Image from MarketBeat Media, LLC. Key Points Tripletail Wealth Management established a new stake in Tesla during Q2, buying 1,415 shares worth about $487,000. Significant insider selling occurred recently: Director James R. Murdoch sold 60,000 shares for ~$25.36M (an 8.61% cut) and SVP Xiaotong Zhu sold 20,000 shares for ~$7.28M (a 29.59% cut), with insiders owning 19.90% of the stock. Tesla reported quarterly results on Oct. 23 that beat estimates (EPS $0.50 vs. $0.48; revenue $28.10B vs. $24.98B), while Wall Street’s consensus remains mixed with an average rating of “Hold” and an average price target of $399.33. 5 Robotics Stocks Catching Momentum After New Policy Tailwinds Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Chelsea Counsel Co. lifted its stake in shares of Tesla by 59.7% in the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 40 shares during the last quarter. LGT Financial Advisors LLC purchased a new stake in shares of Tesla during the 2nd quarter worth $29,000. CoreFirst Bank & Trust acquired a new position in shares of Tesla during the 2nd quarter worth about $30,000. ESL Trust Services LLC increased its holdings in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock valued at $32,000 after acquiring an additional 95 shares during the last quarter. Finally, Evergreen Private Wealth LLC raised its position in shares of Tesla by 270.0% during the 2nd quarter. Evergreen Private Wealth LLC now owns 111 shares of the electric vehicle producer's stock worth $35,000 after acquiring an additional 81 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: