Share on Stocktwits Asset Management One Co. Ltd. lowered its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,321,071 shares of the electric vehicle producer’s stock after selling 9,339 shares during the period. Tesla accounts for approximately 1.7% of Asset Management One Co. Ltd.’s holdings, making the stock its 10th biggest holding. Asset Management One Co. Ltd.’s holdings in Tesla were worth $606,834,000 at the end of the most recent reporting period. Get Tesla alerts: A number of other institutional investors have also modified their holdings of the stock. Networth Advisors LLC acquired a new position in Tesla in the fourth quarter worth about $26,000. Chapman Financial Group LLC acquired a new stake in Tesla during the second quarter valued at approximately $26,000. Manning & Napier Advisors LLC bought a new position in Tesla during the 3rd quarter worth approximately $29,000. Prism Advisors Inc. bought a new position in Tesla during the 4th quarter worth approximately $30,000. Finally, Turning Point Benefit Group Inc. acquired a new position in shares of Tesla in the 3rd quarter worth approximately $30,000. Institutional investors and hedge funds own 66.20% of the company’s stock. Insider Activity In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the firm’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 value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the sale, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is currently owned by insiders. More Tesla News