Key Points Chokshi & Queen Wealth Advisors Inc increased its holding in Tesla, Inc. by 6.7% during Q2, owning 11,817 shares now valued at approximately $3.75 million. Insider activity saw James R. Murdoch selling 60,000 shares for over $25 million, reducing his ownership by 8.61%. Analysts have set a consensus rating of "Hold" for Tesla, with an average target price of $363.54, despite varied ratings ranging from "Strong Buy" to "Sell." Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Arcadia Investment Management Corp MI bought a new position in shares of Tesla during the 1st quarter worth approximately $27,000. Chelsea Counsel Co. boosted its holdings in shares of Tesla by 59.7% during the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock worth $28,000 after buying an additional 40 shares in the last quarter. Centennial Bank AR boosted its holdings in shares of Tesla by 833.3% during the 1st quarter. Centennial Bank AR now owns 112 shares of the electric vehicle producer's stock worth $29,000 after buying an additional 100 shares in the last quarter. LGT Financial Advisors LLC bought a new position in shares of Tesla during the 2nd quarter worth approximately $29,000. Finally, Compass Wealth Management LLC boosted its holdings in shares of Tesla by 360.0% during the 1st quarter. Compass Wealth Management LLC now owns 115 shares of the electric vehicle producer's stock worth $30,000 after buying an additional 90 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: