Image from MarketBeat Media, LLC. Key Points Vestmark Advisory Solutions increased its Tesla stake by 5.7% in the fourth quarter, bringing its holdings to 85,618 shares valued at about $38.5 million. Several other hedge funds also boosted their positions, and institutional investors now own 66.2% of Tesla stock. Tesla’s key news included the rollout of Full Self-Driving in China, which could support future software revenue, while the company also faces concerns from a U.S. recall of 14,575 Model Y SUVs over a missing certification label and reports of softer demand. In its latest quarterly results, Tesla beat EPS estimates at $0.41 per share but missed revenue expectations with $22.39 billion in sales. Analysts currently have a consensus rating of Hold on the stock, with a target price around $395.20. TSLA: 3 Reasons the Stock Could Hit $400 in May In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is currently owned by insiders. Analysts Set New Price Targets A number of research analysts have commented on TSLA shares. China Renaissance lowered their target price on Tesla from $382.00 to $372.00 and set a "hold" rating on the stock in a research note on Monday, April 27th. UBS Group boosted their target price on Tesla from $352.00 to $364.00 and gave the company a "neutral" rating in a research note on Wednesday, May 13th. Piper Sandler reiterated an "overweight" rating on shares of Tesla in a research note on Thursday, January 29th. Mizuho decreased their price target on Tesla from $540.00 to $480.00 and set an "outperform" rating for the company in a research note on Thursday, April 23rd. Finally, TD Cowen reiterated a "buy" rating and set a $490.00 price target on shares of Tesla in a research note on Thursday, April 23rd. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $395.20.