Image from MarketBeat Media, LLC. Key Points Northwestern Mutual Wealth Management raised its Tesla stake by 6.5%, buying 17,353 shares to hold 284,641 shares worth about $90.4 million at quarter-end. Several large institutions — including Goldman Sachs, Nuveen, Kingstone and Vanguard — made sizable purchases, leaving institutional ownership at 66.20% and adding billions in Tesla shares across recent quarters. Company insiders were net sellers this quarter (82,606 shares sold, notably Director James R. Murdoch's 60,000-share sale), while analysts' consensus is a "Hold" with a $394.03 average price target. Tesla Just Got Called a “Must Own” Stock—Here’s Why Several other hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in shares of Tesla by 322.1% in the first 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. Nuveen LLC purchased a new position in Tesla in the 1st quarter worth approximately $3,247,619,000. Kingstone Capital Partners Texas LLC boosted its stake in Tesla by 581,880.5% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock worth $2,044,683,000 after purchasing an additional 6,435,598 shares during the period. Vanguard Group Inc. grew its holdings in Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock valued at $79,856,764,000 after buying an additional 4,502,976 shares in the last quarter. Finally, Amundi raised its position in shares of Tesla by 29.4% during the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock valued at $4,482,789,000 after buying an additional 3,814,610 shares during the last quarter. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: