47,295 Shares in Tesla, Inc. $TSLA Acquired by Fideuram Asset Management Ireland dac

Key Points

• Fideuram Asset Management Ireland dac disclosed a new position in Tesla, buying 47,295 shares in the fourth quarter worth about $21.27 million. Tesla now accounts for 1.6% of the firm’s portfolio and ranks as its 10th largest holding.
• Institutional ownership remains heavy, with large funds such as Vanguard, State Street, and Geode also increasing their Tesla stakes. Overall, institutions own 66.20% of Tesla’s shares.
• Analysts are mixed on TSLA: the consensus rating is Hold with an average target price of $395.20, even as some firms like Wedbush and Cantor Fitzgerald maintain bullish targets. Tesla also reported quarterly EPS of $0.41, topping estimates, though revenue came in below expectations.

Fideuram Asset Management Ireland dac purchased a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 47,295 shares of the electric vehicle producer's stock, valued at approximately $21,270,000. Tesla comprises 1.6% of Fideuram Asset Management Ireland dac's investment portfolio, making the stock its 10th largest position.

Several other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares during the last quarter. State Street Corp increased its position 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 acquiring an additional 344,162 shares during the period. Geode Capital Management LLC increased its position in Tesla by 0.6% in the 4th 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 acquiring an additional 375,946 shares during the period. Capital World Investors increased its position 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 acquiring an additional 2,403,019 shares during the period. Finally, Legal & General Group Plc increased its position in Tesla by 5.5% in the 4th 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 acquiring an additional 1,043,213 shares during the period. Institutional investors own 66.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on TSLA. Weiss Ratings restated a "hold (c-)" rating on shares of Tesla in a research report on Friday, April 24th. Cantor Fitzgerald restated an "overweight" rating and issued a $510.00 target price on shares of Tesla in a research report on Wednesday, April 22nd. Morgan Stanley set a $415.00 target price on Tesla and gave the company an "equal weight" rating in a research report on Thursday, January 29th. Needham & Company LLC restated a "hold" rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, Wedbush restated an "outperform" rating and issued a $600.00 target price on shares of Tesla in a research report on Tuesday, April 21st. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Tesla has a consensus rating of "Hold" and a consensus target price of $395.20.

Tesla Stock Up 0.4%

Shares of TSLA stock opened at $442.10 on Friday. Tesla, Inc. has a 1 year low of $273.21 and a 1 year high of $498.83. The stock has a market cap of $1.66 trillion, a PE ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79. The business's fifty day moving average is $390.98 and its 200-day moving average is $416.27. 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 - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating 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 company had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. During the same period last year, the firm earned $0.27 EPS. The firm's revenue for the quarter was up 15.8% on a year-over-year basis. Equities analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

More Tesla News

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.

Insider Buying and Selling at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction 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 transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 Tesla stock in a transaction 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 transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 57,482 shares of company stock worth $21,508,331. 19.90% of the stock is owned by insiders.

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.

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).

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.