Key Points Quotient Wealth Partners LLC increased its stake in Tesla by 24.9%, owning 13,469 shares valued at approximately $4.27 million after adding 2,684 shares in the second quarter. Despite recent insider sales totaling $75.6 million, with notable sales from SVP Xiaotong Zhu and CFO Vaibhav Taneja, insiders still hold 19.90% of the company stock. Tesla's stock recently saw a 2.5% increase, with its market cap at $1.46 trillion and a P/E ratio of 253.94, while its quarterly revenue decreased 11.8% year-over-year. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? A number of other institutional investors have also recently added to or reduced their stakes in the stock. First PREMIER Bank increased its holdings in shares of Tesla by 79.2% in the 1st quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock worth $25,000 after acquiring an additional 42 shares during the period. Arcadia Investment Management Corp MI bought a new position in Tesla in the 1st quarter worth about $27,000. Chelsea Counsel Co. increased its stake in shares of Tesla by 59.7% in the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 40 shares during the period. Evergreen Private Wealth LLC raised its holdings in shares of Tesla by 270.0% during the second quarter. Evergreen Private Wealth LLC now owns 111 shares of the electric vehicle producer's stock valued at $35,000 after buying an additional 81 shares during the last quarter. Finally, Centennial Bank AR boosted its position in shares of Tesla by 833.3% during the first quarter. Centennial Bank AR now owns 112 shares of the electric vehicle producer's stock worth $29,000 after buying an additional 100 shares during the period. 66.20% of the stock is currently owned by institutional investors. Get Tesla alerts: