Ilmarinen Mutual Pension Insurance Co Sells 5,500 Shares of Tesla, Inc. $TSLA

Key Points

• Ilmarinen Mutual Pension Insurance Co reduced its Tesla stake by 1.2% in the fourth quarter, selling 5,500 shares and ending with 459,500 shares valued at about $206.6 million.
• Several other large institutional investors also adjusted their positions, while overall institutional ownership remains high at 66.2% of Tesla shares.
• Tesla insiders recently sold stock as well, including CFO Vaibhav Taneja and director Kathleen Wilson-Thompson, even as analysts remain split on the stock with a consensus Hold rating and a $395.20 price target.

Ilmarinen Mutual Pension Insurance Co lowered its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 1.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 459,500 shares of the electric vehicle producer's stock after selling 5,500 shares during the quarter. Tesla accounts for about 1.6% of Ilmarinen Mutual Pension Insurance Co's investment portfolio, making the stock its 11th largest position. Ilmarinen Mutual Pension Insurance Co's holdings in Tesla were worth $206,646,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TSLA. Vanguard Group Inc. increased its position in Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock worth $116,443,762,000 after acquiring an additional 6,538,720 shares during the period. Holocene Advisors LP grew its position in Tesla by 132.2% in the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock worth $2,738,141,000 after purchasing an additional 3,505,000 shares during the last quarter. Capital World Investors increased its holdings in shares of Tesla by 5.8% during the 3rd quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer's stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new position in shares of Tesla during the fourth quarter valued at about $748,084,000. Finally, SG Americas Securities LLC grew its position in Tesla by 788.2% during the fourth quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer's stock worth $551,598,000 after buying an additional 1,088,437 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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 the business's stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. The trade was 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 a total of 57,482 shares of company stock valued at $21,508,331 over the last three months. 19.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

TSLA has been the subject of several recent research reports. Roth Mkm reaffirmed a "buy" rating on shares of Tesla in a report on Thursday, April 23rd. Mizuho cut their target price on Tesla from $540.00 to $480.00 and set an "outperform" rating for the company in a research note on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Tesla in a research report on Monday, April 27th. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a report on Thursday, April 23rd. Finally, TD Cowen reaffirmed a "buy" rating and set a $490.00 price objective on shares of Tesla in a report on Thursday, April 23rd. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $395.20.

Tesla Stock Performance

Shares of NASDAQ:TSLA opened at $442.10 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The business's fifty day moving average price is $390.98 and its two-hundred day moving average price is $416.27. Tesla, Inc. has a fifty-two week low of $273.21 and a fifty-two week high of $498.83. The stock has a market capitalization of $1.66 trillion, a price-to-earnings ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79.

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 analysts' consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same period last year, the business earned $0.27 earnings per share. The business's revenue was up 15.8% on a year-over-year basis. As a group, analysts predict that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s European sales rebound is providing tangible evidence of improving EV demand and helping restore confidence in the core auto business.
• Positive Sentiment: Approval of Full Self-Driving (Supervised) in Lithuania supports the long-term autonomous-driving narrative and signals continued regulatory expansion in Europe.
• Positive Sentiment: Investor enthusiasm around robotaxi, AI, and Optimus remains a major sentiment tailwind for TSLA, even before new product details are fully released.
• Neutral Sentiment: Reports and commentary about a possible Tesla-SpaceX merger are generating speculation, but the idea is still unconfirmed and mostly affects sentiment rather than current fundamentals.
• Negative Sentiment: Analysts warn that Tesla’s Terafab chip project and broader AI ambitions face execution risks, including talent shortages and tight timelines.
• Negative Sentiment: Some coverage also highlights concerns about insider selling, valuation, and the company’s dependence on future AI monetization to justify the stock’s premium.

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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