Share on Stocktwits Advisory Alpha LLC lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 10.2% during the third quarter, Holdings Channel reports. The fund owned 24,919 shares of the electric vehicle producer’s stock after purchasing an additional 2,306 shares during the quarter. Advisory Alpha LLC’s holdings in Tesla were worth $10,865,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other hedge funds have also recently bought and sold shares of the company. NewSquare Capital LLC boosted its holdings in shares of Tesla by 142.0% in the 3rd quarter. NewSquare Capital LLC now owns 4,617 shares of the electric vehicle producer’s stock valued at $2,053,000 after purchasing an additional 2,709 shares during the last quarter. American Wealth Advisors LLC purchased a new stake in Tesla during the 3rd quarter worth approximately $94,000. Horizon Financial Services LLC grew its holdings in Tesla by 915.4% during the 3rd quarter. Horizon Financial Services LLC now owns 132 shares of the electric vehicle producer’s stock worth $59,000 after acquiring an additional 119 shares in the last quarter. GW&K Investment Management LLC lifted its holdings in Tesla by 906.8% during the 3rd quarter. GW&K Investment Management LLC now owns 23,911 shares of the electric vehicle producer’s stock worth $10,634,000 after buying an additional 21,536 shares during the last quarter. Finally, JT Stratford LLC raised its holdings in shares of Tesla by 24.2% during the third quarter. JT Stratford LLC now owns 27,457 shares of the electric vehicle producer’s stock worth $12,211,000 after purchasing an additional 5,350 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock. Tesla Stock Up 3.4% TSLA opened at $405.94 on Thursday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The firm’s 50-day simple moving average is $428.32 and its 200-day simple moving average is $422.35. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The firm has a market cap of $1.52 trillion, a price-to-earnings ratio of 375.87, a PEG ratio of 13.97 and a beta of 1.89. Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 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 for the quarter, compared to analyst estimates of $24.75 billion. During the same period in the prior year, the company earned $0.73 EPS. Tesla’s revenue for the quarter was down 3.1% on a year-over-year basis. Equities research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Transactions at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction 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. The trade was a 9.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the transaction, the director owned 19,669 shares of the company’s stock, valued at $8,173,649.64. The trade was a 56.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 145,188 shares of company stock worth $64,193,919. Insiders own 19.90% of the company’s stock. Key Stories Impacting Tesla