Key Points Brian Low Financial Group LLC has acquired a new stake in Tesla, Inc., purchasing 1,416 shares valued at approximately $450,000 in the second quarter. Tesla's CFO and a director both recently sold significant amounts of stock, with the CFO selling 2,606 shares and the director selling 120,000 shares, reducing their ownership stakes. Several analysts have updated their ratings and price targets for Tesla, with HSBC increasing their target to $127.00 and Truist Financial raising theirs to $406.00, indicating continued interest in the stock. MarketBeat Week in Review – 10/20 - 10/24 Other hedge funds have also recently bought and sold shares of the company. First Merchants Corp grew its position in shares of Tesla by 1.3% during the 2nd quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer's stock worth $767,000 after buying an additional 31 shares during the period. Alaska Wealth Advisors boosted its stake in Tesla by 3.4% in the second quarter. Alaska Wealth Advisors now owns 985 shares of the electric vehicle producer's stock valued at $313,000 after acquiring an additional 32 shares during the last quarter. KWB Wealth raised its position in shares of Tesla by 2.4% during the 2nd quarter. KWB Wealth now owns 1,381 shares of the electric vehicle producer's stock valued at $439,000 after acquiring an additional 33 shares during the last quarter. Conrad Siegel Investment Advisors Inc. lifted its stake in shares of Tesla by 3.6% in the 2nd quarter. Conrad Siegel Investment Advisors Inc. now owns 976 shares of the electric vehicle producer's stock valued at $310,000 after purchasing an additional 34 shares during the period. Finally, Guyasuta Investment Advisors Inc. boosted its position in shares of Tesla by 0.7% in the 2nd quarter. Guyasuta Investment Advisors Inc. now owns 5,107 shares of the electric vehicle producer's stock worth $1,622,000 after purchasing an additional 34 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: