Image from MarketBeat Media, LLC. Key Points Vestmark Advisory Solutions cut its Tesla stake by 40.6% in Q3, selling 55,258 shares and now holds 80,985 shares worth $36.02 million, about 0.7% of its portfolio and its 24th-largest position. Significant insider selling has occurred recently: Director Kimbal Musk sold 56,820 shares for roughly $25.6M and CFO Vaibhav Taneja sold 2,637 shares, with insiders offloading 119,457 shares (~$53.5M) over the past 90 days (insiders own ~19.9%). Analysts are mixed: the consensus rating is a Hold with a $408.09 target, though firms range from Tigress’s Buy at $550 to several lowered targets amid demand and legal concerns. MarketBeat Week in Review – 02/16 - 02/20 Several other hedge funds also recently modified their holdings of TSLA. Relyea Zuckerberg Hanson LLC increased its holdings in Tesla by 0.4% during the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock valued at $2,916,000 after purchasing an additional 23 shares in the last quarter. Equita Financial Network Inc. grew its holdings in shares of Tesla by 2.8% during the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after purchasing an additional 23 shares during the last quarter. VanderPol Investments L.L.C. increased its stake in shares of Tesla by 2.2% in the third quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock valued at $464,000 after buying an additional 23 shares in the last quarter. Resonant Capital Advisors LLC raised its holdings in shares of Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock valued at $3,814,000 after buying an additional 23 shares during the last quarter. Finally, Cloud Capital Management LLC grew its holdings in Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock worth $923,000 after acquiring an additional 23 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: