Image from MarketBeat Media, LLC. Key Points Conning Inc. reduced its Tesla stake by 10.8% in the fourth quarter, selling 1,799 shares and leaving it with 14,870 shares worth about $6.69 million. Insider selling continued, including director Kathleen Wilson-Thompson’s sale of 26,409 shares and CFO Vaibhav Taneja’s sale of 2,264 shares. Tesla insiders sold 80,213 shares worth about $30.9 million over the last three months. Tesla’s latest results beat EPS expectations, reporting $0.41 per share versus $0.39 expected, but revenue of $22.39 billion came in slightly below estimates. Analysts remain mixed, with a consensus rating of “Hold” and an average target price of $395.20. How Bad Could Tesla’s Cybertruck Recall Be for Shares? Several other institutional investors also recently bought and sold shares of the stock. VanderPol Investments L.L.C. boosted its holdings in Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock valued at $464,000 after acquiring an additional 23 shares during the period. Resonant Capital Advisors LLC boosted its holdings in Tesla by 0.3% during the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock valued at $3,814,000 after acquiring an additional 23 shares during the period. Cloud Capital Management LLC boosted its holdings in Tesla by 1.1% during the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock valued at $923,000 after acquiring an additional 23 shares during the period. PFS Partners LLC boosted its holdings in Tesla by 4.2% during the 4th quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer's stock valued at $265,000 after acquiring an additional 24 shares during the period. Finally, Cornell Pochily Investment Advisors Inc. boosted its holdings in Tesla by 0.6% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 4,157 shares of the electric vehicle producer's stock valued at $1,848,000 after acquiring an additional 25 shares during the period. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Get Tesla alerts: