National Pension Service Decreases Stock Holdings in Tesla, Inc. $TSLA

Key Points

• National Pension Service trimmed its Tesla stake by 0.2% in the fourth quarter, selling 8,786 shares and leaving it with 5,672,777 shares worth about $2.55 billion. Tesla remained its 11th-largest holding, making up roughly 1.9% of the portfolio.
• Other large institutional investors also shifted positions, with firms like Vanguard and Holocene Advisors increasing exposure while overall institutional ownership stayed high at 66.20%.
• Analysts remain cautious on Tesla overall, with a consensus rating of Hold and an average price target of $395.20, even as the company recently beat EPS estimates and posted 15.8% revenue growth year over year.

National Pension Service reduced its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,672,777 shares of the electric vehicle producer's stock after selling 8,786 shares during the period. Tesla comprises approximately 1.9% of National Pension Service's portfolio, making the stock its 11th largest position. National Pension Service owned approximately 0.15% of Tesla worth $2,551,161,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of TSLA. Vanguard Group Inc. lifted its position in shares of Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares during the last quarter. Holocene Advisors LP lifted its position in shares of Tesla by 132.2% during 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 lifted its position 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 last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Tesla during the 4th quarter worth $748,084,000. Finally, SG Americas Securities LLC lifted its position in shares of Tesla by 788.2% during the 4th quarter. SG Americas Securities LLC now owns 1,226,536 shares of the electric vehicle producer's stock worth $551,598,000 after purchasing an additional 1,088,437 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the company's stock in a transaction dated 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 sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 company'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 completion of the sale, the director directly owned 48,399 shares of the company's stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 57,482 shares of company stock valued at $21,508,331 over the last ninety days. Corporate insiders own 19.90% of the company's stock.

Wall Street Analysts Forecast Growth

TSLA has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research report on Thursday, April 23rd. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the company an "equal weight" rating in a research report on Thursday, January 29th. Stifel Nicolaus set a $508.00 price target on shares of Tesla in a research report on Thursday, January 29th. China Renaissance reduced their price target on shares of Tesla from $382.00 to $372.00 and set a "hold" rating for the company in a research report on Monday, April 27th. Finally, BNP Paribas Exane raised shares of Tesla from an "underperform" rating to a "neutral" rating in a research report on Monday, April 27th. 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 stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $395.20.

Tesla Price Performance

Shares of TSLA opened at $442.10 on Friday. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83. 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. 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 firm has a fifty day moving average price of $390.98 and a 200 day moving average price of $416.27.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $22.96 billion. During the same period in the previous year, the company earned $0.27 earnings per share. Tesla's quarterly revenue was up 15.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that Tesla, Inc. will post 1.2 EPS for the current year.

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.

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.

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.