Key Points BNP Paribas Exane initiated coverage on Tesla (NASDAQ:TSLA) with an "underperform" rating and a price target of $307.00, indicating a potential downside of 29.45% from its last close. Other analysts have mixed views: TD Cowen raised their price target to $509.00 with a "buy" rating, while Benchmark also reiterated a "buy" rating with a target of $475.00. Tesla's stock has experienced significant fluctuations, with a 12-month low of $212.11 and a high of $488.54, while analysts forecast an earnings per share of 2.56 for the current fiscal year. MarketBeat Week in Review – 09/29 - 10/03 In related news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $352.38, for a total transaction of $918,302.28. Following the completion of the sale, the chief financial officer directly owned 9,856 shares of the company's stock, valued at approximately $3,473,057.28. This represents a 20.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Xiaotong Zhu sold 20,000 shares of the company's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the transaction, the senior vice president directly owned 47,600 shares of the company's stock, valued at approximately $17,314,500. The trade was a 29.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 202,606 shares of company stock valued at $75,588,902. Company insiders own 19.90% of the company's stock. Hedge Funds Weigh In On Tesla A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Chapman Financial Group LLC bought a new position in shares of Tesla during the second quarter worth about $26,000. LGT Financial Advisors LLC bought a new position in shares of Tesla during the second quarter worth about $29,000. Cherry Tree Wealth Management LLC lifted its position in shares of Tesla by 86.3% during the first quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer's stock worth $25,000 after purchasing an additional 44 shares during the last quarter. First PREMIER Bank lifted its position in shares of Tesla by 79.2% during the first quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer's stock worth $25,000 after purchasing an additional 42 shares during the last quarter. Finally, CoreFirst Bank & Trust bought a new position in shares of Tesla during the second quarter worth about $30,000. 66.20% of the stock is owned by hedge funds and other institutional investors. Tesla Company Profile