Image from MarketBeat Media, LLC. Key Points Fideuram Intesa Sanpaolo Private Banking opened a new position in Tesla during the fourth quarter, buying 5,147 shares valued at about $2.315 million. Institutional interest in Tesla remains strong, with several other funds increasing holdings and 66.2% of the stock now owned by hedge funds and other institutional investors. Tesla continues to face a mixed backdrop: it beat Q1 EPS estimates, but insiders have been selling shares and analysts currently rate the stock a Hold on average with a target price of $395.20. How Bad Could Tesla’s Cybertruck Recall Be for Shares? In related news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 83,213 shares of company stock worth $32,201,105. Corporate insiders own 19.90% of the company's stock. Tesla Stock Performance Shares of Tesla stock opened at $417.26 on Thursday. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The business's fifty day simple moving average is $387.02 and its 200-day simple moving average is $417.12. The firm has a market cap of $1.57 trillion, a PE ratio of 382.81, a price-to-earnings-growth ratio of 15.96 and a beta of 1.79. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. Ad InvestorPlace