AMG Asset Management Group Inc. Invests $610,000 in Tesla, Inc. $TSLA

Key Points

• AMG Asset Management Group opened a new position in Tesla during the fourth quarter, buying 1,357 shares worth about $610,000. Tesla now makes up roughly 2.0% of the firm’s portfolio.
• Institutional interest remains broad, with several hedge funds adding Tesla shares and 66.20% of the stock owned by hedge funds and other institutions. Insider selling also continued, including sales by CFO Vaibhav Taneja and Director Kathleen Wilson-Thompson.
• Analyst sentiment is mixed: Tesla has a consensus “Hold” rating with an average price target of $404.37. The stock was trading around $400.49, and recent headlines highlighted both bullish themes around AI/FSD and regulatory concerns in Europe.

AMG Asset Management Group Inc. bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,357 shares of the electric vehicle producer's stock, valued at approximately $610,000. Tesla accounts for about 2.0% of AMG Asset Management Group Inc.'s investment portfolio, making the stock its 15th largest position.

Several other hedge funds also recently added to or reduced their stakes in the business. Networth Advisors LLC acquired a new stake in Tesla during the fourth quarter worth about $26,000. Chapman Financial Group LLC purchased a new position in Tesla during the second quarter valued at approximately $26,000. Davidson Capital Management Inc. lifted its holdings in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 27 shares during the period. Prism Advisors Inc. purchased a new stake in Tesla in the 4th quarter worth approximately $30,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in Tesla in the 3rd quarter worth approximately $30,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 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 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 position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,824 shares of company stock valued at $21,657,588 over the last quarter. 19.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Piper Sandler reaffirmed an "overweight" rating on shares of Tesla in a report on Wednesday, June 10th. Wedbush reissued an "outperform" rating and set a $600.00 price target on shares of Tesla in a report on Tuesday, April 21st. Glj Research restated a "sell" rating on shares of Tesla in a research report on Friday, June 12th. BNP Paribas Exane cut shares of Tesla from a "hold" rating to an "underperform" rating in a report on Friday, June 5th. Finally, Erste Group Bank upgraded shares of Tesla from a "sell" rating to a "hold" rating in a research report on Friday, June 5th. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $404.37.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $400.49 on Monday. The firm has a market cap of $1.50 trillion, a price-to-earnings ratio of 367.42, a price-to-earnings-growth ratio of 16.01 and a beta of 1.80. The company's 50-day simple moving average is $403.33 and its 200-day simple moving average is $415.15. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 52-week low of $288.77 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the business earned $0.27 EPS. Equities analysts predict that Tesla, Inc. will post 1.19 EPS for the current fiscal year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk exercised stock options that lifted his Tesla ownership to 19.9%, reinforcing alignment with shareholders and signaling confidence in the company’s long-term strategy.
• Positive Sentiment: ARK Invest, led by Cathie Wood, bought more Tesla shares, adding to a broader bullish narrative around TSLA as an AI and autonomous-driving leader. Article Title
• Positive Sentiment: Analysts and commentary continue to frame Tesla as more than an EV maker, highlighting its AI, robotaxi, and robotics ambitions, which supports the stock’s premium valuation.
• Neutral Sentiment: Tesla received approval for supervised FSD in Denmark, a modest positive for its European rollout, but the approval is still limited and does not remove broader regulatory hurdles.
• Negative Sentiment: Reuters reported that Sweden may push back against Tesla’s supervised self-driving rollout in Europe unless speed-limit behavior is changed, creating a potential roadblock for FSD expansion. Article Title
• Negative Sentiment: Additional reports flagged “fresh FSD roadblock” concerns in Europe, keeping investor focus on regulatory risk rather than near-term software monetization.

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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