Share on Stocktwits CM Wealth Advisors LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 4th quarter, HoldingsChannel reports. The fund acquired 1,924 shares of the electric vehicle producer’s stock, valued at approximately $865,000. Get Tesla alerts: Several other institutional investors also recently modified their holdings of the business. Brighton Jones LLC raised its stake in Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Tesla by 21.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock worth $2,147,000 after buying an additional 931 shares during the last quarter. Bison Wealth LLC raised its stake in Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock worth $4,187,000 after buying an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Tesla by 9.1% during the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after buying an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC raised its stake in Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after buying an additional 851 shares during the last quarter. Institutional investors own 66.20% of the company’s stock. Analyst Upgrades and Downgrades Several equities research analysts recently commented on TSLA shares. Stifel Nicolaus set a $508.00 target price on Tesla in a research note on Thursday, January 29th. Mizuho set a $540.00 target price on Tesla and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research note on Tuesday, January 27th. Glj Research reaffirmed a “sell” rating on shares of Tesla in a research note on Monday, March 30th. Finally, JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Tesla in a research note on Tuesday, April 7th. Nineteen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and nine have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $398.61.