Tesla, Inc. $TSLA Shares Bought by AssuredPartners Investment Advisors LLC

Key Points

• AssuredPartners Investment Advisors increased its Tesla stake by 13.8% to 20,157 shares (about $9.07 million), representing 1.3% of the firm's portfolio and its 15th-largest holding.
• Insider selling was notable this quarter: Director Kathleen Wilson‑Thompson sold 26,409 shares (~$9.99M) and insiders sold 80,213 shares totaling $30.85M, though some sales were executed under 10b5‑1 plans; insiders still own 19.9% of the stock.
• Market signals are mixed: positives include a 370-unit Tesla Semi order from WattEV and a European sales rebound, while negatives include negative free cash flow amid heavy investment, weak public Cybertruck demand and EU skepticism over FSD; analysts have a consensus Hold with an average price target of $398.42.

AssuredPartners Investment Advisors LLC increased its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 13.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,157 shares of the electric vehicle producer's stock after purchasing an additional 2,440 shares during the period. Tesla accounts for 1.3% of AssuredPartners Investment Advisors LLC's investment portfolio, making the stock its 15th biggest position. AssuredPartners Investment Advisors LLC's holdings in Tesla were worth $9,065,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of Tesla by 0.6% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 388,191 shares of the electric vehicle producer's stock valued at $174,577,000 after purchasing an additional 2,222 shares during the period. Garner Asset Management Corp grew its position in shares of Tesla by 1.9% in the fourth quarter. Garner Asset Management Corp now owns 2,835 shares of the electric vehicle producer's stock valued at $1,275,000 after purchasing an additional 53 shares during the period. Alpha Cubed Investments LLC grew its position in shares of Tesla by 9.8% in the fourth quarter. Alpha Cubed Investments LLC now owns 44,465 shares of the electric vehicle producer's stock valued at $19,997,000 after purchasing an additional 3,963 shares during the period. Cresta Advisors Ltd. purchased a new stake in shares of Tesla in the fourth quarter valued at $151,000. Finally, Gallacher Capital Management LLC purchased a new stake in shares of Tesla in the fourth quarter valued at $237,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large commercial order: WattEV awarded 370 Tesla Semis for a California freight network — a material fleet deployment that validates Semi demand and supports recurring charging/maintenance revenue assumptions. WattEV to deploy 370 Tesla Semis, launching largest electric-freight network connecting Northern and Central California
• Positive Sentiment: European recovery pockets: registrations rose sharply in Sweden, France, Denmark and the Netherlands in April, helping the revenue outlook outside the U.S. Tesla's European rebound continues in April despite decline in Norway and Spain
• Positive Sentiment: Brand loyalty remains strong in the U.S., supporting repeat demand and aftermarket/service revenue stability. Tesla Brand Recovery? New Survey Shows EV Giant Top Rating For US Loyalty – Palihapitiya Says 'Once You Drive A Tesla…'
• Neutral Sentiment: FSD approval process — mixed implications: Netherlands clearance and interest from Belgium/Flanders broaden the addressable market for supervised FSD, but EU hearings and national caution mean rollout timing and scope remain uncertain. European FSD Decisions Test Tesla Valuation And Software Growth Hopes
• Neutral Sentiment: Symbolic FSD/drive‑mile milestones and PR wins keep the AI/autonomy narrative alive, but regulators and mapping/edge‑case work mean milestones don't translate to immediate revenue. Tesla just hit a ‘symbolic' self-driving milestone. Real-world success will be tougher.
• Neutral Sentiment: High‑profile legal/news items and AI narrative overlap (e.g., OpenAI/Musk trial references) may influence sentiment around Musk/leadership but are not direct operational drivers for Tesla today. OpenAI trial: Brockman rebuts Musk's take on startup's history, recounts secret work for Tesla
• Negative Sentiment: Insider selling: a Tesla director executed sizable, pre‑arranged sales (~26k shares), which can weigh on near‑term sentiment even if under a 10b5‑1 plan. Insider sale SEC filing
• Negative Sentiment: Cash flow and spending risk: analysts note Tesla's free cash flow turned negative as the company ramps investment in FSD, robotics and energy — increasing near‑term margin and FCF pressure. Tesla's Free Cash Flow Goes Negative as It Doubles Down on FSD, Robotics, and Energy
• Negative Sentiment: Product and governance questions: reports showing weak public Cybertruck sales (and a notable share delivered to Musk‑related companies) add demand visibility concerns and potential governance scrutiny. How many Cybertrucks has Tesla sold to the public? Fewer than you might think
• Negative Sentiment: EU regulator skepticism: internal records show some European regulators remain skeptical of Tesla's automated‑driving safety claims, raising the risk of tighter oversight or limits on FSD features in key markets. Tesla faces EU skepticism over automated-driving tech, records show

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 80,213 shares of company stock worth $30,851,105. Insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TSLA shares. Zacks Research raised Tesla from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 28th. Tigress Financial started coverage on Tesla in a research report on Monday, April 27th. They set a "buy" rating for the company. Phillip Securities boosted their price target on Tesla from $215.00 to $220.00 and gave the company a "sell" rating in a research report on Monday, April 27th. Jefferies Financial Group reissued a "neutral" rating on shares of Tesla in a research report on Wednesday, April 22nd. Finally, Wedbush reissued an "outperform" rating and set a $600.00 price target on shares of Tesla in a research report on Tuesday, April 21st. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $398.42.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $389.41 on Wednesday. Tesla, Inc. has a 1-year low of $271.00 and a 1-year high of $498.83. The business has a 50-day moving average of $382.65 and a 200-day moving average of $418.78. 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 company has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 357.26, a PEG ratio of 14.94 and a beta of 1.79.

Tesla (NASDAQ:TSLA - Get Free Report) last released 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 business had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. During the same quarter in the previous year, the firm posted $0.27 earnings per share. The company's revenue was up 15.8% compared to the same quarter last year. On average, equities analysts anticipate that Tesla, Inc. will post 1.25 EPS for the current fiscal year.

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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