Image from MarketBeat Media, LLC. Key Points Generali Investments Management boosted its Tesla stake by 55.6%, adding 5,401 shares to hold 15,110 shares worth about $4.79 million, making TSLA ~1.1% of the firm's holdings and its 19th-largest position. Significant insider selling occurred recently: CFO Vaibhav Taneja sold 2,606 shares (~$918k) and SVP Xiaotong Zhu sold 20,000 shares (~$7.28M); insiders have sold 202,606 shares (~$75.6M) in the past 90 days and now own 19.9% of the stock. Tesla beat quarterly EPS estimates ($0.50 vs. $0.48) with $28.1B in revenue, has a $1.34 trillion market cap, and carries a MarketBeat consensus rating of Hold with an average price target of $393.61. Tesla Has Been Trapped in a 10% Range for Months—What’s Going On? Several other large investors have also recently made changes to their positions in the business. First Merchants Corp boosted its holdings in shares of Tesla by 1.3% in 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 last quarter. Alaska Wealth Advisors raised its position in Tesla by 3.4% in the second quarter. Alaska Wealth Advisors now owns 985 shares of the electric vehicle producer's stock worth $313,000 after acquiring an additional 32 shares during the period. KWB Wealth boosted its stake in Tesla by 2.4% in the second 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. grew its position in shares of Tesla by 3.6% during the 2nd quarter. Conrad Siegel Investment Advisors Inc. now owns 976 shares of the electric vehicle producer's stock valued at $310,000 after acquiring an additional 34 shares during the period. Finally, Guyasuta Investment Advisors Inc. increased its stake in shares of Tesla by 0.7% during 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 hedge funds and other institutional investors. Get Tesla alerts: