Intech Investment Management LLC Buys 41,982 Shares of Tesla, Inc. $TSLA

Key Points

• Intech Investment Management increased its Tesla stake by 14.4% in the fourth quarter, buying 41,982 additional shares and bringing its total holding to 333,496 shares worth about $150 million.
• Institutional ownership of Tesla remains high at 66.2%, and several other hedge funds also recently added small stakes in the company.
• Tesla reported quarterly EPS of $0.41, beating estimates, while revenue came in below expectations; the stock was also trading near $442.10 after a modest gain.

Intech Investment Management LLC raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 14.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 333,496 shares of the electric vehicle producer's stock after purchasing an additional 41,982 shares during the period. Tesla accounts for 1.3% of Intech Investment Management LLC's portfolio, making the stock its 8th largest holding. Intech Investment Management LLC's holdings in Tesla were worth $149,980,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new position in Tesla during the fourth quarter valued at approximately $26,000. Davidson Capital Management Inc. boosted its position in shares of Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 27 shares during the period. Turning Point Benefit Group Inc. bought a new stake in shares of Tesla in the third quarter valued at approximately $30,000. Prism Advisors Inc. bought a new stake in shares of Tesla in the fourth quarter valued at approximately $30,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in shares of Tesla in the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Stock Up 0.4%

Shares of TSLA stock opened at $442.10 on Friday. The stock has a market cap of $1.66 trillion, a P/E ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79. Tesla, Inc. has a one year low of $273.21 and a one year high of $498.83. The stock has a fifty day moving average price of $390.98 and a 200 day moving average price of $416.27. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping 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 firm 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. Tesla's quarterly revenue was up 15.8% compared to the same quarter last year. Analysts predict that Tesla, Inc. will post 1.2 earnings per share for the current year.

Tesla News Roundup

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.

Insider Buying and Selling at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction 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. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 57,482 shares of company stock valued at $21,508,331 over the last quarter. Corporate insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Cantor Fitzgerald reissued an "overweight" rating and issued a $510.00 price objective on shares of Tesla in a research report on Wednesday, April 22nd. The Goldman Sachs Group reissued a "neutral" rating on shares of Tesla in a research report on Thursday, April 23rd. Wells Fargo & Company reduced their price objective on Tesla from $130.00 to $125.00 and set an "underweight" rating for the company in a research report on Thursday, January 29th. Glj Research reissued a "sell" rating on shares of Tesla in a research report on Tuesday, April 21st. Finally, Robert W. Baird reduced their price objective on Tesla from $538.00 to $522.00 and set an "outperform" rating for the company in a research report on Friday, April 24th. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has an average rating of "Hold" and an average target price of $395.20.

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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