Pitcairn Co. Has $5.66 Million Holdings in Tesla, Inc. $TSLA

Key Points

• Pitcairn Co. trimmed its Tesla stake by 9.4% to 12,718 shares worth about $5,656,000, while other institutions (notably Perennial Investment Advisors) materially increased positions; institutional investors now own ~66.2% of TSLA.
• Analyst coverage is mixed — Tesla's consensus rating is "Hold" with an average price target of $406.84, but individual targets range widely (roughly $145 to $510) and Bank of America recently reinstated a Buy at $460.
• Insiders have been net sellers (145,188 shares worth ~$64.2M over 90 days, including sales by the CFO and Kimbal Musk), and near‑term risks cited include the NHTSA FSD data submission deadline on March 9 and regional sales weakness (UK deliveries down ~37%).

Pitcairn Co. cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 9.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,718 shares of the electric vehicle producer's stock after selling 1,313 shares during the quarter. Pitcairn Co.'s holdings in Tesla were worth $5,656,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Perennial Investment Advisors LLC grew its stake in Tesla by 323.3% in the third quarter. Perennial Investment Advisors LLC now owns 120,869 shares of the electric vehicle producer's stock valued at $53,753,000 after purchasing an additional 92,317 shares in the last quarter. Smith Moore & CO. boosted its holdings in shares of Tesla by 3.6% in the 3rd quarter. Smith Moore & CO. now owns 9,161 shares of the electric vehicle producer's stock valued at $4,074,000 after buying an additional 319 shares during the last quarter. Integrated Quantitative Investments LLC grew its stake in shares of Tesla by 307.0% in the third quarter. Integrated Quantitative Investments LLC now owns 4,803 shares of the electric vehicle producer's stock valued at $2,136,000 after buying an additional 3,623 shares in the last quarter. Leeward Financial Partners LLC acquired a new position in Tesla during the third quarter worth $219,000. Finally, Mann Financial Group Inc. bought a new stake in Tesla during the third quarter worth $274,000. Institutional investors own 66.20% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on TSLA shares. JPMorgan Chase & Co. decreased their price objective on shares of Tesla from $150.00 to $145.00 and set an "underweight" rating for the company in a research report on Friday, January 30th. Bank of America assumed coverage on shares of Tesla in a research note on Wednesday. They issued a "buy" rating and a $460.00 target price for the company. Royal Bank Of Canada reissued an "outperform" rating and set a $500.00 price target on shares of Tesla in a research report on Thursday, January 29th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $510.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Finally, President Capital decreased their target price on Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a report on Friday, January 30th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have assigned a Sell rating to the company's stock. According to data from MarketBeat, Tesla currently has an average rating of "Hold" and an average price target of $406.84.

Insider Buying and Selling at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the business's stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 145,188 shares of company stock valued at $64,193,919. 19.90% of the stock is currently owned by insiders.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $405.39 on Friday. The firm has a market cap of $1.52 trillion, a P/E ratio of 375.36, a price-to-earnings-growth ratio of 14.45 and a beta of 1.89. The business's 50 day moving average is $426.74 and its 200-day moving average is $422.24. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 EPS. Equities research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reinstated coverage with a Buy rating and a $460 price target, highlighting Tesla’s leadership in consumer autonomy and robotaxi upside — a bullish call that lifted sentiment and prompted earlier buying interest. BofA bullish on Tesla
• Positive Sentiment: Mixed but improving Europe deliveries: Tesla reported stronger February registrations in several EU markets (notably France and Portugal), suggesting a potential regional rebound that supports revenue expectations if the trend continues. Tesla Reverses Sales Slump In Europe
• Neutral Sentiment: Elon Musk reiterated Tesla’s long‑term robotics/AI ambitions, claiming Optimus and related work could lead toward AGI in humanoid form — a high‑conviction, long‑horizon narrative that supports premium valuation assumptions but is speculative for near‑term earnings. Elon Musk: Tesla's Robots Could Reach AGI
• Neutral Sentiment: Major Tesla shareholder Leo KoGuan disclosed a large purchase of Nvidia shares; while not a Tesla trade, it signals some heavyweight holders reallocating into AI hardware, which can pull marginal flows away from high‑beta names like TSLA. Billionaire buys 1M Nvidia shares
• Negative Sentiment: Regulatory overhang: Tesla must submit detailed FSD data to the NHTSA by March 9 — a deadline investors view as binary for the autonomy narrative. A weak submission or escalating scrutiny would directly threaten the valuation premium tied to robotaxi/autonomy prospects. Tesla’s 2026 May Hinge on a March 9 Outcome
• Negative Sentiment: UK sales weakness: SMMT/Reuters data show a ~37% drop in Tesla UK deliveries in February, underscoring intensified competition from BYD and others — concrete sales softness that can pressure near‑term revenue and sentiment. Tesla UK car sales drop 37%
• Negative Sentiment: Analyst pressure: BNP Paribas/other firms have cut price targets (BNP to $280) and at least one downgrade is linked to recent pullbacks — analyst skepticism keeps downside risk on the table and can amplify selling if negative news hits. BNP Paribas cuts price target
• Negative Sentiment: Competitive threat from BYD: technical advances (faster charging/battery developments) and moves to expand into Canada/other markets pose longer‑term market‑share pressure that investors view as a structural risk to Tesla’s growth margins. BYD new 5-minute battery charger

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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