Share on Stocktwits Apex Wealth Management LLC grew its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 2.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,903 shares of the electric vehicle producer’s stock after buying an additional 247 shares during the quarter. Tesla accounts for 3.3% of Apex Wealth Management LLC’s holdings, making the stock its 11th largest holding. Apex Wealth Management LLC’s holdings in Tesla were worth $4,099,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. First Merchants Corp boosted its stake in shares of Tesla by 1.3% in the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer’s stock valued at $767,000 after purchasing an additional 31 shares during the period. Alaska Wealth Advisors lifted its holdings in Tesla by 3.4% during the 2nd quarter. Alaska Wealth Advisors now owns 985 shares of the electric vehicle producer’s stock worth $313,000 after buying an additional 32 shares in the last quarter. KWB Wealth boosted its position in Tesla by 2.4% in the 2nd quarter. KWB Wealth now owns 1,381 shares of the electric vehicle producer’s stock valued at $439,000 after buying an additional 33 shares during the period. Conrad Siegel Investment Advisors Inc. grew its stake in shares of Tesla by 3.6% in the second quarter. Conrad Siegel Investment Advisors Inc. now owns 976 shares of the electric vehicle producer’s stock worth $310,000 after acquiring an additional 34 shares in the last quarter. Finally, Guyasuta Investment Advisors Inc. boosted its stake 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 valued at $1,622,000 after buying an additional 34 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes Several equities research analysts recently weighed in on the company. TD Cowen boosted their target price on Tesla from $374.00 to $509.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Morgan Stanley reaffirmed an “overweight” rating on shares of Tesla in a report on Wednesday, October 15th. BNP Paribas Exane initiated coverage on Tesla in a research note on Thursday, October 16th. They set an “underperform” rating and a $307.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Tesla from $440.00 to $470.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Finally, Piper Sandler lifted their price objective on Tesla from $400.00 to $500.00 and gave the stock an “overweight” rating in a research report on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and eleven have issued a Sell rating to the company’s stock. According to MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus price target of $391.08.