Image from MarketBeat Media, LLC. Key Points Meadowbrook Wealth Management opened a new position in Tesla, buying 2,767 shares in Q3 worth about $1.23 million, or roughly 1.3% of its portfolio and its 20th-largest holding. Insider selling was notable: Director Kimbal Musk sold 56,820 shares for about $25.6 million (a 3.92% reduction) and CFO Vaibhav Taneja sold 2,637 shares for about $1.17 million (a 16.09% reduction). Market and analyst backdrop: TSLA trades near recent highs (opened $481.20; 12‑month range $214.25–$495.28) with a $1.6 trillion market cap and P/E ~320.8, while analysts' consensus is a "Hold" with an average price target of $404.14. MarketBeat Week in Review – 12/15 - 12/19 Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Chesley Taft & Associates LLC lifted its stake in Tesla by 0.8% in the third quarter. Chesley Taft & Associates LLC now owns 3,118 shares of the electric vehicle producer's stock valued at $1,387,000 after buying an additional 25 shares during the last quarter. Holos Integrated Wealth LLC lifted 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 valued at $102,000 after purchasing an additional 30 shares during the last quarter. Dominguez Wealth Management Solutions Inc. boosted its stake in Tesla by 4.5% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 704 shares of the electric vehicle producer's stock valued at $313,000 after purchasing an additional 30 shares during the period. First Merchants Corp grew its position in Tesla by 1.3% in the 2nd quarter. First Merchants Corp now owns 2,413 shares of the electric vehicle producer's stock worth $767,000 after purchasing an additional 31 shares during the last quarter. Finally, Kaye Capital Management increased its stake 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 valued at $333,000 after purchasing an additional 31 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: