One Capital Management LLC Trims Stock Holdings in Tesla, Inc. $TSLA

Key Points

• One Capital Management LLC trimmed its Tesla stake by 6.6% in the fourth quarter, selling 2,719 shares and leaving it with 38,738 shares valued at about $17.4 million.
• Insider selling continued, with CFO Vaibhav Taneja and Director Kathleen Wilson-Thompson both reducing their holdings; insiders sold a total of 57,482 shares over the last 90 days.
• Tesla’s latest quarterly results showed earnings beat expectations with EPS of $0.41, though revenue came in slightly below estimates; analysts currently have a consensus Hold rating with an average target price of $395.20.

One Capital Management LLC decreased its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,738 shares of the electric vehicle producer's stock after selling 2,719 shares during the quarter. One Capital Management LLC's holdings in Tesla were worth $17,421,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Networth Advisors LLC purchased a new stake in shares of Tesla during the fourth quarter worth about $26,000. Chapman Financial Group LLC purchased a new stake in shares of Tesla during the second quarter worth about $26,000. Davidson Capital Management Inc. grew its position in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares in the last quarter. Prism Advisors Inc. purchased a new stake in shares of Tesla during the fourth quarter worth about $30,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla during the third quarter worth about $30,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the firm'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 completion of the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 that occurred on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value 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. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 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.

Tesla Price Performance

NASDAQ:TSLA opened at $415.88 on Tuesday. The firm has a market capitalization of $1.56 trillion, a price-to-earnings ratio of 381.54, a PEG ratio of 17.21 and a beta of 1.80. Tesla, Inc. has a 1 year low of $273.21 and a 1 year high of $498.83. The business has a 50 day simple moving average of $392.55 and a 200-day simple moving average of $416.03. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion during 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 company's revenue for the quarter was up 15.8% on a year-over-year basis. During the same period last year, the company earned $0.27 EPS. Equities analysts forecast that Tesla, Inc. will post 1.2 EPS for the current year.

Analysts Set New Price Targets

TSLA has been the subject of several research analyst reports. China Renaissance cut their target price on Tesla from $382.00 to $372.00 and set a "hold" rating for the company in a research report on Monday, April 27th. Barclays reiterated a "neutral" rating on shares of Tesla in a research report on Wednesday, May 13th. Weiss Ratings restated a "hold (c-)" rating on shares of Tesla in a report on Friday, April 24th. Cantor Fitzgerald restated an "overweight" rating on shares of Tesla in a report on Monday. Finally, BNP Paribas Exane upgraded Tesla from an "underperform" rating to a "neutral" rating in a report on Monday, April 27th. Nineteen 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 $395.20.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported a sharp rebound in several European markets, including a 655% jump in registrations in France and more than a doubling of sales in Spain and Portugal, which supports the view that demand is recovering outside the U.S. Reuters: Tesla May registrations jump in several European markets as recovery continues
• Positive Sentiment: Prediction markets are now pricing in a better chance that Tesla could beat second-quarter delivery expectations after the strong European registration data, which could help sentiment ahead of the next delivery report. Benzinga: Tesla Registrations Surge 655% In France
• Positive Sentiment: Tesla backed off its termination threat in the Australian graphite supply dispute with Syrah Resources, reducing near-term supply-chain risk for battery materials. Reuters: Tesla withdraws termination notice on graphite supply deal with Australia's Syrah
• Neutral Sentiment: Market commentary is increasingly focused on Tesla’s relationship to Elon Musk’s broader empire, with SpaceX IPO and merger chatter creating uncertainty about whether Tesla’s valuation will benefit from or be diluted by future corporate combinations. Fortune: A SpaceX-Tesla union would mark the largest merger of all time
• Neutral Sentiment: Analysts also pointed out that Tesla still screens as overvalued on traditional metrics, reinforcing the stock’s sensitivity to growth expectations rather than current earnings power. GuruFocus: Tesla Inc Stock Down 4.6% but Still Overvalued
• Negative Sentiment: TSLA is being hit by rising competition in AI and robotics, especially after OpenAI moved into humanoid robots and Nvidia executives highlighted robotics ambitions, which investors see as a challenge to Tesla’s Optimus narrative. TipRanks: Tesla Stock Falls on Robo Attack from Nvidia and OpenAI
• Negative Sentiment: Tesla’s China EV backdrop also looks tougher, with rival NIO posting a strong May delivery surge and BYD showing enough momentum to pressure Tesla’s competitive position in key global markets. 247WallSt: NIO Soars 7% ... Tesla Sinks ... as China EV Battle Intensifies

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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