Share on Stocktwits Mediolanum International Funds Ltd lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 6.0% during the third quarter, HoldingsChannel reports. The fund owned 272,897 shares of the electric vehicle producer’s stock after acquiring an additional 15,506 shares during the quarter. Tesla comprises 1.3% of Mediolanum International Funds Ltd’s holdings, making the stock its 10th biggest position. Mediolanum International Funds Ltd’s holdings in Tesla were worth $120,951,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Tesla by 2.0% during the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock worth $20,480,477,000 after buying an additional 1,269,304 shares in the last quarter. Norges Bank purchased a new position in Tesla in the second quarter valued at about $11,839,824,000. Legal & General Group Plc lifted its position in shares of Tesla by 5.9% during the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock valued at $6,424,705,000 after acquiring an additional 1,134,678 shares during the period. Finally, Amundi boosted its stake in shares of Tesla by 20.4% during the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after acquiring an additional 3,422,270 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Insider Activity In other news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 119,457 shares of company stock valued at $53,501,145. Company insiders own 19.90% of the company’s stock. Analyst Ratings Changes Several equities analysts recently issued reports on the company. Dbs Bank raised Tesla to a “hold” rating in a report on Wednesday, November 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $510.00 price target on shares of Tesla in a research note on Thursday. BNP Paribas Exane increased their price objective on shares of Tesla from $307.00 to $313.00 in a research note on Monday, December 1st. Roth Mkm set a $505.00 target price on shares of Tesla and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, HSBC reiterated a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $409.58. View Our Latest Stock Report on Tesla Tesla Price Performance TSLA stock opened at $430.41 on Monday. The company has a market cap of $1.62 trillion, a PE ratio of 398.53, a price-to-earnings-growth ratio of 7.34 and a beta of 1.86. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The stock has a 50-day moving average price of $447.69 and a two-hundred day moving average price of $408.78. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same quarter in the previous year, the business earned $0.73 EPS. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. More Tesla News