Share on Stocktwits Avaii Wealth Management LLC increased its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 55.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 28,202 shares of the electric vehicle producer’s stock after purchasing an additional 10,105 shares during the quarter. Tesla comprises about 4.8% of Avaii Wealth Management LLC’s holdings, making the stock its 3rd largest position. Avaii Wealth Management LLC’s holdings in Tesla were worth $12,542,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after purchasing an additional 931 shares in the last quarter. Bison Wealth LLC grew its holdings in Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after acquiring an additional 3,558 shares in the last quarter. Ancora Advisors LLC increased its holdings in Tesla by 5.8% in the first quarter. Ancora Advisors LLC now owns 7,045 shares of the electric vehicle producer’s stock valued at $1,826,000 after buying an additional 385 shares during the last quarter. Finally, Edmond DE Rothschild Holding S.A. raised its stake in Tesla by 1.2% during the first quarter. Edmond DE Rothschild Holding S.A. now owns 15,419 shares of the electric vehicle producer’s stock valued at $3,996,000 after buying an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock. Analysts Set New Price Targets Several research firms recently issued reports on TSLA. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a research report on Wednesday, December 17th. Wall Street Zen upgraded Tesla from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. China Renaissance increased their price target on Tesla from $349.00 to $380.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. TD Cowen raised their price target on Tesla from $374.00 to $509.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Finally, HSBC reaffirmed a “reduce” rating on shares of Tesla in a report on Monday, November 17th. 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $414.36.