Image from MarketBeat Media, LLC. Key Points Next Century Growth Investors LLC boosted its stake in Tesla by 74.0% in Q2 to 12,426 shares, valued at about $3.95 million. Norges Bank established a new Tesla position in Q2 valued at approximately $11.84 billion, and institutional investors now own roughly 66.20% of the company. Insiders have been net sellers — CFO Vaibhav Taneja and SVP Xiaotong Zhu recently sold shares, with insiders disposing of 82,637 shares worth $33.8 million over the past three months, leaving insiders with about 19.90% ownership. Uber Gets a Street-High Upgrade as Robotaxis Roll Out in Dallas A number of analysts have weighed in on TSLA shares. TD Cowen raised their price objective on shares of Tesla from $374.00 to $509.00 and gave the stock a "buy" rating in a report on Thursday, October 9th. Truist Financial upped their price objective on shares of Tesla from $280.00 to $406.00 and gave the company a "hold" rating in a research note on Thursday, October 23rd. Dbs Bank upgraded Tesla to a "hold" rating in a research note on Wednesday, November 5th. Bank of America lifted their target price on shares of Tesla from $341.00 to $471.00 and gave the company a "neutral" rating in a report on Wednesday, October 29th. Finally, CICC Research increased their price target on shares of Tesla from $360.00 to $450.00 and gave the stock an "outperform" rating in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company's stock. Based on data from MarketBeat, Tesla currently has an average rating of "Hold" and an average price target of $399.33.