Image from MarketBeat Media, LLC. Key Points Cherokee Insurance Co opened a new position in Tesla, buying 1,400 shares in Q2 valued at approximately $445,000. Significant insider selling occurred recently—Director James R. Murdoch sold 120,000 shares (~$42.0M) and insiders have sold a total of 202,606 shares worth about $75.6M over the past 90 days. Tesla reported an earnings beat (EPS $0.50 vs. $0.48 estimate) with revenue of $28.10B (+11.6% YoY), while the stock carries a market cap of $1.43T and an average analyst rating of "Hold" with a $391.08 target. Tesla Has Been Trapped in a 10% Range for Months—What’s Going On? Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in 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 last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after buying an additional 931 shares during the last quarter. Bison Wealth LLC raised its holdings in shares of Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after purchasing an additional 3,558 shares during the period. Edgestream Partners L.P. lifted its position in Tesla by 43.0% during the first quarter. Edgestream Partners L.P. now owns 14,107 shares of the electric vehicle producer's stock valued at $3,656,000 after buying an additional 4,242 shares in the last quarter. Finally, Tectonic Advisors LLC increased its holdings in Tesla by 23.6% in the 1st quarter. Tectonic Advisors LLC now owns 786 shares of the electric vehicle producer's stock valued at $204,000 after purchasing an additional 150 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: