Share on Stocktwits Advisory Services Network LLC lessened its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 6.5% during the second quarter, HoldingsChannel reports. The fund owned 105,109 shares of the electric vehicle producer’s stock after selling 7,288 shares during the quarter. Tesla accounts for about 0.5% of Advisory Services Network LLC’s investment portfolio, making the stock its 19th biggest holding. Advisory Services Network LLC’s holdings in Tesla were worth $32,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get Tesla alerts: A number of other institutional investors also recently modified their holdings of the company. Chapman Financial Group LLC bought a new position in Tesla in the second quarter worth $26,000. LGT Financial Advisors LLC purchased a new position in shares of Tesla in the 2nd quarter worth $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla in the second quarter valued at $30,000. ESL Trust Services LLC grew its stake in shares of Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after buying an additional 95 shares during the last quarter. Finally, Delos Wealth Advisors LLC bought a new position in shares of Tesla in the second quarter worth about $32,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets TSLA has been the subject of a number of recent research reports. Barclays reissued a “neutral” rating and issued a $350.00 price objective on shares of Tesla in a research note on Monday, December 1st. Stifel Nicolaus increased their price target on shares of Tesla from $483.00 to $508.00 and gave the company a “buy” rating in a research note on Monday, November 17th. CICC Research raised their price objective on shares of Tesla from $360.00 to $450.00 and gave the company an “outperform” rating in a research note on Thursday, September 18th. Mizuho set a $475.00 target price on Tesla and gave the company an “outperform” rating in a report on Tuesday, November 25th. Finally, Evercore ISI boosted their price target on shares of Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, Tesla has a consensus rating of “Hold” and a consensus price target of $399.33.