Image from MarketBeat Media, LLC. EPG Wealth Management LLC lessened its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 64.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,045 shares of the electric vehicle producer's stock after selling 1,903 shares during the period. EPG Wealth Management LLC's holdings in Tesla were worth $332,000 at the end of the most recent reporting period. Get Tesla alerts: Amazon vs. Apple: Which Mag 7 Is the Better Buy? Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in shares of Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after purchasing an additional 9,293 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock valued at $2,147,000 after purchasing an additional 931 shares during the period. Bison Wealth LLC lifted its stake in shares of Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after purchasing an additional 3,558 shares during the period. Compass Wealth Management LLC lifted its stake in shares of Tesla by 360.0% in the first quarter. Compass Wealth Management LLC now owns 115 shares of the electric vehicle producer's stock valued at $30,000 after purchasing an additional 90 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Tesla by 4.7% in the first quarter. Envestnet Asset Management Inc. now owns 1,267,853 shares of the electric vehicle producer's stock valued at $328,577,000 after purchasing an additional 57,189 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock. Insider Activity at Tesla In related news, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $422.68, for a total value of $25,360,800.00. Following the completion of the sale, the director directly owned 637,031 shares in the company, valued at approximately $269,260,263.08. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,606 shares of the business'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 transaction of $918,302.28. Following the completion of the sale, the chief financial officer owned 9,856 shares of the company's stock, valued at approximately $3,473,057.28. The trade was a 20.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 202,606 shares of company stock worth $75,588,902. 19.90% of the stock is owned by company insiders. Analyst Upgrades and Downgrades