Share on Stocktwits Accurate Wealth Management LLC boosted its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 9.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 36,129 shares of the electric vehicle producer’s stock after acquiring an additional 3,229 shares during the quarter. Tesla makes up about 2.1% of Accurate Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Accurate Wealth Management LLC’s holdings in Tesla were worth $15,509,000 at the end of the most recent quarter. Get Tesla alerts: Several other institutional investors also recently modified their holdings of TSLA. Chapman Financial Group LLC bought a new stake in Tesla during the 2nd quarter worth $26,000. Chelsea Counsel Co. grew its stake in shares of Tesla by 59.7% in the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 40 shares during the last quarter. LGT Financial Advisors LLC bought a new stake in shares of Tesla in the second quarter worth $29,000. CoreFirst Bank & Trust acquired a new stake in Tesla in the second quarter valued at $30,000. Finally, ESL Trust Services LLC raised its position in 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 purchasing an additional 95 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Tesla Price Performance TSLA opened at $438.07 on Friday. Tesla, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. The firm has a 50-day moving average of $445.77 and a 200 day moving average of $390.82. The firm has a market cap of $1.46 trillion, a P/E ratio of 292.05, a PEG ratio of 7.18 and a beta of 1.83. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 EPS. On average, research analysts expect that Tesla, Inc. will post 2.56 EPS for the current year. Insiders Place Their Bets In related news, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 19.90% of the stock is owned by insiders. Tesla News Summary