Image from MarketBeat Media, LLC. Key Points Nomura Asset Management boosted its position in Tesla by 47,674 shares (a 4.2% increase), bringing its total to 1,176,071 shares worth about $373.6 million and making TSLA its 10th-largest holding. Significant insider selling has occurred recently: Director James R. Murdoch sold 120,000 shares (~$42.0 million) and CFO Vaibhav Taneja sold 2,606 shares, with insiders offloading 202,606 shares worth ~$75.6 million over the past three months. Tesla recently beat quarterly estimates (EPS $0.50 vs. $0.48; revenue $28.10B vs. $24.98B) but still trades at a high valuation (market cap ~$1.34 trillion, P/E ~270) and carries a MarketBeat consensus rating of Hold with an average price target of ~$394.31. These 3 Beaten-Down Stocks Could Be Your Best Buying Opportunity This Quarter A number of other hedge funds and other institutional investors have also modified their holdings of TSLA. Brighton Jones LLC boosted its holdings in shares of 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 acquiring an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after purchasing an additional 931 shares during the period. Bison Wealth LLC boosted its stake in Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after purchasing an additional 3,558 shares in the last quarter. AMG National Trust Bank increased its position in shares of Tesla by 11.8% during the 1st quarter. AMG National Trust Bank now owns 4,671 shares of the electric vehicle producer's stock valued at $1,211,000 after purchasing an additional 493 shares during the period. Finally, FAS Wealth Partners Inc. raised its stake in shares of Tesla by 22.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 5,031 shares of the electric vehicle producer's stock worth $1,304,000 after buying an additional 911 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors. Get Tesla alerts: