price objective on Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Cantor Fitzgerald restated an “overweight” rating and set a $510.00 price target on shares of Tesla in a report on Thursday, January 29th. Benchmark reaffirmed a “buy” rating on shares of Tesla in a research note on Thursday, October 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Finally, Morgan Stanley set a $415.00 target price on Tesla and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and an average price target of $403.92.