Factory Mutual Insurance Co. Lowers Stock Position in Tesla, Inc. $TSLA

Key Points

• Factory Mutual Insurance Co. trimmed its stake in Tesla by 2.5% in Q4, selling 6,850 shares and finishing the quarter with 262,550 shares valued at $118,074,000 (about 1.2% of its holdings and its 19th-largest position).
• Analysts are mixed: the consensus rating is "Hold" with a $400.01 target, while firms range from sell calls (Phillip Securities cut its target to $215; JPMorgan reiterated sell) to buy ratings (Canaccord set a $420 target).
• Near-term catalysts are conflicted — European approvals and a surge in German registrations support the bull case, but Q1 delivery misses, China retail weakness, and recent insider selling are weighing on sentiment ahead of April 22 earnings.

Factory Mutual Insurance Co. reduced its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,550 shares of the electric vehicle producer's stock after selling 6,850 shares during the period. Tesla makes up approximately 1.2% of Factory Mutual Insurance Co.'s holdings, making the stock its 19th largest holding. Factory Mutual Insurance Co.'s holdings in Tesla were worth $118,074,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Ritholtz Wealth Management lifted its stake in shares of Tesla by 10.2% in the 4th quarter. Ritholtz Wealth Management now owns 59,116 shares of the electric vehicle producer's stock valued at $26,586,000 after purchasing an additional 5,450 shares in the last quarter. Diversify Advisory Services LLC lifted its stake in shares of Tesla by 35.1% in the 4th quarter. Diversify Advisory Services LLC now owns 43,158 shares of the electric vehicle producer's stock valued at $18,882,000 after purchasing an additional 11,222 shares in the last quarter. Carnegie Investment Counsel lifted its stake in shares of Tesla by 1.2% in the 4th quarter. Carnegie Investment Counsel now owns 16,242 shares of the electric vehicle producer's stock valued at $7,304,000 after purchasing an additional 195 shares in the last quarter. Networth Advisors LLC acquired a new position in shares of Tesla in the 4th quarter valued at about $26,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Tesla by 16.8% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 212,000 shares of the electric vehicle producer's stock valued at $95,341,000 after purchasing an additional 30,494 shares in the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Phillip Securities reduced their target price on shares of Tesla from $220.00 to $215.00 and set a "sell" rating on the stock in a report on Monday, February 2nd. JPMorgan Chase & Co. restated a "sell" rating on shares of Tesla in a report on Tuesday, April 7th. Benchmark restated a "buy" rating on shares of Tesla in a report on Wednesday, February 11th. Glj Research restated a "sell" rating on shares of Tesla in a report on Monday, March 30th. Finally, Canaccord Genuity Group restated a "buy" rating and set a $420.00 target price on shares of Tesla in a report on Monday, April 6th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $400.01.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Dutch regulators approved Tesla’s driver‑assistance system for supervised use on highways and city streets in the Netherlands — a first regulatory sign‑off in Europe that supports Tesla’s autonomy narrative and EU expansion plans. Tesla's self-driving software gets Dutch go-ahead
• Positive Sentiment: Germany registrations surged ~315% year‑over‑year in March (record 9,252 units), signaling demand recovery in Europe’s largest auto market that could help offset other regional weakness. What Drove Tesla Germany's 315% Y/Y Surge in March Registrations?
• Positive Sentiment: Large institutional buying from ARK Invest / Cathie Wood continues during the pullback, providing a retail/institutional demand floor that can reduce downside volatility. Cathie Wood Doubles Down on Tesla
• Neutral Sentiment: Tesla is reportedly developing a smaller, lower‑cost compact SUV — a potential volume driver over time but one that may pressure margins if executed. Investors view this as a strategic shift that could help long‑term growth but adds execution risk. Tesla's lower-cost EV plan seen boosting volume, risking margins
• Neutral Sentiment: Upcoming Q1 earnings (April 22) are the next major catalyst — results and management commentary on deliveries, margins, energy, and autonomy progress will likely drive near‑term moves. Tesla Earnings Preview
• Neutral Sentiment: Retail investors are buying the dip according to some data vendors — this can create short-lived support but may not offset institutional selling if fundamentals disappoint. Vanda Research Says Retail Investors are Buying the Tesla Stock Dip
• Negative Sentiment: Tesla missed Q1 delivery and production expectations (deliveries ~358K vs. est. ~365.6K; production also below forecasts), creating inventory/backlog concerns that are pressuring sentiment. Tesla stock slips as delivery miss and risks weigh on sentiment
• Negative Sentiment: China retail sales declined (~16% in Q1) despite wholesale increases, highlighting regional demand divergence and a potential headwind to global volumes. Tesla's China Retail Sales Decline 16% In Q1
• Negative Sentiment: Analyst skepticism is rising — JPMorgan reiterated a Sell and other firms (including GLJ Research) have flagged dramatic downside; mixed analyst views increase volatility and can amplify downward moves. JPMorgan Reiterates Sell Rating for Tesla
• Negative Sentiment: Technical damage (recent “death cross,” multi‑week losing streak) and rising competition in autonomy/robotaxi space are eroding momentum; absent strong earnings or autonomy progress, further downside is possible. Tesla’s ‘Death Cross’ Flashed Again

Tesla Stock Performance

Shares of TSLA stock opened at $348.79 on Friday. Tesla, Inc. has a 12 month low of $222.79 and a 12 month high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The firm has a market capitalization of $1.31 trillion, a P/E ratio of 322.95, a P/E/G ratio of 10.54 and a beta of 1.91. The company's fifty day moving average price is $392.91 and its two-hundred day moving average price is $424.81.

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

Insiders Place Their Bets

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

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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