Image from MarketBeat Media, LLC. Cherry Creek Investment Advisors Inc. acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 727 shares of the electric vehicle producer's stock, valued at approximately $231,000. Get Tesla alerts: 3 Reasons Tesla Could Be a $500 Stock by the End of the Month A number of other hedge funds have also bought and sold shares of TSLA. Goldman Sachs Group Inc. increased its position in Tesla by 322.1% during the first quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer's stock valued at $6,891,201,000 after acquiring an additional 20,291,139 shares during the last quarter. Nuveen LLC bought a new position in Tesla during the first quarter valued at $3,247,619,000. Kingstone Capital Partners Texas LLC increased its position in Tesla by 581,880.5% during the second quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock valued at $2,044,683,000 after acquiring an additional 6,435,598 shares during the last quarter. Amundi grew its holdings in shares of Tesla by 29.4% in the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock worth $4,482,789,000 after purchasing an additional 3,814,610 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Tesla by 1.5% in the first quarter. Vanguard Group Inc. now owns 246,887,705 shares of the electric vehicle producer's stock worth $63,983,418,000 after purchasing an additional 3,694,524 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Wall Street Analyst Weigh In A number of research analysts have recently commented on TSLA shares. Benchmark restated a "buy" rating on shares of Tesla in a report on Thursday, October 23rd. CICC Research upped their price target on shares of Tesla from $360.00 to $450.00 and gave the stock an "outperform" rating in a report on Thursday, September 18th. Mizuho upped their price target on shares of Tesla from $450.00 to $485.00 and gave the stock an "outperform" rating in a report on Thursday, October 23rd. UBS Group set a $247.00 price target on shares of Tesla in a report on Monday, October 6th. Finally, Cantor Fitzgerald set a $510.00 price target on shares of Tesla and gave the stock an "overweight" rating in a report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have issued a Hold rating and eleven have given a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $391.08.