Share on Stocktwits Canvas Wealth Advisors LLC raised its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,094 shares of the electric vehicle producer’s stock after acquiring an additional 1,915 shares during the quarter. Tesla makes up 3.3% of Canvas Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Canvas Wealth Advisors LLC’s holdings in Tesla were worth $19,380,000 as of its most recent SEC filing. Get Tesla alerts: A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSLA. Turning Point Benefit Group Inc. purchased a new position in Tesla in the third quarter valued at about $30,000. Manning & Napier Advisors LLC purchased a new stake in shares of Tesla during the 3rd quarter worth about $29,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Tesla during the 3rd quarter worth about $31,000. Westend Capital Management LLC acquired a new stake in shares of Tesla during the 3rd quarter valued at about $32,000. Finally, Chapman Financial Group LLC bought a new stake in shares of Tesla in the 2nd quarter valued at approximately $26,000. Hedge funds and other institutional investors own 66.20% of the company’s stock. Analyst Upgrades and Downgrades A number of equities analysts recently commented on the company. Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Thursday, January 29th. Mizuho set a $540.00 target price on shares of Tesla and gave the company an “outperform” rating in a research note on Thursday, January 29th. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a research report on Thursday, January 29th. Piper Sandler restated an “overweight” rating on shares of Tesla in a research note on Thursday, January 29th. Finally, China Renaissance boosted their price target on Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $406.84.