Share on Stocktwits Acorns Advisers LLC lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 14.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,844 shares of the electric vehicle producer’s stock after purchasing an additional 3,501 shares during the period. Tesla comprises approximately 0.1% of Acorns Advisers LLC’s portfolio, making the stock its 24th largest position. Acorns Advisers LLC’s holdings in Tesla were worth $8,845,000 at the end of the most recent quarter. Get Tesla alerts: Several other large investors have also recently bought and sold shares of TSLA. Holos Integrated Wealth LLC boosted its position in shares of Tesla by 10.8% during the 2nd quarter. Holos Integrated Wealth LLC now owns 309 shares of the electric vehicle producer’s stock worth $102,000 after acquiring an additional 30 shares in the last quarter. First Merchants Corp raised its position in shares of Tesla by 1.3% during the 2nd quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer’s stock worth $767,000 after acquiring an additional 31 shares in the last quarter. Kaye Capital Management lifted its stake in Tesla by 3.1% during the second quarter. Kaye Capital Management now owns 1,047 shares of the electric vehicle producer’s stock worth $333,000 after purchasing an additional 31 shares during the last quarter. Spectrum Wealth Advisory Group LLC boosted its holdings in Tesla by 3.4% in the second quarter. Spectrum Wealth Advisory Group LLC now owns 941 shares of the electric vehicle producer’s stock valued at $299,000 after purchasing an additional 31 shares in the last quarter. Finally, Wambolt & Associates LLC increased its stake in Tesla by 1.0% in the second quarter. Wambolt & Associates LLC now owns 3,119 shares of the electric vehicle producer’s stock valued at $938,000 after purchasing an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Wall Street Analyst Weigh In TSLA has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Tesla from $440.00 to $470.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Cowen reissued a “buy” rating on shares of Tesla in a research report on Monday, November 17th. Stifel Nicolaus raised their price objective on Tesla from $483.00 to $508.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Dbs Bank upgraded Tesla to a “hold” rating in a research report on Wednesday, November 5th. Finally, Baird R W raised Tesla from a “hold” rating to a “strong-buy” rating in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and nine have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $398.92.