Share on Stocktwits Allianz SE raised its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 3.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 105,959 shares of the electric vehicle producer’s stock after buying an additional 3,849 shares during the period. Tesla comprises approximately 0.8% of Allianz SE’s investment portfolio, making the stock its 23rd biggest position. Allianz SE’s holdings in Tesla were worth $33,659,000 as of its most recent SEC filing. Get Tesla alerts: Other large investors also recently made changes to their positions in the company. Chelsea Counsel Co. raised its holdings in shares of Tesla by 59.7% during the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock worth $28,000 after acquiring an additional 40 shares in the last quarter. LGT Financial Advisors LLC acquired a new position in Tesla in the 2nd quarter valued at approximately $29,000. Evergreen Private Wealth LLC raised its stake in shares of Tesla by 270.0% in the 2nd quarter. Evergreen Private Wealth LLC now owns 111 shares of the electric vehicle producer’s stock valued at $35,000 after buying an additional 81 shares in the last quarter. Glynn Capital Management LLC acquired a new position in Tesla during the second quarter worth $35,000. Finally, Pacific Center for Financial Services grew its position in Tesla by 44.7% during the 1st quarter. Pacific Center for Financial Services now owns 149 shares of the electric vehicle producer’s stock worth $39,000 after acquiring an additional 46 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Tesla Stock Down 2.1% Shares of NASDAQ TSLA opened at $430.60 on Thursday. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $488.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. The company has a 50-day moving average price of $427.33 and a 200-day moving average price of $359.18. The stock has a market capitalization of $1.43 trillion, a P/E ratio of 287.07, a P/E/G ratio of 16.84 and a beta of 2.06. Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company had revenue of $28.10 billion for the quarter, compared to analysts’ expectations of $24.98 billion. During the same quarter in the previous year, the firm earned $0.72 earnings per share. Tesla’s quarterly revenue was up 11.6% on a year-over-year basis. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Transactions at Tesla In related news, SVP Xiaotong Zhu sold 20,000 shares of Tesla stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $363.75, for a total value of $7,275,000.00. Following the completion of the sale, the senior vice president owned 47,600 shares of the company’s stock, valued at approximately $17,314,500. This trade represents a 29.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director James R. Murdoch sold 120,000 shares of Tesla stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the completion of the transaction, the director owned 697,031 shares of the company’s stock, valued at $244,162,988.99. This represents a 14.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 202,606 shares of company stock worth $75,588,902. 19.90% of the stock is owned by company insiders. Analysts Set New Price Targets TSLA has been the topic of several recent research reports. Robert W. Baird raised shares of Tesla from a “neutral” rating to an “outperform” rating and raised their target price for the company from $320.00 to $548.00 in a research note on Friday, September 19th. Piper Sandler boosted their price target on Tesla from $400.00 to $500.00 and gave the stock an “overweight” rating in a research report on Monday, September 22nd. Guggenheim reissued a “sell” rating and set a $175.00 target price on shares of Tesla in a report on Wednesday, July 23rd. Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Wednesday, October 22nd. Finally, Evercore ISI boosted their price target on Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and ten have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $391.08.