Image from MarketBeat Media, LLC. Atika Capital Management LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 31,000 shares of the electric vehicle producer's stock, valued at approximately $13,786,000. Get Tesla alerts: 3 ETFs to Avoid as Oil Shock Hits Markets A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Chapman Financial Group LLC bought a new position in shares of Tesla in the second quarter worth $26,000. Manning & Napier Advisors LLC acquired a new stake in Tesla in the third quarter worth about $29,000. CoreFirst Bank & Trust bought a new position in Tesla in the 2nd quarter valued at about $30,000. ESL Trust Services LLC raised its position in shares of Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock worth $32,000 after buying an additional 95 shares in the last quarter. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of Tesla in the 2nd quarter worth approximately $32,000. 66.20% of the stock is owned by institutional investors. Insiders Place Their Bets In other Tesla news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. This represents a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 87,995 shares of company stock worth $38,315,650 over the last ninety days. 19.90% of the stock is currently owned by company insiders. Tesla Stock Performance