Link copied to clipboard. Sterling Financial Planning Inc. bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 738 shares of the electric vehicle producer's stock, valued at approximately $234,000. Get Tesla alerts: Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? Several other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. increased its stake in shares of Tesla by 322.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer's stock worth $6,891,201,000 after purchasing an additional 20,291,139 shares during the last quarter. Nuveen LLC acquired a new position in Tesla during the first quarter worth approximately $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 worth $2,044,683,000 after buying an additional 6,435,598 shares during the last quarter. Amundi increased its position in Tesla by 29.4% during the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock worth $4,482,789,000 after buying an additional 3,814,610 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Tesla by 1.5% during 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 buying an additional 3,694,524 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Tesla from $345.00 to $435.00 and gave the stock a "buy" rating in a report on Friday, September 26th. Evercore ISI upped their price objective on shares of Tesla from $235.00 to $300.00 and gave the company an "in-line" rating in a report on Monday. China Renaissance reiterated a "hold" rating and issued a $349.00 price target on shares of Tesla in a research note on Friday, July 25th. Melius Research set a $520.00 price target on shares of Tesla and gave the company a "buy" rating in a research note on Monday. Finally, Benchmark reiterated a "buy" rating and issued a $475.00 price target (up previously from $350.00) on shares of Tesla in a research note on Thursday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have given a Hold rating and eight have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $363.03.