Image from MarketBeat Media, LLC. Key Points Varma Mutual Pension Insurance Co boosted its Tesla stake 11.3% in Q3 to 392,123 shares worth $174.39 million, making TSLA about 1.1% of Varma’s portfolio and its 14th-largest holding. Institutional and insider activity: Institutions own 66.2% of Tesla, while insiders have sold 119,457 shares (~$53.5M) in the past 90 days, including a 60,000-share sale by director James R. Murdoch. Market view and fundamentals: Analysts are mixed (17 Buy / 14 Hold / 9 Sell) with an average price target of $403.92; Tesla beat Q4 EPS estimates ($0.50 vs. $0.45) but saw revenue decline 3.1% YoY and trades at a very high P/E (~397). Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile Several other institutional investors have also recently bought and sold shares of TSLA. Brighton Jones LLC raised its stake in Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after acquiring an additional 9,293 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after purchasing an additional 931 shares in the last quarter. Bison Wealth LLC raised its position in shares of Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after purchasing an additional 3,558 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Tesla by 9.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock valued at $3,855,000 after buying an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC boosted its holdings in Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock worth $1,544,000 after buying an additional 851 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock. Get Tesla alerts: