Tesla, Inc. $TSLA Shares Sold by Keystone Financial Group

Keystone Financial Group trimmed its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,537 shares of the electric vehicle producer’s stock after selling 1,236 shares during the quarter. Tesla makes up approximately 3.0% of Keystone Financial Group’s investment portfolio, making the stock its 6th largest position. Keystone Financial Group’s holdings in Tesla were worth $40,717,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its stake in Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after buying an additional 6,538,720 shares in the last quarter. State Street Corp lifted its stake in Tesla by 0.3% in the 3rd quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock valued at $50,592,614,000 after buying an additional 344,162 shares in the last quarter. Capital World Investors lifted its stake in Tesla by 5.8% in the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after buying an additional 2,403,019 shares in the last quarter. Jennison Associates LLC lifted its stake in Tesla by 38.3% in the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after buying an additional 3,021,550 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Tesla by 5.8% in the 3rd quarter. Franklin Resources Inc. now owns 6,737,089 shares of the electric vehicle producer’s stock valued at $2,996,118,000 after buying an additional 368,493 shares in the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm’s 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 sale, the chief financial officer 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 90 days, insiders have sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is owned by company insiders.

Tesla Price Performance

TSLA stock opened at $417.85 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The business has a 50 day simple moving average of $387.39 and a 200-day simple moving average of $416.85. The firm has a market capitalization of $1.57 trillion, a PE ratio of 383.35, a price-to-earnings-growth ratio of 16.48 and a beta of 1.79. Tesla, Inc. has a 1 year low of $273.21 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period last year, the business earned $0.27 earnings per share. Tesla’s revenue was up 15.8% compared to the same quarter last year. Equities research analysts anticipate that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TSLA. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a research note on Thursday, April 23rd. Roth Mkm reaffirmed a “buy” rating on shares of Tesla in a research note on Thursday, April 23rd. UBS Group lifted their target price on shares of Tesla from $352.00 to $364.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Mizuho lowered their target price on shares of Tesla from $540.00 to $480.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. Finally, Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, Tesla has an average rating of “Hold” and an average target price of $395.20.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla confirmed FSD Supervised is now available in China, potentially boosting software monetization and competitiveness in a key EV market. Article Title
• Positive Sentiment: New SpaceX filing details suggest Tesla remains deeply intertwined with Musk’s broader ecosystem, including AI and infrastructure projects that could support the long-term bull case for TSLA. Article Title
• Neutral Sentiment: Analysts are debating whether a future SpaceX-Tesla combination is plausible, but it remains speculation rather than an announced deal. Article Title
• Negative Sentiment: Investors warn that SpaceX’s IPO could increase scrutiny on Musk and pull attention away from Tesla’s execution, especially if the public market starts comparing the two businesses more directly. Article Title
• Negative Sentiment: Bearish commentary continues to argue Tesla is overvalued and facing pressure from policy, competition, and weaker sentiment around its core auto business. Article Title

About Tesla

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.