Mediolanum International Funds Ltd Reduces Position in Tesla, Inc. $TSLA

Mediolanum International Funds Ltd decreased its holdings in Tesla, Inc. (NASDAQ:TSLA) by 22.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 298,068 shares of the electric vehicle producer’s stock after selling 87,659 shares during the period. Tesla makes up 1.1% of Mediolanum International Funds Ltd’s portfolio, making the stock its 11th largest holding. Mediolanum International Funds Ltd’s holdings in Tesla were worth $105,898,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. Networth Advisors LLC purchased a new stake in Tesla in the fourth quarter worth approximately $26,000. Davidson Capital Management Inc. raised its stake in Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new stake in Tesla during the 3rd quarter valued at $30,000. Prism Advisors Inc. bought a new position in shares of Tesla during the 4th quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in shares of Tesla in the 3rd quarter worth $31,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TSLA has been the subject of several research analyst reports. Barclays lifted their price objective on Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Royal Bank Of Canada raised their target price on Tesla from $475.00 to $500.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Evercore upgraded Tesla from a “hold” rating to an “outperform” rating in a research note on Friday, June 5th. China Renaissance reduced their price target on shares of Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Finally, Glj Research reiterated a “sell” rating on shares of Tesla in a research note on Friday, June 12th. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average price target of $408.07.

Insider Transactions at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. 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 firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 32,015 shares of company stock worth $12,383,640. Insiders own 19.90% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Tesla Price Performance

Shares of Tesla stock opened at $380.79 on Friday. Tesla, Inc. has a one year low of $297.82 and a one year high of $498.83. The stock’s fifty day moving average is $409.41 and its 200 day moving average is $406.00. The stock has a market cap of $1.43 trillion, a P/E ratio of 349.35, a P/E/G ratio of 13.68 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.Tesla’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 earnings per share. Sell-side analysts anticipate that Tesla, Inc. will post 1.34 earnings per share for the current year.

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.