Share on Stocktwits American Century Companies Inc. grew its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 0.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,099,686 shares of the electric vehicle producer’s stock after buying an additional 35,299 shares during the period. Tesla accounts for about 1.2% of American Century Companies Inc.’s holdings, making the stock its 9th biggest holding. American Century Companies Inc.’s holdings in Tesla were worth $2,255,288,000 as of its most recent filing with the Securities and Exchange Commission. Get Tesla alerts: Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its stake in shares of Tesla by 322.1% in the 1st 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 purchasing an additional 20,291,139 shares during the period. Nuveen LLC acquired a new position in shares of Tesla during the 1st quarter valued at $3,247,619,000. Kingstone Capital Partners Texas LLC raised its holdings in shares of 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 purchasing an additional 6,435,598 shares during the period. Vanguard Group Inc. raised its stake in Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after buying an additional 4,502,976 shares during the period. Finally, Amundi grew its stake in Tesla by 29.4% in the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer’s stock valued at $4,482,789,000 after acquiring an additional 3,814,610 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock. Insider Activity at Tesla In related news, Director James R. Murdoch sold 120,000 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the completion of the sale, the director directly owned 697,031 shares in the company, valued at $244,162,988.99. This represents a 14.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Xiaotong Zhu sold 20,000 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the sale, the senior vice president directly owned 47,600 shares in the company, valued at approximately $17,314,500. This trade represents a 29.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 202,606 shares of company stock valued at $75,588,902. Corporate insiders own 19.90% of the company’s stock. Tesla Stock Down 1.0% Shares of NASDAQ:TSLA opened at $391.09 on Friday. The firm has a fifty day moving average price of $433.55 and a two-hundred day moving average price of $364.93. The company has a market cap of $1.30 trillion, a price-to-earnings ratio of 260.73, a PEG ratio of 16.84 and a beta of 2.06. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. Tesla, Inc. has a one year low of $214.25 and a one year high of $488.54. Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm had revenue of $28.10 billion for the quarter, compared to analysts’ expectations of $24.98 billion. During the same quarter in the prior year, the firm posted $0.72 earnings per share. The business’s quarterly revenue was up 11.6% on a year-over-year basis. Analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Analysts Set New Price Targets Several equities research analysts have recently commented on the stock. Dbs Bank upgraded shares of Tesla to a “hold” rating in a report on Wednesday, November 5th. William Blair restated a “market perform” rating on shares of Tesla in a research note on Friday, September 5th. Robert W. Baird raised Tesla from a “neutral” rating to an “outperform” rating and upped their target price for the company from $320.00 to $548.00 in a report on Friday, September 19th. Melius started coverage on shares of Tesla in a report on Monday, October 13th. They issued a “buy” rating and a $520.00 price target on the stock. Finally, President Capital boosted their target price on shares of Tesla from $373.00 to $529.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have given a Hold rating and ten have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $394.31.