Jupiter Asset Management Ltd. Sells 35,232 Shares of Tesla, Inc. $TSLA

Key Points

• Jupiter Asset Management reduced its Tesla stake by 14.6% in the fourth quarter, selling 35,232 shares and ending with 205,795 shares valued at about $92.6 million.
• Tesla continues to draw mixed sentiment from investors and analysts, with upbeat headlines around European sales recovery, FSD expansion, and robotaxi/AI optimism offset by concerns about execution risks, valuation, and insider selling.
• The stock is trading near $442, and Tesla recently beat quarterly EPS estimates but came in slightly below revenue expectations; Wall Street’s consensus rating remains Hold with a $395.20 average price target.

Jupiter Asset Management Ltd. cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 14.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 205,795 shares of the electric vehicle producer's stock after selling 35,232 shares during the quarter. Jupiter Asset Management Ltd.'s holdings in Tesla were worth $92,550,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSLA. Networth Advisors LLC acquired a new stake in shares of Tesla in the 4th quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in Tesla during the 2nd quarter worth approximately $26,000. Davidson Capital Management Inc. boosted its holdings in Tesla by 79.4% in the fourth 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 in the last quarter. Prism Advisors Inc. acquired a new stake in Tesla in the fourth quarter valued at approximately $30,000. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of Tesla during the third quarter valued at approximately $30,000. 66.20% of the stock is owned by institutional investors.

Key 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 Stock Up 0.4%

Tesla stock opened at $442.10 on Friday. Tesla, Inc. has a fifty-two week low of $273.21 and a fifty-two week high of $498.83. 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 firm's 50-day simple moving average is $390.98 and its 200 day simple moving average is $416.27. The stock has a market cap of $1.66 trillion, a PE 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 posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the business posted $0.27 EPS. The company's revenue for the quarter was up 15.8% on a year-over-year basis. Research analysts predict that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The SEC filing for this sale provides additional information. 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 worth $21,508,331 over the last quarter. 19.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TSLA. Tigress Financial initiated coverage on Tesla in a report on Monday, April 27th. They issued a "buy" rating on the stock. Wedbush restated an "outperform" rating and set a $600.00 price objective on shares of Tesla in a report on Tuesday, April 21st. China Renaissance reduced their price objective on shares of Tesla from $382.00 to $372.00 and set a "hold" rating for the company in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Tesla in a research report on Monday, April 27th. Finally, Truist Financial dropped their price target on shares of Tesla from $438.00 to $400.00 and set a "hold" rating on the stock in a research report on Thursday, April 2nd. Nineteen equities research 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. According to data from MarketBeat, Tesla has a consensus rating of "Hold" and a consensus price target of $395.20.

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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