Insider Buying and Selling at Tesla In related news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director directly 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This represents a 16.09% 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 Several institutional investors have recently modified their holdings of TSLA. Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla during the 3rd quarter valued at approximately $30,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla during the 3rd quarter worth about $29,000. Texas Capital Bancshares Inc TX purchased a new stake in Tesla in the 3rd quarter valued at about $31,000. Westend Capital Management LLC acquired a new position in Tesla in the third quarter valued at about $32,000. Finally, Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter valued at about $26,000. Hedge funds and other institutional investors own 66.20% of the company’s stock. More Tesla News