Northwestern Mutual Wealth Management Co. Has $145.46 Million Position in Tesla, Inc. $TSLA

Key Points

• Northwestern Mutual Wealth Management increased its Tesla stake by 4.4% in the fourth quarter, bringing its holdings to 323,439 shares valued at about $145.46 million.
• Insider selling continued, with director Kathleen Wilson-Thompson and CFO Vaibhav Taneja both selling shares recently; insiders have sold 57,482 shares worth about $21.5 million over the last 90 days.
• Tesla posted Q1 revenue of $22.39 billion, missing Wall Street estimates but still rising 15.8% year over year, while EPS of $0.41 topped expectations. Analysts remain split overall, with the stock carrying a consensus rating of Hold and an average price target of $395.20.

Northwestern Mutual Wealth Management Co. boosted its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 323,439 shares of the electric vehicle producer's stock after acquiring an additional 13,502 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Tesla were worth $145,457,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Crestwood Advisors Group LLC raised its holdings in shares of Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer's stock valued at $8,799,000 after buying an additional 5,039 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in shares of Tesla by 29.6% in the third quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer's stock valued at $14,487,000 after buying an additional 7,446 shares during the last quarter. China Universal Asset Management Co. Ltd. raised its holdings in shares of Tesla by 8.8% in the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer's stock valued at $21,571,000 after buying an additional 3,935 shares during the last quarter. Calamos Wealth Management LLC increased its holdings in shares of Tesla by 5.9% in the fourth quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer's stock valued at $18,846,000 after purchasing an additional 2,341 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its holdings in shares of Tesla by 26.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer's stock valued at $8,019,000 after purchasing an additional 3,724 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Activity

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction that occurred 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 owned 48,399 shares of the company's stock, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 company's stock in a transaction that occurred 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 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 valued at $21,508,331 over the last ninety days. 19.90% of the stock is owned by insiders.

Tesla Price Performance

Shares of TSLA stock opened at $442.10 on Friday. Tesla, Inc. has a 12-month low of $273.21 and a 12-month high of $498.83. The firm has a market capitalization of $1.66 trillion, a price-to-earnings ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average of $390.98 and a 200-day moving average of $416.27.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $22.96 billion. During the same period in the prior year, the business earned $0.27 EPS. Tesla's revenue for the quarter was up 15.8% compared to the same quarter last year. On average, equities research analysts forecast that Tesla, Inc. will post 1.2 earnings per share for the current year.

Trending Headlines about Tesla

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.

Wall Street Analysts Forecast Growth

TSLA has been the subject of a number of research reports. Piper Sandler reissued an "overweight" rating on shares of Tesla in a report on Thursday, January 29th. Tigress Financial began coverage on shares of Tesla in a report on Monday, April 27th. They issued a "buy" rating for the company. HSBC began coverage on Tesla in a report on Monday, April 27th. They set a "buy" rating for the company. TD Cowen reissued a "buy" rating and set a $490.00 price objective on shares of Tesla in a report on Thursday, April 23rd. Finally, Needham & Company LLC reissued a "hold" rating on shares of Tesla in a report on Thursday, April 23rd. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average 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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