Key Points DZ Bank has reiterated a sell rating for Tesla (NASDAQ:TSLA) in a recent research note released to investors. The current consensus rating for Tesla is Hold, with a consensus target price of $375.50 based on recommendations from multiple brokerages. Tesla's stock saw a notable increase on Thursday, trading up $10.01 to reach $448.98, with a market capitalization of $1.49 trillion. Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic? In related news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $352.38, for a total value of $918,302.28. Following the sale, the chief financial officer directly owned 9,856 shares of the company's stock, valued at approximately $3,473,057.28. This trade represents a 20.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Xiaotong Zhu sold 20,000 shares of the firm's stock in a transaction that occurred 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 $17,314,500. This represents a 29.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 202,606 shares of company stock valued at $75,588,902. Insiders own 19.90% of the company's stock. Institutional Trading of Tesla A number of hedge funds have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Tesla during the second quarter worth approximately $11,839,824,000. Goldman Sachs Group Inc. boosted its holdings in Tesla by 322.1% in the first 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 period. Nuveen LLC acquired a new position in Tesla in the first quarter worth $3,247,619,000. Kingstone Capital Partners Texas LLC boosted its holdings in Tesla by 581,880.5% in 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 purchasing an additional 6,435,598 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Tesla by 1.8% during the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock valued at $79,856,764,000 after acquiring an additional 4,502,976 shares during the period. Hedge funds and other institutional investors own 66.20% of the company's stock. About Tesla