Image from MarketBeat Media, LLC. Key Points Bedell Frazier Investment Counselling LLC raised its Tesla stake by 935.1% in Q3, buying 16,326 shares to own 18,072 shares worth about $8.04 million, representing ~1.7% of its portfolio and its 21st largest position. Corporate insiders have been net sellers recently — CFO Vaibhav Taneja sold 2,637 shares and director James R. Murdoch sold 60,000 shares, with insiders offloading 145,188 shares worth $64.19 million in the past three months while still owning 19.90% of the company. Institutional ownership is high at 66.20%; analysts give a consensus "Hold" with an average target of $408.09, and Tesla recently beat EPS estimates ($0.50 vs. $0.45) despite revenue down 3.1% YoY, with the stock trading near $402.51 and a P/E of 372.69. MarketBeat Week in Review – 02/23 - 02/27 Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its position in Tesla by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer's stock worth $112,241,237,000 after purchasing an additional 995,623 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Tesla by 2.0% during the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock worth $20,480,477,000 after buying an additional 1,269,304 shares during the period. Norges Bank purchased a new position in shares of Tesla during the second quarter worth about $11,839,824,000. Legal & General Group Plc increased its position in Tesla by 5.9% in the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer's stock valued at $6,424,705,000 after acquiring an additional 1,134,678 shares during the period. Finally, Amundi increased its position in Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock valued at $6,374,284,000 after acquiring an additional 3,422,270 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: