15,974 Shares in Tesla, Inc. $TSLA Acquired by SBI Okasan Asset Management Co.Ltd.

SBI Okasan Asset Management Co.Ltd. acquired a new position in Tesla, Inc. (NASDAQ:TSLA) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 15,974 shares of the electric vehicle producer’s stock, valued at approximately $7,342,000. Tesla makes up about 0.4% of SBI Okasan Asset Management Co.Ltd.’s portfolio, making the stock its 8th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Tesla by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares during the last quarter. State Street Corp grew its holdings in Tesla by 0.3% during the third quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer’s stock valued at $50,592,614,000 after purchasing an additional 344,162 shares during the last quarter. Geode Capital Management LLC grew its holdings in Tesla by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock valued at $29,426,070,000 after purchasing an additional 375,946 shares during the last quarter. Capital World Investors grew its holdings in Tesla by 5.8% during the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after purchasing an additional 2,403,019 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in Tesla by 5.5% during the fourth quarter. Legal & General Group Plc now owns 20,181,227 shares of the electric vehicle producer’s stock valued at $9,075,901,000 after purchasing an additional 1,043,213 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on 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 completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 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 transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,482 shares of company stock valued at $21,508,331 over the last quarter. Corporate insiders own 19.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on TSLA shares. Zacks Research raised Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Benchmark reissued a “buy” rating on shares of Tesla in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Tesla in a research report on Monday, April 27th. Wells Fargo & Company reduced their price objective on Tesla from $130.00 to $125.00 and set an “underweight” rating for the company in a research report on Thursday, January 29th. Finally, HSBC started coverage on Tesla in a research report on Monday, April 27th. They issued a “buy” rating for the company. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, Tesla currently has an average rating of “Hold” and a consensus price target of $395.20.

Tesla Stock Up 0.4%

Shares of TSLA stock opened at $442.10 on Friday. The stock has a market cap of $1.66 trillion, a P/E ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79. Tesla, Inc. has a one year low of $273.21 and a one year high of $498.83. The stock has a fifty day moving average price of $390.98 and a 200 day moving average price of $416.27. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

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 return on equity of 4.89% and a net margin of 3.95%.The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same period in the prior year, the company posted $0.27 earnings per share. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Analysts predict that Tesla, Inc. will post 1.2 earnings per share for the current year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s European sales rebound is providing tangible evidence of improving EV demand and helping restore confidence in the core auto business.
• Positive Sentiment: Approval of Full Self-Driving (Supervised) in Lithuania supports the long-term autonomous-driving narrative and signals continued regulatory expansion in Europe.
• Positive Sentiment: Investor enthusiasm around robotaxi, AI, and Optimus remains a major sentiment tailwind for TSLA, even before new product details are fully released.
• Neutral Sentiment: Reports and commentary about a possible Tesla-SpaceX merger are generating speculation, but the idea is still unconfirmed and mostly affects sentiment rather than current fundamentals.
• Negative Sentiment: Analysts warn that Tesla’s Terafab chip project and broader AI ambitions face execution risks, including talent shortages and tight timelines.
• Negative Sentiment: Some coverage also highlights concerns about insider selling, valuation, and the company’s dependence on future AI monetization to justify the stock’s premium.

Tesla Profile

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.