Share on Stocktwits D Orazio & Associates Inc. increased its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 23.5% in the third quarter, Holdings Channel.com reports. The fund owned 7,291 shares of the electric vehicle producer’s stock after purchasing an additional 1,388 shares during the period. Tesla comprises about 0.4% of D Orazio & Associates Inc.’s holdings, making the stock its 28th biggest position. D Orazio & Associates Inc.’s holdings in Tesla were worth $3,242,000 at the end of the most recent quarter. Get Tesla alerts: A number of other institutional investors and hedge funds also recently bought and sold shares of TSLA. Manning & Napier Advisors LLC bought a new stake in shares of Tesla in the third quarter worth about $29,000. Westend Capital Management LLC purchased a new position in Tesla during the 3rd quarter valued at approximately $32,000. Chapman Financial Group LLC bought a new stake in Tesla in the 2nd quarter worth approximately $26,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla during the 2nd quarter worth approximately $30,000. Finally, ESL Trust Services LLC boosted its position in shares of Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after acquiring an additional 95 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors. Insider Activity In other news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 119,457 shares of company stock valued at $53,501,145. 19.90% of the stock is currently owned by company insiders. More Tesla News