Share on Stocktwits Cache Advisors LLC lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 10.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,392 shares of the electric vehicle producer’s stock after selling 5,445 shares during the quarter. Tesla makes up 3.5% of Cache Advisors LLC’s portfolio, making the stock its 9th biggest position. Cache Advisors LLC’s holdings in Tesla were worth $19,742,000 as of its most recent SEC filing. Get Tesla alerts: Several other large investors have also added to or reduced their stakes in TSLA. Manning & Napier Advisors LLC purchased a new stake in shares of Tesla in the 3rd quarter worth about $29,000. Westend Capital Management LLC purchased a new stake in Tesla in the third quarter worth about $32,000. Chapman Financial Group LLC bought a new stake in Tesla during the 2nd quarter valued at approximately $26,000. CoreFirst Bank & Trust purchased a new position in shares of Tesla during the 2nd quarter worth approximately $30,000. Finally, ESL Trust Services LLC raised its position in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after acquiring an additional 95 shares in the last quarter. Institutional investors own 66.20% of the company’s stock. Analysts Set New Price Targets Several equities research analysts recently weighed in on TSLA shares. Deutsche Bank Aktiengesellschaft dropped their price target on Tesla from $500.00 to $480.00 and set a “buy” rating on the stock in a research report on Friday, January 30th. Canaccord Genuity Group set a $520.00 target price on shares of Tesla in a research report on Thursday, January 29th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $510.00 price target on shares of Tesla in a research note on Thursday, January 29th. William Blair reissued a “market perform” rating on shares of Tesla in a research note on Friday, January 2nd. Finally, JPMorgan Chase & Co. decreased their target price on shares of Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research note on Friday, January 30th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $408.09.