Bokf Na Reduces Stake in Tesla, Inc. $TSLA

Key Points

• Bokf Na reduced its stake in Tesla by 9.4% in Q4, selling 6,475 shares and now holding 62,230 shares valued at about $27.99 million.
• Significant insider selling occurred last quarter—insiders sold 80,213 shares worth ~$30.85 million, including a ~26,409‑share sale by a director (executed under a 10b5‑1 plan)—which could weigh on near‑term sentiment.
• Analyst and earnings update: Tesla's consensus rating is "Hold" with an average target of $398.42; the company slightly beat EPS ($0.41 vs. $0.39) but missed revenue expectations ($22.39B vs. $22.96B) for the quarter.

Bokf Na reduced its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,230 shares of the electric vehicle producer's stock after selling 6,475 shares during the quarter. Bokf Na's holdings in Tesla were worth $27,986,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Networth Advisors LLC acquired a new position in shares of Tesla in the 4th quarter worth approximately $26,000. Chapman Financial Group LLC acquired a new position in shares of Tesla in the 2nd quarter worth approximately $26,000. Davidson Capital Management Inc. lifted its holdings in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after acquiring an additional 27 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in Tesla during the 3rd quarter valued at about $29,000. Finally, Prism Advisors Inc. purchased a new position in Tesla during the 4th quarter valued at about $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on TSLA. Jefferies Financial Group restated a "neutral" rating on shares of Tesla in a report on Wednesday, April 22nd. DZ Bank upgraded Tesla from a "sell" rating to a "hold" rating and set a $385.00 target price for the company in a report on Friday, April 24th. The Goldman Sachs Group reiterated a "neutral" rating on shares of Tesla in a research note on Thursday, April 23rd. Bank of America initiated coverage on Tesla in a research note on Wednesday, March 4th. They set a "buy" rating and a $460.00 target price for the company. Finally, New Street Research lifted their price target on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. Nineteen research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Tesla presently has an average rating of "Hold" and an average target price of $398.42.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the company'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 directly 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value 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 ownership of the stock. 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 80,213 shares of company stock worth $30,851,105 over the last quarter. 19.90% of the stock is currently owned by company insiders.

Tesla Stock Down 0.8%

TSLA opened at $389.41 on Wednesday. The business's fifty day moving average is $382.65 and its two-hundred day moving average is $418.78. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The company has a market cap of $1.46 trillion, a price-to-earnings ratio of 357.26, a PEG ratio of 14.94 and a beta of 1.79. Tesla, Inc. has a one year low of $271.00 and a one year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same period in the prior year, the business earned $0.27 earnings per share. The business's revenue was up 15.8% on a year-over-year basis. Analysts anticipate that Tesla, Inc. will post 1.25 EPS for the current fiscal year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large commercial order: WattEV awarded 370 Tesla Semis for a California freight network — a material fleet deployment that validates Semi demand and supports recurring charging/maintenance revenue assumptions. WattEV to deploy 370 Tesla Semis, launching largest electric-freight network connecting Northern and Central California
• Positive Sentiment: European recovery pockets: registrations rose sharply in Sweden, France, Denmark and the Netherlands in April, helping the revenue outlook outside the U.S. Tesla's European rebound continues in April despite decline in Norway and Spain
• Positive Sentiment: Brand loyalty remains strong in the U.S., supporting repeat demand and aftermarket/service revenue stability. Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says 'Once You Drive A Tesla…'
• Neutral Sentiment: FSD approval process — mixed implications: Netherlands clearance and interest from Belgium/Flanders broaden the addressable market for supervised FSD, but EU hearings and national caution mean rollout timing and scope remain uncertain. European FSD Decisions Test Tesla Valuation And Software Growth Hopes
• Neutral Sentiment: Symbolic FSD/drive‑mile milestones and PR wins keep the AI/autonomy narrative alive, but regulators and mapping/edge‑case work mean milestones don't translate to immediate revenue. Tesla just hit a ‘symbolic' self-driving milestone. Real-world success will be tougher.
• Neutral Sentiment: High‑profile legal/news items and AI narrative overlap (e.g., OpenAI/Musk trial references) may influence sentiment around Musk/leadership but are not direct operational drivers for Tesla today. OpenAI trial: Brockman rebuts Musk's take on startup's history, recounts secret work for Tesla
• Negative Sentiment: Insider selling: a Tesla director executed sizable, pre‑arranged sales (~26k shares), which can weigh on near‑term sentiment even if under a 10b5‑1 plan. Insider sale SEC filing
• Negative Sentiment: Cash flow and spending risk: analysts note Tesla's free cash flow turned negative as the company ramps investment in FSD, robotics and energy — increasing near‑term margin and FCF pressure. Tesla's Free Cash Flow Goes Negative as It Doubles Down on FSD, Robotics, and Energy
• Negative Sentiment: Product and governance questions: reports showing weak public Cybertruck sales (and a notable share delivered to Musk‑related companies) add demand visibility concerns and potential governance scrutiny. How many Cybertrucks has Tesla sold to the public? Fewer than you might think
• Negative Sentiment: EU regulator skepticism: internal records show some European regulators remain skeptical of Tesla's automated‑driving safety claims, raising the risk of tighter oversight or limits on FSD features in key markets. Tesla faces EU skepticism over automated-driving tech, records show

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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