Share on Stocktwits GRIMES & Co WEALTH MANAGEMENT LLC boosted its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 93.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,826 shares of the electric vehicle producer’s stock after purchasing an additional 4,747 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Tesla were worth $4,370,000 at the end of the most recent quarter. Get Tesla alerts: Several other hedge funds and other institutional investors also recently made changes to their positions in TSLA. Relyea Zuckerberg Hanson LLC boosted its stake in Tesla by 0.4% in the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock worth $2,916,000 after purchasing an additional 23 shares during the period. Equita Financial Network Inc. raised its stake in Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock valued at $380,000 after purchasing an additional 23 shares during the period. Pinnacle Bancorp Inc. lifted its holdings in shares of Tesla by 4.1% in the third quarter. Pinnacle Bancorp Inc. now owns 609 shares of the electric vehicle producer’s stock valued at $271,000 after purchasing an additional 24 shares in the last quarter. Chesley Taft & Associates LLC boosted its position in shares of Tesla by 0.8% in the third quarter. Chesley Taft & Associates LLC now owns 3,118 shares of the electric vehicle producer’s stock worth $1,387,000 after buying an additional 25 shares during the period. Finally, KRS Capital Management LLC grew its holdings in shares of Tesla by 1.2% during the third quarter. KRS Capital Management LLC now owns 2,035 shares of the electric vehicle producer’s stock valued at $905,000 after buying an additional 25 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Tesla Stock Performance TSLA stock opened at $439.20 on Thursday. The firm has a 50 day moving average of $443.50 and a two-hundred day moving average of $397.63. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The company has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 292.80, a P/E/G ratio of 7.43 and a beta of 1.83. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. The business had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. Tesla’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.72 EPS. As a group, equities analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Key Tesla News