Tesla, Inc. $TSLA Shares Sold by Aprio Wealth Management LLC

Key Points

• Aprio Wealth trimmed its Tesla stake by 50.5%, selling 12,677 shares in the fourth quarter and leaving the firm with 12,412 shares valued at about $5.58 million.
• Significant insider selling has occurred recently — Director Kathleen Wilson‑Thompson sold 25,809 shares for ~$9.27 million and insiders disposed of 53,804 shares (~$20.87 million) in the past 90 days, while insiders still own 19.9% of the stock.
• Tesla beat Q1 EPS estimates ($0.41 vs. $0.39) with revenue up 15.8% year‑over‑year, but the company’s quiet $2 billion AI‑hardware acquisition and a proposed $25 billion CapEx increase raise execution, cash‑flow and transparency concerns; the consensus analyst rating is Hold with a $398.45 target.

Aprio Wealth Management LLC trimmed its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 50.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,412 shares of the electric vehicle producer's stock after selling 12,677 shares during the quarter. Aprio Wealth Management LLC's holdings in Tesla were worth $5,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new position in shares of Tesla in the 4th quarter valued at $26,000. Chapman Financial Group LLC acquired a new stake in Tesla during the 2nd quarter worth $26,000. Davidson Capital Management Inc. lifted its position in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 27 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in Tesla in the third quarter valued at $29,000. Finally, Prism Advisors Inc. purchased a new position in shares of Tesla during the fourth quarter worth about $30,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Price Performance

Tesla stock opened at $376.30 on Monday. The stock's 50 day moving average price is $385.94 and its 200 day moving average price is $420.54. Tesla, Inc. has a 1-year low of $259.63 and a 1-year high of $498.83. The company has a market cap of $1.41 trillion, a PE ratio of 345.23, a price-to-earnings-growth ratio of 13.29 and a beta of 1.91. 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 (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.Tesla's quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 earnings per share. On average, sell-side analysts predict that Tesla, Inc. will post 1.35 EPS for the current fiscal year.

Insider Transactions at Tesla

In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This trade represents a 43.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction that occurred 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 sale, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is currently owned by corporate insiders.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Q1 beat and positive free cash flow give near-term support: Tesla topped EPS estimates and reported positive free cash flow, which reassures income-focused investors even as the company pivots toward AI and services. Tesla Q1 Earnings Beat on Vehicle Demand Rebound
• Positive Sentiment: Cybercab production begins — tangible progress on robotaxi strategy: Videos and company posts show the Cybercab rolling off the Austin line, a concrete operational milestone that supports the long-term autonomy narrative. Watch the Cybercab robotaxi roll off Tesla's production line
• Positive Sentiment: Some analyst support: DZ Bank lifted its rating (Sell → Hold) and other firms reiterated favorable views, giving the rally more analyst-backed legitimacy. DZ Bank Upgrades Tesla From Sell to Hold
• Neutral Sentiment: $2B investment in SpaceX deepens Musk-era linkages — strategic optionality but raises governance/related-party questions; impact on Tesla depends on future returns from collaborations. Elon Musk's Tesla Invested $2 Billion Into SpaceX
• Neutral Sentiment: Quiet $2B AI-hardware acquisition disclosed — strengthens Tesla’s AI stack but raises transparency questions; investors will watch integration and capex offsets. Tesla quietly discloses $2 billion AI hardware company acquisition
• Negative Sentiment: Massive $25B CapEx hike spooks investors — Musk’s push into AI, chips, Optimus and robotaxis means cash flow is likely to go negative for the rest of 2026, heightening execution and dilution risk. Tesla's $25 billion spending plan tests investor faith
• Negative Sentiment: Musk’s FSD admissions and upgrade requirements create reputational and cost risks — public comments that past FSD claims were overstated and that many cars need hardware retrofits could trigger customer pushback, regulatory scrutiny and unexpected warranty/capex. Elon Musk admits millions of Tesla owners need upgrades for true ‘Full Self-Driving'
• Negative Sentiment: Allegations and admissions around FSD claims raise legal/regulatory pressure — headlines that management “admitted” past FSD claims were misleading increase litigation and oversight risk, a potential overhang on sentiment. Musk Admits Tesla Full Self-Driving Claims Were Lies
• Negative Sentiment: Robotaxi timeline pulled back / rollout uncertainty: Management removed concrete near-term city timelines, increasing execution risk and pushing some valuation farther into the future. Tesla's robotaxi timeline just got a little fuzzier

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TSLA. Truist Financial reduced their target price on Tesla from $438.00 to $400.00 and set a "hold" rating for the company in a report on Thursday, April 2nd. DZ Bank upgraded Tesla from a "sell" rating to a "hold" rating and set a $385.00 price target on the stock in a research note on Friday. JPMorgan Chase & Co. reiterated a "sell" rating on shares of Tesla in a research note on Wednesday, April 22nd. President Capital decreased their price objective on Tesla from $500.00 to $424.00 and set a "buy" rating for the company in a report on Tuesday, April 7th. Finally, BNP Paribas Exane lowered their target price on shares of Tesla from $313.00 to $280.00 and set an "underperform" rating on the stock in a research report on Monday, March 2nd. Eighteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and eight have given a Sell rating to the company's stock. According to data from MarketBeat.com, Tesla presently has an average rating of "Hold" and a consensus target price of $398.45.

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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