Amova Asset Management Americas Inc. Has $552.33 Million Stock Holdings in Tesla, Inc. $TSLA

Key Points

• Amova Asset Management Americas cut its Tesla stake by 17.2% in Q3 to 1,242,465 shares worth about $552.33 million, making TSLA roughly 5.4% of the fund and its fourth‑largest holding.
• Significant insider selling has occurred recently: directors Kathleen Wilson‑Thompson and James R. Murdoch sold 25,731 and 60,000 shares respectively, and insiders disposed of 145,188 shares (~$64.2M) in the last quarter.
• Analysts are mixed: the consensus rating is a Hold with an average price target of $406.84, while individual targets and ratings range from sell to buy (e.g., Tigress $550 buy, Deutsche Bank $480 buy, Goldman $405 neutral, DZ Bank sell).

Amova Asset Management Americas Inc. cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 17.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,242,465 shares of the electric vehicle producer's stock after selling 257,546 shares during the period. Tesla comprises approximately 5.4% of Amova Asset Management Americas Inc.'s holdings, making the stock its 4th largest position. Amova Asset Management Americas Inc.'s holdings in Tesla were worth $552,325,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Manning & Napier Advisors LLC bought a new position in shares of Tesla in the 3rd quarter worth approximately $29,000. Westend Capital Management LLC purchased a new stake in Tesla during the third quarter valued at approximately $32,000. Chapman Financial Group LLC bought a new position in Tesla in the second quarter worth approximately $26,000. CoreFirst Bank & Trust purchased a new position in shares of Tesla during the 2nd quarter worth $30,000. Finally, ESL Trust Services LLC grew its position in shares of Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock valued at $32,000 after acquiring an additional 95 shares during the period. Institutional investors own 66.20% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Truist Financial lowered their target price on Tesla from $439.00 to $438.00 and set a "hold" rating on the stock in a research report on Thursday, January 29th. Tigress Financial began coverage on Tesla in a research report on Thursday, February 12th. They set a "buy" rating and a $550.00 price objective on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Tesla from $500.00 to $480.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $405.00 price target on shares of Tesla in a research report on Thursday, January 29th. Finally, DZ Bank restated a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat, Tesla currently has an average rating of "Hold" and a consensus price target of $406.84.

Insider Transactions at Tesla

In related news, Director Kathleen Wilson-Thompson sold 25,731 shares of the company's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the sale, the director owned 19,669 shares of the company's stock, valued at $8,173,649.64. This represents a 56.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares of the company's stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 145,188 shares of company stock worth $64,193,919. 19.90% of the stock is owned by insiders.

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $405.94 on Thursday. The company has a market cap of $1.52 trillion, a P/E ratio of 375.87, a P/E/G ratio of 13.97 and a beta of 1.89. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The firm's fifty day moving average is $428.32 and its two-hundred day moving average is $422.35.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.73 earnings per share. As a group, analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America resumed coverage with a Buy rating and $460 price target, calling Tesla the current leader in consumer autonomy and robotaxis — a high‑profile vote of confidence that lifts sentiment. Tesla Stock Is Rising as It Gets a New Vote of Confidence From Wall Street
• Positive Sentiment: Analysts and outlets are emphasizing Tesla’s autonomy upside — some argue the self‑driving/robotaxi opportunity could be worth more than the EV division, supporting a higher multiple. Tesla's self-driving effort could be worth more than double its EV division
• Positive Sentiment: New footage and reports of a Model Y completing a long FSD run without intervention have reignited optimism about software progress and commercial autonomy prospects. Tesla Model Y Completes Huge FSD Run Without Intervention, Tesla Stock NASDAQ: TSLA Surges
• Positive Sentiment: Some European markets showed signs of sales stabilization/rebound in February (France, Portugal), reducing near‑term delivery worries in key markets. Does Tesla's February Sales Surge Signal a Turnaround in Europe?
• Neutral Sentiment: Elon Musk’s comments about Tesla developing AGI and humanoid robots keep long‑term upside narratives alive but are speculative and unlikely to affect near‑term fundamentals. ‘Tesla Will Probably Be the First to Make AGI in Humanoid Form,’ Says Elon Musk
• Neutral Sentiment: CATL’s announced AI spending push highlights faster innovation across the battery supply chain — a reminder of technology competition that could be either supportive or competitive for Tesla. Chinese Battery Giant CATL Ready to Rattle the World With AI Spending Splurge
• Negative Sentiment: Regulatory risk: Tesla must submit detailed FSD data to the NHTSA by March 9 — a missed or problematic filing could escalate scrutiny and hit sentiment, making autonomy progress a near‑term risk. Tesla’s 2026 May Hinge on a March 9 Outcome
• Negative Sentiment: Regionally weak data: UK registrations reportedly plunged in February, underscoring ongoing demand variability in Europe. Tesla's UK sales plummet in February but outpace BYD, New Automotive data shows
• Negative Sentiment: Some sell‑side skepticism persists: BNP Paribas recently cut its target to $280 (Underperform), and labor/union pressure at the Berlin Gigafactory adds operational risk. BNP Paribas adjusts price target on Tesla to $280 from $313, maintains underperform rating German union aims for breakthrough at Tesla Berlin plant

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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