Image from MarketBeat Media, LLC. Key Points Capital Research Global Investors cut its Tesla stake by 8.6% in the fourth quarter, but still held 8.2 million shares worth about $3.69 billion at the end of the period. Institutional ownership remains high, with hedge funds and other investors holding about 66.2% of Tesla’s stock. Several firms increased their positions, showing continued institutional interest despite the trim by Capital Research. Analyst sentiment is mixed: Tesla has an average “Hold” rating with a consensus price target of $404.37, while recent insider selling and valuation concerns suggest some caution even as bullish themes around AI, robotics, and autonomous driving persist. Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test Several other institutional investors and hedge funds also recently bought and sold shares of the business. Brighton Jones LLC boosted its holdings in shares of Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after purchasing an additional 9,293 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock valued at $2,147,000 after buying an additional 931 shares during the period. Bison Wealth LLC boosted its stake in shares of Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after buying an additional 3,558 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Tesla by 9.1% during the 2nd 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 during the period. Finally, AGP Franklin LLC boosted its stake in shares of Tesla by 21.2% during the 2nd 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. Hedge funds and other institutional investors own 66.20% of the company's stock. Get Tesla alerts: