Image from MarketBeat Media, LLC. Key Points Mizuho Securities cut its Tesla stake by 25.9% in Q2, selling 1,040 shares and ending the period with 2,970 shares worth about $943,000, making Tesla its 10th-largest holding (3.4% of the portfolio). Significant insider selling has occurred recently: CFO Vaibhav Taneja sold 2,606 shares and Director James R. Murdoch sold 60,000 shares, with insiders selling a total of 202,606 shares (~$75.6M) over the last three months while still owning 19.90% of the company. Tesla beat consensus in its most recent quarter with $0.50 EPS vs. $0.48 expected and revenue of $28.10B (up 11.6% YoY); analysts' consensus rating is "Hold" with a target price of $394.31. Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop? A number of other large investors also recently modified their holdings of the company. NFP Retirement Inc. increased its position in Tesla by 31.0% during the 2nd quarter. NFP Retirement Inc. now owns 5,777 shares of the electric vehicle producer's stock worth $1,835,000 after purchasing an additional 1,366 shares in the last quarter. GDS Wealth Management increased its position in shares of Tesla by 48.6% in the second quarter. GDS Wealth Management now owns 2,209 shares of the electric vehicle producer's stock worth $702,000 after acquiring an additional 722 shares in the last quarter. Real Talk Capital LLC acquired a new position in shares of Tesla during the 2nd quarter valued at $437,000. Empirical Finance LLC boosted its position in Tesla by 0.7% during the 2nd quarter. Empirical Finance LLC now owns 82,363 shares of the electric vehicle producer's stock worth $26,163,000 after purchasing an additional 576 shares during the period. Finally, Nicholas Wealth LLC. increased its holdings in Tesla by 1.9% in the 2nd quarter. Nicholas Wealth LLC. now owns 15,787 shares of the electric vehicle producer's stock valued at $5,015,000 after purchasing an additional 300 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: