Key Points TLW Wealth Management LLC recently increased its position in Tesla, Inc. by 3.8%, holding 15,864 shares, valued at approximately $5.04 million. Wall Street analysts have mixed views on Tesla, with estimates ranging from a $150 target by JPMorgan to a $548 price objective by Robert W. Baird, while many analysts maintain a Hold rating. Insider trading activity saw Tesla's SVP and CFO selling significant shares, with SVP Xiaotong Zhu selling 20,000 shares for $7.27 million, indicating a decrease in their respective ownership stakes. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TSLA. First Merchants Corp lifted its holdings in Tesla by 1.3% in the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer's stock valued at $767,000 after buying an additional 31 shares during the period. Alaska Wealth Advisors lifted its stake in shares of Tesla by 3.4% in the 2nd quarter. Alaska Wealth Advisors now owns 985 shares of the electric vehicle producer's stock valued at $313,000 after purchasing an additional 32 shares during the period. KWB Wealth boosted its position in shares of Tesla by 2.4% in the 2nd quarter. KWB Wealth now owns 1,381 shares of the electric vehicle producer's stock worth $439,000 after purchasing an additional 33 shares during the last quarter. Conrad Siegel Investment Advisors Inc. grew its stake in shares of Tesla by 3.6% during the second quarter. Conrad Siegel Investment Advisors Inc. now owns 976 shares of the electric vehicle producer's stock worth $310,000 after purchasing an additional 34 shares during the period. Finally, Guyasuta Investment Advisors Inc. increased its holdings in Tesla by 0.7% in the second quarter. Guyasuta Investment Advisors Inc. now owns 5,107 shares of the electric vehicle producer's stock valued at $1,622,000 after purchasing an additional 34 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Get Tesla alerts: