Assetmark Inc. Grows Stock Holdings in Tesla, Inc. $TSLA

Key Points

• Assetmark Inc. increased its stake in Tesla by 6.7% in Q4, buying 22,186 shares to hold 355,673 shares valued at about $159.95 million at quarter-end.
• Insiders have been net sellers recently — 53,804 shares sold in the last 90 days (~$20.87M) — while institutional investors and hedge funds own 66.20% of TSLA and insiders hold 19.90%.
• Tesla reported Q4 EPS of $0.50 (beat by $0.05) with revenue of $24.9B, down 3.1% YoY; the stock has a market cap of $1.37T, a P/E of 337.13, and an average analyst price target of $399.44 with a consensus rating of "Hold".

Assetmark Inc. increased its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 6.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 355,673 shares of the electric vehicle producer's stock after purchasing an additional 22,186 shares during the period. Assetmark Inc.'s holdings in Tesla were worth $159,953,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TSLA. Relyea Zuckerberg Hanson LLC increased its stake in Tesla by 0.4% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock valued at $2,916,000 after purchasing an additional 23 shares during the last quarter. Equita Financial Network Inc. lifted its position in shares of Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after buying an additional 23 shares during the last quarter. VanderPol Investments L.L.C. lifted its position in shares of Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock worth $464,000 after buying an additional 23 shares during the last quarter. Resonant Capital Advisors LLC boosted its holdings in shares of Tesla by 0.3% in the 3rd quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock valued at $3,814,000 after buying an additional 23 shares in the last quarter. Finally, Cloud Capital Management LLC grew its position in shares of Tesla by 1.1% in the 3rd quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock valued at $923,000 after buying an additional 23 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Price Performance

Shares of TSLA opened at $364.10 on Wednesday. Tesla, Inc. has a fifty-two week low of $222.79 and a fifty-two week high of $498.83. The company has a market capitalization of $1.37 trillion, a price-to-earnings ratio of 337.13, a price-to-earnings-growth ratio of 10.96 and a beta of 1.91. The firm has a 50-day simple moving average of $390.37 and a 200-day simple moving average of $423.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

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

Insiders Place Their Bets

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction on Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the transaction, the director owned 33,860 shares of the company's stock, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company's stock.

Wall Street Analysts Forecast Growth

TSLA has been the subject of a number of research reports. Royal Bank Of Canada reduced their price target on shares of Tesla from $500.00 to $480.00 and set an "outperform" rating for the company in a research report on Monday. Wedbush reaffirmed an "outperform" rating and set a $600.00 price objective on shares of Tesla in a report on Friday, March 27th. Tigress Financial assumed coverage on Tesla in a report on Thursday, February 12th. They issued a "buy" rating and a $550.00 target price for the company. China Renaissance upped their target price on Tesla from $380.00 to $382.00 and gave the company a "hold" rating in a research report on Monday, February 2nd. Finally, Stifel Nicolaus set a $508.00 price target on Tesla in a research note on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $399.44.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: UBS upgraded TSLA to Neutral from Sell, arguing current shares better balance near‑term demand headwinds with the long‑term AI/robotics opportunity; the note helped lift the stock. Read More.
• Positive Sentiment: Dutch approval for Tesla’s supervised FSD and notification to the European Commission opens a clear path toward broader EU rollout — regulatory wins accelerate monetization and are a visible catalyst for autonomy optimism. Read More.
• Positive Sentiment: Reports say Tesla is exploring using its Shanghai Gigafactory to scale production of the Optimus robot — if true, leveraging China volume to lower unit costs would materially de‑risk the robotics/robotaxi story. Read More.
• Neutral Sentiment: Upcoming earnings (April 22) are a near‑term catalyst — expectations are mixed, so the report could swing sentiment either way depending on delivery trends and commentary on autonomy/Optimus. Read More.
• Neutral Sentiment: Product and marketing moves (e.g., limited‑edition Model S/X 'Signature' restrictions and other promotions) are generating headlines and short‑term demand/PR effects but are unlikely to change fundamentals alone. Read More.
• Negative Sentiment: Delivery shortfalls, weakening China demand and margin pressure remain material risks; some houses (e.g., JP Morgan scenarios cited) still model very large downside, keeping valuation risk high. Read More.
• Negative Sentiment: Even with upgrades, analysts warn of continued volatility — UBS itself and others note slow robo‑taxi/Optimus commercialization and execution risk, so expect bumpy trading around catalysts. Read More.

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.

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