Strs Ohio Sells 31,682 Shares of Tesla, Inc. $TSLA

Key Points

• Strs Ohio trimmed its Tesla stake by 3.8%, selling 31,682 shares and retaining 799,411 shares worth about $359.5 million, making Tesla 1.3% of its portfolio and its 10th-largest holding.
• Company insiders also sold stock this quarter—CFO Vaibhav Taneja sold 2,264 shares and Director Kathleen Wilson‑Thompson sold 25,809 shares—with insiders offloading 53,804 shares (~$20.9M) and insider ownership at 19.9%.
• Tesla reported an EPS beat ($0.41 vs. $0.39) but missed revenue estimates, and analysts have an average rating of Hold with a $398.42 target amid mixed catalysts—production progress and ~$573M related‑party sales versus governance, regulatory and competitive/capex concerns.

Strs Ohio trimmed its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 799,411 shares of the electric vehicle producer's stock after selling 31,682 shares during the quarter. Tesla makes up 1.3% of Strs Ohio's portfolio, making the stock its 10th biggest holding. Strs Ohio's holdings in Tesla were worth $359,511,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC boosted its stake in shares of Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after acquiring an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Tesla by 21.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock valued at $2,147,000 after acquiring an additional 931 shares during the last quarter. Bison Wealth LLC boosted its stake in shares of Tesla by 52.2% during the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after acquiring an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Tesla by 9.1% during the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock valued at $3,855,000 after acquiring an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC boosted its stake in shares of Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock valued at $1,544,000 after acquiring an additional 851 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the transaction, the director owned 33,860 shares in the company, valued at $12,166,913.80. The trade was a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 53,804 shares of company stock worth $20,865,598 in the last quarter. 19.90% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $510.00 price objective on shares of Tesla in a research note on Wednesday, April 22nd. Wells Fargo & Company reduced their target price on Tesla from $130.00 to $125.00 and set an "underweight" rating on the stock in a research report on Thursday, January 29th. Zacks Research raised Tesla from a "strong sell" rating to a "hold" rating in a research note on Tuesday. Tigress Financial started coverage on shares of Tesla in a research note on Monday. They set a "buy" rating for the company. Finally, HSBC started coverage on shares of Tesla in a report on Monday. They set a "buy" rating on the stock. Nineteen 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, the company presently has an average rating of "Hold" and an average price target of $398.42.

Tesla Price Performance

Shares of Tesla stock opened at $390.82 on Friday. Tesla, Inc. has a twelve month low of $271.00 and a twelve month high of $498.83. The stock has a market capitalization of $1.47 trillion, a P/E ratio of 358.55, a PEG ratio of 14.52 and a beta of 1.79. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The business's fifty day moving average price is $383.09 and its 200 day moving average price is $419.29.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating 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 firm had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. During the same quarter last year, the firm earned $0.27 earnings per share. The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. As a group, research analysts anticipate that Tesla, Inc. will post 1.25 earnings per share for the current year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Related-party revenue: Tesla disclosed more than $500M (≈$573M reported) in sales to Elon Musk‑linked companies (xAI, SpaceX), adding near‑term revenue and cash tailwinds. Tesla generates over $500 Million from Musk-linked companies
• Positive Sentiment: Semi milestone: The first Tesla Semi rolled off a high‑volume production line, validating progress on a long‑promised product line that could open a new revenue stream. First Tesla Semi rolls off high volume production line
• Positive Sentiment: European demand rebound: Registrations rose in France, Denmark and the Netherlands in April as higher fuel costs boost EV demand, supporting near‑term volumes. Tesla sales rebound continues in several European markets in April
• Neutral Sentiment: Used‑car strength: The Model X is now among the fastest‑selling used cars, implying stronger residual values and healthier demand in the second‑hand market (supportive but limited impact on near‑term EPS). Why Tesla’s (TSLA) Model X Is Now the Fastest-Selling Used Car
• Negative Sentiment: Musk compensation optics: Tesla reported a $158B accounting valuation for Elon Musk’s 2025 pay package—an enormous headline that raises governance and political scrutiny even though Tesla says realized pay to date is effectively zero. Tesla Reports Musk's $158 Billion Compensation Figure
• Negative Sentiment: Regulatory pressure on robotaxis: New enforcement and local rules (police citations, state actions) increase legal and timeline risk for Tesla’s robotaxi rollout, which investors have been pricing as a long‑term value driver. Waymo, Tesla Vehicles No Longer Off The Hook For Driving Violations
• Negative Sentiment: Competition & execution concerns: Rivian and Chinese OEMs (BYD, others) are chipping away at advantages in software and pricing; analysts note Tesla’s lead is narrowing. Tesla's Lead Is Narrowing—Rivian's Quarter Shows Why
• Negative Sentiment: Capital intensity: Investor concern persists over a >$25B capex backdrop for 2026 (robotaxi, factories, Semi/Optimus scale), which could pressure free cash flow if revenue surprises disappoint. Tesla Stock Climbs Friday Amid Investor Concerns Over $25B Capex Plan

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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