Sloy Dahl & Holst LLC Sells 209,665 Shares of Tesla, Inc. $TSLA

Key Points

• Sloy Dahl & Holst LLC cut its Tesla stake by 17.8% in the fourth quarter, selling 209,665 shares and leaving it with 967,982 shares worth about $435.3 million. Tesla remained the firm’s largest holding at roughly 52.3% of its portfolio.
• Tesla’s latest earnings beat estimates, posting $0.41 EPS versus the expected $0.39, while revenue rose 15.8% year over year to $22.39 billion. However, revenue still came in below analyst forecasts.
• Wall Street remains divided on Tesla: analysts currently have a consensus rating of “Hold” with an average target price of $398.42, even as some firms such as Wedbush and Cantor Fitzgerald keep bullish targets as high as $600 and $510.

Sloy Dahl & Holst LLC lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 17.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 967,982 shares of the electric vehicle producer's stock after selling 209,665 shares during the period. Tesla makes up approximately 52.3% of Sloy Dahl & Holst LLC's portfolio, making the stock its biggest holding. Sloy Dahl & Holst LLC's holdings in Tesla were worth $435,321,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Networth Advisors LLC purchased a new stake in Tesla during the fourth quarter worth $26,000. Chapman Financial Group LLC purchased a new stake in Tesla during the second quarter worth $26,000. Davidson Capital Management Inc. boosted its position in 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. Manning & Napier Advisors LLC purchased a new stake in Tesla during the third quarter worth $29,000. Finally, Prism Advisors Inc. purchased a new stake in Tesla during the fourth quarter worth $30,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Stock Performance

Shares of NASDAQ:TSLA opened at $428.35 on Monday. The firm has a market capitalization of $1.61 trillion, a PE ratio of 392.98, a P/E/G ratio of 16.31 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 business has a 50-day moving average of $382.66 and a two-hundred day moving average of $418.37. Tesla, Inc. has a 12 month low of $273.21 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same period in the prior year, the firm posted $0.27 earnings per share. The firm's revenue was up 15.8% on a year-over-year basis. As a group, research analysts forecast that Tesla, Inc. will post 1.25 earnings per share for the current year.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated 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 owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 80,213 shares of company stock valued at $30,851,105. Insiders own 19.90% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wedbush reiterated an "outperform" rating and set a $600.00 target price on shares of Tesla in a research report on Tuesday, April 21st. Benchmark restated a "buy" rating on shares of Tesla in a research report on Wednesday, February 11th. Tigress Financial started coverage on Tesla in a research report on Monday, April 27th. They issued a "buy" rating on the stock. Barclays restated a "neutral" rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $510.00 price objective on shares of Tesla in a research report on Wednesday, April 22nd. 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's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $398.42.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s China-made EV sales rose 36% in April, extending a six-month rebound and easing concerns about weakening demand in one of its key markets. Reuters: Tesla's China-made EV sales rise 36% in April, year-on-year
• Positive Sentiment: Tesla landed a record $100 million deal for 370 Semi trucks, signaling real commercial demand for the company’s truck platform. Zacks: Tesla Lands Record $100M Deal for 370 Semi Trucks in California
• Positive Sentiment: The 2026 Model Y passed new U.S. driver-assistance system tests, reinforcing Tesla’s autonomy and safety story. Reuters: Tesla Model Y is first vehicle to pass new US driver assistance system tests
• Neutral Sentiment: Tesla filed a new Roadster trademark, adding to speculation around a long-awaited future product reveal. Business Insider: Tesla filed a trademark for a new Roadster logo ahead of the EV's long-awaited reveal
• Neutral Sentiment: Analysts trimmed some Tesla earnings estimates, but the changes were modest and did not materially alter near-term expectations. MarketBeat Tesla coverage
• Negative Sentiment: Tesla is still facing a large recall tied to rearview camera image delays, which could raise quality concerns even if investors are currently looking past it. Fox Business: Tesla recalls more than 218K vehicles over rearview image issue that poses crash risk

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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