Image from MarketBeat Media, LLC. Key Points Paul R. Ried Financial Group opened a new position in Tesla by acquiring 644 shares in Q2, valued at about $205,000. Company insiders have been net sellers recently: SVP Xiaotong Zhu sold 20,000 shares (~$7.28M) and CFO Vaibhav Taneja sold 2,606 shares, with insiders selling 202,606 shares worth $75.6M in the last quarter. Tesla reported an EPS beat ($0.50 vs. $0.48) and revenue of $28.10B, has a market cap of ~$1.34T and a high PE ratio (~269.6), and the consensus analyst rating is a "Hold" with an average target of $393.61. Tesla Has Been Trapped in a 10% Range for Months—What’s Going On? Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in Tesla by 1.5% during the first quarter. Vanguard Group Inc. now owns 246,887,705 shares of the electric vehicle producer's stock worth $63,983,418,000 after buying an additional 3,694,524 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock worth $20,480,477,000 after acquiring an additional 1,269,304 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Tesla by 322.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer's stock worth $6,891,201,000 after acquiring an additional 20,291,139 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Tesla by 4.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 18,174,941 shares of the electric vehicle producer's stock valued at $4,710,218,000 after acquiring an additional 849,091 shares during the last quarter. Finally, Amundi grew its holdings in shares of Tesla by 29.4% in the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock valued at $4,482,789,000 after purchasing an additional 3,814,610 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds. Get Tesla alerts: