Image from MarketBeat Media, LLC. Key Points GM Advisory Group LLC cut its Tesla stake by 33.9%, now holding 9,754 shares worth about $4.34 million. Several large institutions (e.g., Norges Bank, Vanguard, Holocene, Amundi, Jennison) materially adjusted positions—institutional ownership is ~66.2%—while insiders have sold 87,995 shares (~$38.3M) in the past 90 days, leaving insiders with ~19.9% ownership. Tesla confirmed a $4.3 billion deal with LG Energy Solution to build an LFP prismatic cell factory in Lansing to supply Megapack energy-storage systems, boosting U.S. battery sourcing for its energy business. Tesla’s Big China Sales Spike Didn’t Excite Investors—Here’s Why In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the company's stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the completion of the transaction, the director owned 19,669 shares of the company's stock, valued at approximately $8,173,649.64. This trade represents a 56.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 87,995 shares of company stock valued at $38,315,650 in the last ninety days. 19.90% of the stock is currently owned by insiders. Analyst Upgrades and Downgrades TSLA has been the topic of a number of recent analyst reports. President Capital decreased their target price on Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a research report on Friday, January 30th. Wells Fargo & Company dropped their target price on shares of Tesla from $130.00 to $125.00 and set an "underweight" rating for the company in a report on Thursday, January 29th. DZ Bank restated a "sell" rating on shares of Tesla in a research note on Thursday, January 29th. Mizuho set a $540.00 price target on shares of Tesla and gave the company an "outperform" rating in a report on Thursday, January 29th. Finally, William Blair reissued a "market perform" rating on shares of Tesla in a research note on Friday, January 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $406.84.