Meiji Yasuda America Inc Buys New Stake in Tesla, Inc. $TSLA

Key Points

• Meiji Yasuda America Inc. initiated a new Tesla position in the fourth quarter, buying 11,680 shares valued at about $5.25 million. Tesla now represents roughly 1.2% of the firm’s holdings.
• Institutional ownership in Tesla remains heavy, with hedge funds and other investors holding about 66.2% of the company. Several large managers, including Vanguard and Norges Bank, also added or established significant stakes recently.
• Tesla insiders have been selling shares recently, including CFO Vaibhav Taneja and Director Kathleen Wilson-Thompson. Over the last 90 days, insiders sold a total of 57,824 shares worth about $21.7 million.

Meiji Yasuda America Inc bought a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,680 shares of the electric vehicle producer's stock, valued at approximately $5,253,000. Tesla makes up approximately 1.2% of Meiji Yasuda America Inc's holdings, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Tesla during the 4th quarter worth $17,128,100,000. Vanguard Group Inc. grew its position in shares of Tesla by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock valued at $116,443,762,000 after purchasing an additional 6,538,720 shares during the period. Holocene Advisors LP increased its stake in Tesla by 132.2% in the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock valued at $2,738,141,000 after purchasing an additional 3,505,000 shares during the last quarter. Capital World Investors increased its stake in Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer's stock valued at $19,583,547,000 after purchasing an additional 2,403,019 shares during the last quarter. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in Tesla during the fourth quarter worth about $748,084,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Insider Buying and Selling at Tesla

In related news, 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 directly owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 stock in a transaction 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. This trade represents 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 sold a total of 57,824 shares of company stock worth $21,657,588 over the last ninety days. Corporate insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on TSLA shares. Robert W. Baird lowered their price target on Tesla from $538.00 to $522.00 and set an "outperform" rating for the company in a report on Friday, April 24th. Roth Mkm restated a "buy" rating on shares of Tesla in a report on Thursday, April 23rd. The Goldman Sachs Group assumed coverage on Tesla in a report on Friday, June 5th. They issued a "buy" rating for the company. BNP Paribas Exane cut Tesla from a "hold" rating to an "underperform" rating in a report on Friday, June 5th. Finally, Tigress Financial assumed coverage on Tesla in a report on Monday, April 27th. They issued a "buy" rating for the company. Twenty-two research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $404.37.

Tesla Trading Up 4.6%

Shares of TSLA opened at $399.15 on Friday. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $1.50 trillion, a P/E ratio of 366.19, a price-to-earnings-growth ratio of 15.29 and a beta of 1.80. The stock's fifty day simple moving average is $397.84 and its 200 day simple moving average is $416.08. Tesla, Inc. has a twelve month low of $288.77 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business's quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the company posted $0.27 EPS. On average, equities research analysts forecast that Tesla, Inc. will post 1.19 earnings per share for the current year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla secured approval to expand Full Self-Driving in Belgium, adding momentum to its European autonomy rollout and supporting the long-term software revenue story.
• Positive Sentiment: Coverage of Tesla’s Austin robotaxi rollout and improving analyst views on autonomy are strengthening the bull case for future AI-driven growth.
• Positive Sentiment: SpaceX IPO excitement may be reducing some of the recent selling pressure on TSLA as investors reassess Musk-related capital rotation.
• Neutral Sentiment: Analyst commentary remains split on valuation, with bulls focused on autonomy and robotics while bears argue Tesla still looks expensive versus current earnings.
• Neutral Sentiment: Tesla CFO Vaibhav Taneja’s recent share sale was disclosed as tax withholding tied to equity awards, which is typically a routine insider transaction.
• Negative Sentiment: Some articles noted that TSLA remains volatile as traders weigh whether SpaceX hype is distracting from Tesla’s core EV business and execution.

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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