<div id="readability-page-1"><p>Legacy Private Trust Co. lifted its position in shares of  Tesla, Inc. (NASDAQ:TSLA - Free Report) by 25.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 15,374 shares of the electric vehicle producer's stock after buying an additional 3,160 shares during the period. Legacy Private Trust Co.'s holdings in Tesla were worth $6,837,000 as of its most recent SEC filing.</p><ul><li>Is Tesla Overvalued? 2 Reasons It Might Be a Bargain</li></ul><p>Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of  Tesla in the 2nd quarter valued at $11,839,824,000.  Kingstone Capital Partners Texas LLC lifted its stake in  Tesla by 581,880.5% in the second quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock worth $2,044,683,000 after purchasing an additional 6,435,598 shares during the last quarter.  Vanguard Group Inc. boosted its position in  Tesla by 1.8% during the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock valued at $79,856,764,000 after buying an additional 4,502,976 shares during the period.  Amundi grew its stake in shares of  Tesla by 29.4% during the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer's stock valued at $4,482,789,000 after buying an additional 3,814,610 shares during the last quarter.  Finally, Caxton Associates LLP purchased a new position in shares of  Tesla in the first quarter worth about $469,339,000. 66.20% of the stock is currently owned by institutional investors. </p><h2>Tesla Stock Up 3.4%</h2><p>Shares of Tesla stock opened at $483.37 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $495.28. The company has a market cap of $1.61 trillion, a P/E ratio of 322.25, a PEG ratio of 11.68 and a beta of 1.87. The company's fifty day simple moving average is $438.62 and its two-hundred day simple moving average is $379.59. </p><ul><li>MarketBeat Week in Review – 12/8 - 12/12</li></ul><p>Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm had revenue of $28.10 billion during the quarter, compared to analysts' expectations of $24.98 billion. During the same period last year, the company posted $0.72 EPS. The company's quarterly revenue was up 11.6% compared to the same quarter last year.  Research analysts anticipate that  Tesla, Inc. will post 2.56 EPS for the current year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities research analysts recently weighed in on the company. Truist Financial increased their target price on Tesla from $280.00 to $406.00 and gave the company a &#34;hold&#34; rating in a report on Thursday, October 23rd. Roth Capital  set a $505.00 price objective on Tesla and gave the company a &#34;buy&#34; rating in a research note on Thursday, October 23rd. TD Cowen lifted their target price on shares of Tesla from $374.00 to $509.00 and gave the stock a &#34;buy&#34; rating in a research note on Thursday, October 9th. Wedbush  reiterated an &#34;outperform&#34; rating and set a $600.00 price target on shares of Tesla in a report on Monday. Finally, Dbs Bank raised shares of Tesla to a &#34;hold&#34; rating in a report on Wednesday, November 5th. One analyst  has rated the stock with a Strong Buy rating, twenty have issued  a Buy rating, fourteen have issued  a Hold rating and nine have issued  a Sell rating to the company. According to data from MarketBeat.com, Tesla  has an average rating of &#34;Hold&#34; and a consensus price target of $402.25.</p><ul><li>Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal</li></ul><p><b>Get Our Latest Stock Analysis on Tesla</b></p><h2>Insider Activity at Tesla</h2><p>In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the firm's stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders own  19.90% of the company's stock. </p><h2>Tesla Profile</h2> (Free Report)<p>Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.</p><h2>See Also</h2><ul><li>Five stocks we like better than Tesla</li><li>How to Calculate Options Profits</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>3 Stocks to Consider Buying in October</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>What Are Some of the Best Large-Cap Stocks to Buy?</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNMQQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFNMQQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Tesla Right Now?</h2><p>Before you consider Tesla, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tesla wasn't on the list.</p><p>While Tesla currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Legacy Private Trust Co. increased its stake in Tesla, Inc. by 25.9% in Q3, owning 15,374 shares worth $6.8 million. Other institutional investors also boosted their positions. Tesla's stock opened at $483.37, with a market cap of $1.61 trillion. Analysts have mixed ratings, with a consensus price target of $402.25. CFO Vaibhav Taneja sold shares worth $1.17 million.</p>

- Legacy Private Trust Co. increased its position in Tesla, Inc. by 25.9% in Q3, owning 15,374 shares valued at $6.84 million post-addition.  
- Other institutional investors, including Norges Bank and Kingstone Capital Partners, also significantly boosted their holdings, highlighting a collective interest in Tesla stock.  
- Tesla's recent performance includes an EPS of $0.50 for Q3 and a current market cap of $1.61 trillion, while analysts maintain a consensus Hold rating with a target price of $402.25.

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Legacy Private Trust Co. Boosts Stock Position in Tesla, Inc. $TSLA