Image from MarketBeat Media, LLC. Key Points IHT Wealth Management increased its Tesla stake by 2.4% to 194,873 shares valued at $61.90 million, making TSLA its 7th largest position and roughly 1.7% of the firm's holdings. Significant insider selling occurred this quarter—Director Kimbal Musk sold 56,820 shares ($25.6M) and CFO Vaibhav Taneja sold 2,637 shares, with insiders totaling 119,457 shares sold (~$52.14M) while still owning about 19.9% of the company. Analyst views are mixed (average rating "Hold" with a $399.33 target) even as Tesla reported a quarter beating revenue and EPS estimates ($28.1B revenue, $0.50 EPS); the stock trades at a ~$1.53T market cap and a high P/E (~306). MarketBeat Week in Review – 12/8 - 12/12 Several other hedge funds have also recently modified their holdings of the business. Holos Integrated Wealth LLC raised its position in Tesla by 10.8% in the 2nd quarter. Holos Integrated Wealth LLC now owns 309 shares of the electric vehicle producer's stock worth $102,000 after buying an additional 30 shares during the last quarter. First Merchants Corp raised its holdings 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 valued at $767,000 after purchasing an additional 31 shares during the last quarter. Kaye Capital Management lifted its position in Tesla by 3.1% during the second quarter. Kaye Capital Management now owns 1,047 shares of the electric vehicle producer's stock valued at $333,000 after purchasing an additional 31 shares during the period. 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 worth $299,000 after purchasing an additional 31 shares during the last quarter. Finally, Wambolt & Associates LLC raised its stake in Tesla by 1.0% during the 2nd quarter. Wambolt & Associates LLC now owns 3,119 shares of the electric vehicle producer's stock valued at $938,000 after buying an additional 31 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock. Get Tesla alerts: