Image from MarketBeat Media, LLC. Key Points AustralianSuper Pty Ltd massively increased its Tesla stake in the fourth quarter, boosting holdings by 6,175.9% to 182,504 shares valued at about $82.1 million. Institutional ownership remains high, with several other funds also adding to positions and hedge funds/other institutional investors owning 66.20% of Tesla’s stock. Tesla continues to draw mixed market signals: optimism is being supported by autonomy, China, and expansion news, while analysts remain split and the stock still carries an average “Hold” rating with a consensus target of $395.20. TSLA: 3 Reasons the Stock Could Hit $400 in May In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 80,213 shares of company stock valued at $30,851,105 over the last three months. Insiders own 19.90% of the company's stock. Analyst Ratings Changes A number of research analysts have recently weighed in on the company. Wedbush restated an "outperform" rating and set a $600.00 price objective on shares of Tesla in a research report on Tuesday, April 21st. Truist Financial dropped their price target on Tesla from $438.00 to $400.00 and set a "hold" rating for the company in a research note on Thursday, April 2nd. President Capital raised their price target on Tesla from $424.00 to $428.00 and gave the company a "buy" rating in a report on Monday, April 27th. TD Cowen reaffirmed a "buy" rating and issued a $490.00 price objective on shares of Tesla in a research note on Thursday, April 23rd. Finally, Jefferies Financial Group reiterated a "neutral" rating on shares of Tesla in a research report on Wednesday, April 22nd. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, Tesla presently has an average rating of "Hold" and a consensus target price of $395.20. Ad Banyan Hill Publishing