QRG Capital Management Inc. Grows Stake in Tesla, Inc. $TSLA

Key Points

• QRG Capital Management boosted its Tesla stake by 8.1% in Q4 to 392,000 shares (2.0% of its portfolio), worth about $176.29 million and making TSLA its ninth-largest holding.
• Company insiders have been net sellers — CFO Vaibhav Taneja sold 2,264 shares and Director Kathleen Wilson‑Thompson sold 26,409 shares, with insiders offloading 80,213 shares (~$30.85M) over the past three months; insiders still own 19.9% of Tesla.
• Analyst sentiment is mixed: MarketBeat shows an average rating of "Hold" and an average target of $398.42, while Tesla recently beat EPS estimates ($0.41 vs. $0.39) but missed revenue expectations ($22.39B vs. $22.96B).

QRG Capital Management Inc. lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 8.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392,000 shares of the electric vehicle producer's stock after purchasing an additional 29,520 shares during the quarter. Tesla comprises 2.0% of QRG Capital Management Inc.'s investment portfolio, making the stock its 9th biggest holding. QRG Capital Management Inc.'s holdings in Tesla were worth $176,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in TSLA. Narwhal Capital Management grew its stake in shares of Tesla by 32.8% in the 3rd quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock worth $4,232,000 after buying an additional 2,350 shares during the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Tesla by 29.6% in the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer's stock worth $14,487,000 after buying an additional 7,446 shares during the last quarter. Calamos Wealth Management LLC lifted its position in Tesla by 5.9% in the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer's stock valued at $18,846,000 after acquiring an additional 2,341 shares in the last quarter. China Universal Asset Management Co. Ltd. lifted its position in Tesla by 8.8% in the 3rd 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 acquiring an additional 3,935 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its position in Tesla by 26.0% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer's stock valued at $8,019,000 after acquiring an additional 3,724 shares in the last quarter. Institutional investors own 66.20% of the company's stock.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $7,188,625.18. This represents a 11.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction 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 transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. The trade was 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 have sold a total of 80,213 shares of company stock worth $30,851,105 over the last three months. Insiders own 19.90% of the company's stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla tops a new U.S. brand‑loyalty ranking, reinforcing customer stickiness that supports long‑term vehicle demand and aftermarket/service revenue. Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says 'Once You Drive A Tesla…'
• Positive Sentiment: European registrations show a recovery in several markets (Sweden, France, Denmark, Netherlands), supporting revenue growth expectations outside the U.S. Tesla's European rebound continues in April despite decline in Norway and Spain
• Positive Sentiment: Tesla has expanded unsupervised Robotaxi service in Texas (Austin → Dallas & Houston) and increased its Cybercab/Robotaxi fleet — a tangible step toward the high‑margin mobility business investors prize. Elon Musk's Robotaxi Plans Take Shape With Dallas, Houston Rollout, But Tesla Is Still Far Behind Waymo
• Neutral Sentiment: MarketWatch/others flagged a “symbolic” self‑driving milestone — Tesla hit a numeric safety threshold Musk cited, but real‑world regulatory, mapping and edge‑case challenges remain; milestone supports narrative but not immediate revenue. Tesla just hit a ‘symbolic' self-driving milestone. Real-world success will be tougher.
• Neutral Sentiment: Tesla disclosed >$500M in revenue from deals with Musk‑linked companies (xAI, SpaceX) in an amended filing — this boosts near‑term revenue but raises governance/related‑party scrutiny that could weigh on multiple investor groups. Tesla’s xAI And SpaceX Deals Reshape Growth Story And Governance Questions
• Neutral Sentiment: Analysts and outlets (Barron's, Susquehanna) are highlighting option trades and volatility as an attractive way to play Tesla given uncertain timing for AI/robotics monetization — signals mixed short‑term flows rather than clear directional conviction. Tesla Stock Is an Attractive Options Play. Here's Why.
• Negative Sentiment: Spain saw a sharp 47.3% year‑over‑year drop in Tesla registrations for April, highlighting regional weakness that could pressure near‑term sales comps and investor sentiment. New Tesla sales in Spain fall 47.3% year-on-year in April
• Negative Sentiment: Coverage (Barron's) warns Tesla is burning significant cash to build its AI/robotics future, which raises near‑term margin and free‑cash‑flow concerns even as investors price long‑term optionality. Tesla Is Burning Billions to Build Its AI Future—and the Stock Is Feeling It
• Negative Sentiment: Some analysts remain skeptical on the robotaxi thesis versus Waymo’s lead; a Seeking Alpha piece argues Tesla's robotaxi upside is materially constrained, which can temper bullish valuation assumptions. Tesla's Robotaxi Opportunity Is Dead In Light Of Waymo's Dominance

Analysts Set New Price Targets

TSLA has been the topic of several analyst reports. Tigress Financial initiated coverage on Tesla in a research report on Monday, April 27th. They issued a "buy" rating on the stock. TD Cowen reaffirmed a "buy" rating and issued a $490.00 price objective on shares of Tesla in a research report on Thursday, April 23rd. Glj Research reaffirmed a "sell" rating on shares of Tesla in a research report on Tuesday, April 21st. Wells Fargo & Company lowered their price objective on Tesla from $130.00 to $125.00 and set an "underweight" rating on the stock in a research report on Thursday, January 29th. Finally, Barclays reaffirmed a "neutral" rating on shares of Tesla in a research report on Thursday, April 23rd. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $398.42.

Tesla Price Performance

NASDAQ TSLA opened at $392.38 on Tuesday. The business's fifty day moving average price is $383.09 and its 200-day moving average price is $419.10. The stock has a market capitalization of $1.47 trillion, a price-to-earnings ratio of 359.98, a PEG ratio of 14.87 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. Tesla, Inc. has a 1-year low of $271.00 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company's revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.27 EPS. On average, equities analysts predict that Tesla, Inc. will post 1.25 earnings per share for the current year.

Tesla 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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