Share on Stocktwits Stonekeep Investments LLC lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 11.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,187 shares of the electric vehicle producer’s stock after selling 1,585 shares during the period. Tesla accounts for about 3.4% of Stonekeep Investments LLC’s portfolio, making the stock its 8th biggest position. Stonekeep Investments LLC’s holdings in Tesla were worth $5,420,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get Tesla alerts: A number of other institutional investors have also recently modified their holdings of the stock. Chapman Financial Group LLC bought a new stake in Tesla during the second quarter worth about $26,000. Chelsea Counsel Co. lifted its holdings in shares of Tesla by 59.7% during the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock worth $28,000 after acquiring an additional 40 shares during the period. LGT Financial Advisors LLC acquired a new stake in shares of Tesla during the 2nd quarter worth approximately $29,000. CoreFirst Bank & Trust acquired a new position in Tesla during the second quarter valued at approximately $30,000. Finally, ESL Trust Services LLC raised its holdings in shares of Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In TSLA has been the topic of a number of recent analyst reports. HSBC reiterated a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research report on Thursday, October 23rd. BNP Paribas Exane assumed coverage on shares of Tesla in a research report on Thursday, October 16th. They issued an “underperform” rating and a $307.00 target price on the stock. Roth Capital set a $505.00 price target on shares of Tesla and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, New Street Research increased their price target on Tesla from $465.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $414.50.