Image from MarketBeat Media, LLC. Key Points Quantinno Capital Management boosted its Tesla stake by 44.6%, buying 193,752 shares to hold 628,072 shares worth about $199.5 million, making TSLA its 11th-largest position. Company insiders have been net sellers — CFO Vaibhav Taneja and director Kimbal Musk sold blocks (Kimbal sold 56,820 shares) — with insiders offloading a total of 119,457 shares valued at $52.14 million in the last quarter; insiders still own 19.90% of Tesla. Analyst coverage is mixed: the consensus rating is a "Hold" with an average target price of $399.33, though firms like Robert W. Baird have upgraded TSLA to "Outperform" with a $548 target. Market Momentum: 3 Stocks Poised for Major Breakouts TSLA has been the subject of several analyst reports. Robert W. Baird raised shares of Tesla from a "neutral" rating to an "outperform" rating and boosted their target price for the company from $320.00 to $548.00 in a research note on Friday, September 19th. Bank of America boosted their price objective on shares of Tesla from $341.00 to $471.00 and gave the company a "neutral" rating in a research report on Wednesday, October 29th. Industrial Alliance Securities set a $300.00 target price on shares of Tesla in a research report on Monday, October 13th. Evercore ISI boosted their price target on Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, October 29th. Finally, BNP Paribas Exane assumed coverage on Tesla in a report on Thursday, October 16th. They set an "underperform" rating and a $307.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $399.33.