Image from MarketBeat Media, LLC. Key Points Tesla hit a new 52-week high after Mizuho raised its price target from $475 to $530, with the stock trading as high as $491.50 and last at $489.88 on roughly 103.9 million shares. Several analysts have lifted targets into the $500s (e.g., President Capital $529, New Street $520, TD Cowen $509), but MarketBeat reports an average analyst rating of "Hold" and an average target of $400.86. Notable insider selling occurred (CFO Vaibhav Taneja and director Kimbal Musk), even as large institutions like Norges Bank and Vanguard increased positions and hedge funds hold about 66.2% of the stock. MarketBeat Week in Review – 12/8 - 12/12 In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares of the company's stock, valued at $6,107,145.01. The trade was a 16.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 19.90% of the stock is currently owned by corporate insiders. Institutional Inflows and Outflows A number of institutional investors have recently made changes to their positions in TSLA. Norges Bank bought a new stake in shares of Tesla in the second quarter worth about $11,839,824,000. Kingstone Capital Partners Texas LLC lifted its holdings in Tesla by 581,880.5% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock worth $2,044,683,000 after buying an additional 6,435,598 shares during the period. Vanguard Group Inc. lifted its holdings in Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after buying an additional 4,502,976 shares during the period. Amundi increased its stake in shares of Tesla by 29.4% during the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock valued at $4,482,789,000 after buying an additional 3,814,610 shares during the period. Finally, Holocene Advisors LP raised its holdings in shares of Tesla by 132.2% during the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock valued at $2,738,141,000 after acquiring an additional 3,505,000 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock. Tesla Stock Performance