Image from MarketBeat Media, LLC. Key Points Rice Partnership LLC trimmed its Tesla stake by 20.7% in Q3, selling 1,569 shares and now holding 6,013 shares valued at about $2.674 million. Heavy insider selling: CFO Vaibhav Taneja sold 2,637 shares and director Kimbal Musk sold 56,820 shares; insiders have sold 119,457 shares (~$53.5M) in the past 90 days and now own 19.90% of the company. Analyst view is a consensus "Hold" with an average 12‑month target of $408.09 (18 Buys, 14 Holds, 9 Sells), while Tesla trades near $400 with a ~$1.5 trillion market cap and a very high P/E. MarketBeat Week in Review – 02/16 - 02/20 A number of other institutional investors and hedge funds have also added to or reduced their stakes in TSLA. Mufg Securities Americas Inc. raised its position in Tesla by 21.8% in the third quarter. Mufg Securities Americas Inc. now owns 75,671 shares of the electric vehicle producer's stock worth $33,652,000 after purchasing an additional 13,566 shares in the last quarter. Lake Street Private Wealth LLC raised its holdings in shares of Tesla by 1.8% in the 3rd quarter. Lake Street Private Wealth LLC now owns 3,007 shares of the electric vehicle producer's stock worth $1,337,000 after buying an additional 52 shares in the last quarter. Krane Funds Advisors LLC lifted its position in shares of Tesla by 79.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 19,182 shares of the electric vehicle producer's stock worth $8,373,000 after buying an additional 8,510 shares during the period. AXQ Capital LP acquired a new stake in Tesla in the 3rd quarter valued at $220,000. Finally, First Financial Bankshares Inc grew its position in Tesla by 2.6% in the third quarter. First Financial Bankshares Inc now owns 10,414 shares of the electric vehicle producer's stock valued at $4,631,000 after acquiring an additional 265 shares during the period. Institutional investors own 66.20% of the company's stock. Get Tesla alerts: