Image from MarketBeat Media, LLC. Key Points Sherman Asset Management increased its Tesla stake by 32.1% in the fourth quarter, ending with 5,241 shares valued at about $2.36 million. Insider selling continued, with director Kathleen Wilson-Thompson and CFO Vaibhav Taneja both selling shares; Tesla insiders sold 83,213 shares worth about $32.2 million over the last quarter. Wall Street remains divided on Tesla: analysts currently rate the stock a Hold on average, with a consensus price target of $395.20, while Tesla recently beat EPS estimates but missed revenue expectations for the quarter. How Bad Could Tesla’s Cybertruck Recall Be for Shares? Several other hedge funds and other institutional investors have also made changes to their positions in the company. VanderPol Investments L.L.C. raised 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 acquiring an additional 23 shares during the period. Resonant Capital Advisors LLC raised its stake 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 acquiring an additional 23 shares during the period. Cloud Capital Management LLC raised its stake in shares of Tesla by 1.1% in the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock valued at $923,000 after acquiring an additional 23 shares during the period. PFS Partners LLC raised its stake in shares of Tesla by 4.2% in the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer's stock valued at $265,000 after acquiring an additional 24 shares during the period. Finally, Monte Financial Group LLC raised its stake in shares of Tesla by 1.5% in the third quarter. Monte Financial Group LLC now owns 1,644 shares of the electric vehicle producer's stock valued at $731,000 after acquiring an additional 25 shares during the period. Hedge funds and other institutional investors own 66.20% of the company's stock. Get Tesla alerts: