KBC Group NV Has $427.96 Million Stock Position in Tesla, Inc. $TSLA

Key Points

• KBC Group NV reduced its Tesla stake by 11.1% in the first quarter, but still held 1,151,214 shares worth about $427.96 million at quarter-end.
• Other institutional investors also adjusted their Tesla positions, and the filing notes that 66.2% of Tesla shares are owned by institutions and hedge funds.
• Tesla insiders have been selling shares recently, including CFO Vaibhav Taneja and Director Kathleen Wilson-Thompson, while analysts remain split with a consensus rating of Hold and an average price target of $408.07.

KBC Group NV decreased its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 11.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,151,214 shares of the electric vehicle producer's stock after selling 143,358 shares during the period. Tesla makes up 1.1% of KBC Group NV's holdings, making the stock its 10th biggest holding. KBC Group NV's holdings in Tesla were worth $427,964,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Crestwood Advisors Group LLC increased its stake in shares of Tesla by 34.7% in the 4th quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer's stock valued at $8,799,000 after acquiring an additional 5,039 shares in the last quarter. Calamos Wealth Management LLC boosted its stake in Tesla by 5.9% during the fourth quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer's stock worth $18,846,000 after acquiring an additional 2,341 shares in the last quarter. Private Capital Advisors Inc. boosted its stake in Tesla by 139.3% during the fourth quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer's stock worth $9,593,000 after acquiring an additional 12,417 shares in the last quarter. Wealthquest Corp acquired a new stake in Tesla in the fourth quarter worth $1,035,000. Finally, Knights of Columbus Asset Advisors LLC increased its stake in Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer's stock valued at $28,998,000 after purchasing an additional 16,652 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer owned 22,039 shares in the company, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 firm's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 32,015 shares of company stock valued at $12,383,640. Company insiders own 19.90% of the company's stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TSLA shares. Robert W. Baird dropped their price objective on shares of Tesla from $538.00 to $522.00 and set an "outperform" rating on the stock in a report on Friday, April 24th. Glj Research reaffirmed a "sell" rating on shares of Tesla in a research report on Friday, June 12th. Tigress Financial began coverage on Tesla in a research note on Monday, April 27th. They set a "buy" rating on the stock. Truist Financial increased their price target on Tesla from $400.00 to $430.00 and gave the stock a "hold" rating in a report on Thursday, July 2nd. Finally, BNP Paribas Exane cut Tesla from a "hold" rating to an "underperform" rating in a research note on Friday, June 5th. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $408.07.

Tesla Stock Performance

Shares of Tesla stock opened at $380.79 on Monday. The business has a 50 day moving average price of $409.41 and a 200-day moving average price of $405.63. Tesla, Inc. has a 52 week low of $297.82 and a 52 week high of $498.83. The company has a market cap of $1.43 trillion, a PE ratio of 349.35, a price-to-earnings-growth ratio of 13.08 and a beta of 1.80. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 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 business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same period in the prior year, the firm posted $0.27 EPS. Tesla's quarterly revenue was up 15.8% compared to the same quarter last year. Equities analysts anticipate that Tesla, Inc. will post 1.34 earnings per share for the current fiscal year.

About Tesla

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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