Tesla, Inc. $TSLA Holdings Lowered by Gulf International Bank UK Ltd

Key Points

• Gulf International Bank UK Ltd trimmed its Tesla stake by 1.7% in the fourth quarter, selling 2,428 shares and ending with 144,247 shares worth about $64.9 million.
• Insiders have also been selling: CFO Vaibhav Taneja and Director Kathleen Wilson-Thompson both reduced holdings, with Tesla insiders selling 57,482 shares worth $21.5 million in the last quarter.
• Analysts remain cautious overall, with Tesla carrying a consensus “Hold” rating and average price target of $395.20, even though some firms still rate it a buy.

Gulf International Bank UK Ltd cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 1.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 144,247 shares of the electric vehicle producer's stock after selling 2,428 shares during the quarter. Tesla accounts for approximately 2.1% of Gulf International Bank UK Ltd's holdings, making the stock its 9th biggest holding. Gulf International Bank UK Ltd's holdings in Tesla were worth $64,871,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Networth Advisors LLC purchased a new position in shares of Tesla during the fourth quarter worth approximately $26,000. Davidson Capital Management Inc. raised its stake 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 acquiring an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of Tesla during the third quarter worth approximately $30,000. Prism Advisors Inc. purchased a new position in shares of Tesla during the fourth quarter worth approximately $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in shares of Tesla during the third quarter worth approximately $31,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 Tesla stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 57,482 shares of company stock worth $21,508,331. 19.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Truist Financial decreased their target price on shares of Tesla from $438.00 to $400.00 and set a "hold" rating on the stock in a research note on Thursday, April 2nd. HSBC assumed coverage on shares of Tesla in a research note on Monday, April 27th. They issued a "buy" rating on the stock. JPMorgan Chase & Co. reaffirmed a "sell" rating on shares of Tesla in a research note on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a "neutral" rating on shares of Tesla in a research note on Wednesday, April 22nd. Finally, TD Cowen reaffirmed a "buy" rating and issued a $490.00 target price on shares of Tesla in a research note on Thursday, April 23rd. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat.com, Tesla currently has an average rating of "Hold" and an average price target of $395.20.

Tesla Stock Down 1.4%

Shares of NASDAQ TSLA opened at $435.79 on Friday. The company has a market cap of $1.64 trillion, a price-to-earnings ratio of 399.81, a PEG ratio of 17.46 and a beta of 1.79. The firm's fifty day moving average is $391.84 and its 200 day moving average is $416.40. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

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 business had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 earnings per share. On average, equities research analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla was reported to have received authorization in Texas to operate driverless vehicles commercially, a key regulatory step that could move its robotaxi plans closer to launch and support the stock. Tesla (TSLA) Moves Closer to Robotaxi Launch after Texas Driverless Approval
• Positive Sentiment: Counterpoint Research data showed Tesla reclaiming the No. 1 spot in the global battery EV market in Q1 2026, reinforcing its leadership in EVs even as industry growth was modest. Tesla Reclaims No. 1 Position In Global Battery EV Race
• Positive Sentiment: European momentum remained a tailwind, with reports that Tesla EV registrations spiked in Europe and the stock was nearing a buy point, suggesting improving near-term demand trends. Tesla EV Registrations In Europe Spike. The Stock Is Closing In On A Buy Point.
• Neutral Sentiment: Multiple articles and market commentary pointed to Tesla’s huge valuation being tied to future robotaxis, Optimus, and AI products that still feel years away, which keeps sentiment dependent on execution rather than current fundamentals.
• Neutral Sentiment: There was also renewed speculation about a possible Tesla-SpaceX merger, which could be transformative if it ever happened, but remains highly speculative and difficult to value.
• Negative Sentiment: Fresh reports that Tesla’s Texas robotaxi fleet is far smaller than Waymo’s — 42 registered vehicles versus 577 — raised concerns that Tesla is lagging competitors in autonomous deployment. Tesla's robotaxi fleet in Texas is still playing catch-up to Waymo
• Negative Sentiment: Other coverage said Tesla’s FSD rollout and robotaxi progress were being overshadowed by Waymo’s lead, adding pressure to the company’s autonomous vehicle narrative.

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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