Share on Stocktwits 1832 Asset Management L.P. reduced its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 67.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,739 shares of the electric vehicle producer’s stock after selling 18,195 shares during the period. 1832 Asset Management L.P.’s holdings in Tesla were worth $2,776,000 at the end of the most recent quarter. Get Tesla alerts: Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TSLA. Holos Integrated Wealth LLC increased its holdings in 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 purchasing an additional 30 shares during the period. First Merchants Corp grew its position in shares of Tesla by 1.3% during the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer’s stock worth $767,000 after buying an additional 31 shares in the last quarter. Kaye Capital Management increased its stake in shares of 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 buying an additional 31 shares during the period. Spectrum Wealth Advisory Group LLC raised 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 acquiring an additional 31 shares in the last quarter. Finally, Wambolt & Associates LLC lifted 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 worth $938,000 after acquiring an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Analyst Ratings Changes A number of equities research analysts have commented on TSLA shares. JPMorgan Chase & Co. increased their price objective on shares of Tesla from $115.00 to $150.00 in a research report on Friday, October 3rd. Canaccord Genuity Group dropped their price target on shares of Tesla from $490.00 to $482.00 and set a “buy” rating on the stock in a research note on Thursday, October 23rd. BNP Paribas upped their target price on Tesla from $307.00 to $313.00 in a research report on Monday, December 1st. Baird R W raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 19th. Finally, Stifel Nicolaus boosted their target price on Tesla from $483.00 to $508.00 and gave the company a “buy” rating in a report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and nine have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $398.92.