Image from MarketBeat Media, LLC. Key Points NewEdge Wealth LLC increased its Tesla stake by 38% in the fourth quarter, bringing its holdings to 79,372 shares worth about $35.7 million. Several other institutional investors also adjusted their Tesla positions, and overall institutional ownership stands at 66.20% of the stock. Analyst views remain mixed: Tesla’s consensus rating is currently “Hold” with a consensus price target of $398.42, while recent insider selling included a large sale by director Kathleen Wilson-Thompson. TSLA: 3 Reasons the Stock Could Hit $400 in May A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after purchasing an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after purchasing an additional 931 shares in the last quarter. Bison Wealth LLC raised its holdings in Tesla by 52.2% during the 4th 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 period. Sivia Capital Partners LLC lifted its stake in Tesla by 9.1% in the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock valued at $3,855,000 after buying an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC boosted its holdings in shares of Tesla by 21.2% in the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock valued at $1,544,000 after buying an additional 851 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds. Get Tesla alerts: