Image from MarketBeat Media, LLC. Key Points Silverlake Wealth Management LLC raised its Tesla stake by 102% in Q2, now owning 5,524 shares valued at about $1.755 million after adding 2,790 shares during the period. Significant insider selling: Director Kimbal Musk sold 56,820 shares for roughly $25.6 million (a 3.92% reduction) and CFO Vaibhav Taneja sold 2,637 shares for about $1.17 million (a 16.09% reduction). Tesla trades near $459 with a market cap of about $1.53 trillion and a high P/E (~306); analysts’ consensus is a "Hold" with a $399.33 average price target. MarketBeat Week in Review – 12/8 - 12/12 A number of other large investors also recently modified their holdings of the company. Holos Integrated Wealth LLC raised its holdings in Tesla by 10.8% in the second quarter. Holos Integrated Wealth LLC now owns 309 shares of the electric vehicle producer's stock valued at $102,000 after buying an additional 30 shares during the period. First Merchants Corp increased its position in shares of Tesla by 1.3% in the second quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer's stock worth $767,000 after acquiring an additional 31 shares in the last quarter. Kaye Capital Management increased its position in shares of Tesla by 3.1% in the second quarter. Kaye Capital Management now owns 1,047 shares of the electric vehicle producer's stock worth $333,000 after acquiring an additional 31 shares in the last quarter. Spectrum Wealth Advisory Group LLC raised its stake in shares of Tesla by 3.4% in the 2nd quarter. Spectrum Wealth Advisory Group LLC now owns 941 shares of the electric vehicle producer's stock valued at $299,000 after acquiring an additional 31 shares during the period. Finally, Wambolt & Associates LLC lifted its holdings in shares of 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 acquiring an additional 31 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: