Share on Stocktwits Baillie Gifford & Co. reduced its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 19.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,342,801 shares of the electric vehicle producer’s stock after selling 314,686 shares during the period. Baillie Gifford & Co.’s holdings in Tesla were worth $603,884,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Get Tesla alerts: Several other hedge funds also recently added to or reduced their stakes in TSLA. Holocene Advisors LP increased its position in Tesla by 132.2% during the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock valued at $2,738,141,000 after buying an additional 3,505,000 shares in the last quarter. Jennison Associates LLC increased its position in Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after buying an additional 3,021,550 shares in the last quarter. Capital World Investors increased its position in Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after buying an additional 2,403,019 shares in the last quarter. SG Americas Securities LLC increased its position in Tesla by 788.2% during the 4th quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer’s stock valued at $551,598,000 after buying an additional 1,088,437 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in Tesla by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer’s stock valued at $112,241,237,000 after buying an additional 995,623 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds. Insider Transactions at Tesla In other news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction dated Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the sale, the director owned 33,860 shares in the company, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,804 shares of company stock worth $20,865,598 in the last 90 days. Company insiders own 19.90% of the company’s stock. Tesla Stock Down 0.0% Shares of TSLA stock opened at $348.79 on Monday. Tesla, Inc. has a fifty-two week low of $222.79 and a fifty-two week high of $498.83. 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 capitalization of $1.31 trillion, a PE ratio of 322.95, a P/E/G ratio of 10.59 and a beta of 1.91. The stock’s 50-day simple moving average is $392.91 and its 200-day simple moving average is $424.68. Tesla (NASDAQ:TSLA – Get Free Report) last issued its 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 firm had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the prior year, the business earned $0.73 earnings per share. The company’s revenue was down 3.1% compared to the same quarter last year. Equities analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Wall Street Analysts Forecast Growth Several brokerages recently issued reports on TSLA. Barclays reaffirmed a “neutral” rating on shares of Tesla in a research report on Wednesday, March 4th. China Renaissance upped their target price on Tesla from $380.00 to $382.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. New Street Research upped their target price on Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Zacks Research lowered Tesla from a “hold” rating to a “strong sell” rating in a research report on Monday, March 30th. Finally, Stifel Nicolaus set a $508.00 price objective on Tesla in a report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and ten have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $400.01.