Aigen Investment Management LP Decreases Stake in Tesla, Inc. $TSLA

Key Points

• Aigen Investment Management LP cut its Tesla stake by 32.8% in the fourth quarter, leaving it with 3,328 shares valued at about $1.5 million.
• Insider selling continued, with CFO Vaibhav Taneja and Director Kathleen Wilson-Thompson both selling shares in recent transactions; insiders sold 57,824 shares last quarter in total.
• Analysts remain mixed on Tesla: recent reports included upgrades and bullish long-term commentary on autonomy, AI, and robotics, but the stock still carries a consensus “Hold” rating with an average price target of $404.37.

Aigen Investment Management LP reduced its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 32.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,328 shares of the electric vehicle producer's stock after selling 1,625 shares during the period. Aigen Investment Management LP's holdings in Tesla were worth $1,497,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Tesla by 2.6% during 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 purchasing an additional 6,538,720 shares during the last quarter. State Street Corp increased its position in Tesla by 0.9% during the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer's stock worth $51,647,164,000 after purchasing an additional 1,080,085 shares during the last quarter. Geode Capital Management LLC increased its position 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 worth $29,426,070,000 after purchasing an additional 375,946 shares during the last quarter. Capital World Investors increased its position 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 worth $19,583,547,000 after purchasing an additional 2,403,019 shares during the last quarter. Finally, Norges Bank acquired a new stake in Tesla during the fourth quarter worth about $17,128,100,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is still benefiting from its autonomy and AI story, with reports highlighting its unsupervised robotaxi rollout and expanded Full Self-Driving approvals in Europe, including Belgium and Denmark. Tesla Robotaxi Rollout And FSD Expansion Test Rich Valuation Narrative
• Positive Sentiment: Some analysts remain constructive on Tesla’s long-term growth, pointing to underappreciated opportunities in autonomous vehicles, humanoid robotics, and energy storage, which supports the bull case despite near-term volatility. JPMorgan Echoes Why Tesla, Inc. (TSLA) is One of the Best Forever Stocks to Buy
• Neutral Sentiment: There is also ongoing merger speculation between Tesla and SpaceX, with Gwynne Shotwell saying a tie-up “might make Elon's life a little easier,” but this remains highly speculative and not an immediate business catalyst. SpaceX COO Shotwell says Tesla tie-up ‘might make Elon's life a little easier'
• Neutral Sentiment: New articles comparing Tesla with BYD and discussing how SpaceX’s debut compares with Tesla’s history are mostly narrative-driven and do not change Tesla’s fundamentals by themselves. Is it too late to buy SpaceX's stock? Here's how Tesla's did after one day and five years.
• Negative Sentiment: Multiple pieces say Tesla may be losing investor attention to SpaceX, with fears that capital is being redirected to the high-profile IPO; that dynamic has weighed on TSLA sentiment. What's Going On With Tesla Stock Friday
• Negative Sentiment: Bearish commentary also remains in the background, including a Glj Research “sell” reaffirmation and articles arguing Tesla’s battery advantage is thinning, which adds pressure on valuation concerns. Tesla: The Battery Moat Is Becoming Thinner

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 3,000 shares of the business's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 business'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 of the company's stock, valued at $18,300,145.89. This represents a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 57,824 shares of company stock valued at $21,657,588 in the last quarter. 19.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wedbush restated an "outperform" rating and set a $600.00 price objective on shares of Tesla in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upgraded shares of Tesla from an "underweight" rating to a "neutral" rating and raised their price objective for the stock from $145.00 to $475.00 in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Tesla in a research report on Friday, June 5th. They set a "buy" rating for the company. Cantor Fitzgerald restated an "overweight" rating on shares of Tesla in a research report on Monday, June 1st. Finally, Piper Sandler reiterated an "overweight" rating on shares of Tesla in a research report on Wednesday. Twenty-two research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $404.37.

Tesla Stock Up 1.8%

Shares of Tesla stock opened at $406.43 on Friday. Tesla, Inc. has a 52-week low of $288.77 and a 52-week high of $498.83. The company has a 50 day moving average of $398.35 and a 200 day moving average of $416.01. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1.53 trillion, a P/E ratio of 372.87, a P/E/G ratio of 16.25 and a beta of 1.80.

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, topping analysts' consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the previous year, the firm earned $0.27 earnings per share. The firm's quarterly revenue was up 15.8% on a year-over-year basis. As a group, research analysts forecast that Tesla, Inc. will post 1.19 EPS for the current fiscal year.

Tesla Company 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.

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