Image from MarketBeat Media, LLC. Key Points FUKOKU MUTUAL LIFE INSURANCE Co trimmed its Tesla stake by 7.3%, selling 881 shares and holding 11,140 shares valued at about $3.54 million per its SEC filing. Tesla insiders have been net sellers recently — including Director James R. Murdoch's sale of 60,000 shares and SVP Xiaotong Zhu's 20,000-share sale — with insiders offloading 202,606 shares (~$75.6M) in the past three months. Analysts are mixed but cautious: the consensus rating is "Hold" with an average price target of $394.31, while the stock trades near $404 and Tesla's market cap is about $1.34 trillion. Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop? A number of other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC lifted its position in Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of 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 acquiring an additional 931 shares during the last quarter. Bison Wealth LLC raised its holdings in shares of Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after acquiring an additional 3,558 shares in the last quarter. GW&K Investment Management LLC boosted its position in Tesla by 4.9% during the first quarter. GW&K Investment Management LLC now owns 1,702 shares of the electric vehicle producer's stock valued at $441,000 after purchasing an additional 80 shares during the last quarter. Finally, Obermeyer Wealth Partners grew its stake in Tesla by 6.6% in the first quarter. Obermeyer Wealth Partners now owns 1,353 shares of the electric vehicle producer's stock valued at $351,000 after purchasing an additional 84 shares in the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors. Get Tesla alerts: