Tesla, Inc. $TSLA Shares Sold by BOCHK Asset Management Ltd

Key Points

• BOCHK Asset Management Ltd cut its Tesla stake by 40.1% in Q4, selling 5,500 shares and leaving 8,200 shares valued at $3.688 million (about 1.0% of the firm's portfolio, Tesla is its 9th largest holding).
• Significant insider selling: Director Kathleen Wilson‑Thompson sold 25,809 shares for ~$9.27M and CFO Vaibhav Taneja sold 2,264 shares for ~$898.9K; insiders have sold 53,804 shares (~$20.87M) in the last 90 days and now own ~19.9% of the stock.
• Market and analyst backdrop: TSLA trades near $348.79 with a $1.31 trillion market cap, and analysts’ consensus is a "Hold" (19 Buy / 13 Hold / 10 Sell) with an average target of $400.01 amid mixed headlines on deliveries, China demand, and regulatory/autonomy developments.

BOCHK Asset Management Ltd lowered its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 40.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,200 shares of the electric vehicle producer's stock after selling 5,500 shares during the period. Tesla comprises approximately 1.0% of BOCHK Asset Management Ltd's investment portfolio, making the stock its 9th biggest position. BOCHK Asset Management Ltd's holdings in Tesla were worth $3,688,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Relyea Zuckerberg Hanson LLC raised its position in shares of Tesla by 0.4% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock worth $2,916,000 after acquiring an additional 23 shares during the period. Equita Financial Network Inc. raised its position in shares of Tesla by 2.8% in the third quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after acquiring an additional 23 shares during the period. VanderPol Investments L.L.C. raised its position in shares of Tesla by 2.2% in the third quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock worth $464,000 after acquiring an additional 23 shares during the period. Resonant Capital Advisors LLC raised its position in shares of Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock worth $3,814,000 after acquiring an additional 23 shares during the period. Finally, Cloud Capital Management LLC raised its position in shares of Tesla by 1.1% in the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock worth $923,000 after acquiring an additional 23 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company's stock in a transaction dated 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 owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The sale 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 company's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TSLA. Cantor Fitzgerald reiterated an "overweight" rating and issued a $510.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Mizuho set a $540.00 target price on shares of Tesla and gave the stock an "outperform" rating in a research note on Thursday, January 29th. Wells Fargo & Company cut their target price on shares of Tesla from $130.00 to $125.00 and set an "underweight" rating for the company in a research note on Thursday, January 29th. Tigress Financial assumed coverage on shares of Tesla in a research note on Thursday, February 12th. They set a "buy" rating and a $550.00 target price for the company. Finally, TD Cowen boosted their target price on shares of Tesla from $509.00 to $519.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $400.01.

Tesla Stock Up 0.9%

Shares of NASDAQ TSLA opened at $348.79 on Friday. Tesla, Inc. has a 12-month low of $222.79 and a 12-month high of $498.83. The stock has a market cap of $1.31 trillion, a PE ratio of 322.95, a P/E/G ratio of 10.44 and a beta of 1.91. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average of $392.91 and a 200 day moving average of $424.82.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter in the prior year, the company earned $0.73 EPS. Tesla's revenue was down 3.1% compared to the same quarter last year. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Dutch regulators approved Tesla’s driver‑assistance system for supervised use on highways and city streets in the Netherlands — a first regulatory sign‑off in Europe that supports Tesla’s autonomy narrative and EU expansion plans. Tesla's self-driving software gets Dutch go-ahead
• Positive Sentiment: Germany registrations surged ~315% year‑over‑year in March (record 9,252 units), signaling demand recovery in Europe’s largest auto market that could help offset other regional weakness. What Drove Tesla Germany's 315% Y/Y Surge in March Registrations?
• Positive Sentiment: Large institutional buying from ARK Invest / Cathie Wood continues during the pullback, providing a retail/institutional demand floor that can reduce downside volatility. Cathie Wood Doubles Down on Tesla
• Neutral Sentiment: Tesla is reportedly developing a smaller, lower‑cost compact SUV — a potential volume driver over time but one that may pressure margins if executed. Investors view this as a strategic shift that could help long‑term growth but adds execution risk. Tesla's lower-cost EV plan seen boosting volume, risking margins
• Neutral Sentiment: Upcoming Q1 earnings (April 22) are the next major catalyst — results and management commentary on deliveries, margins, energy, and autonomy progress will likely drive near‑term moves. Tesla Earnings Preview
• Neutral Sentiment: Retail investors are buying the dip according to some data vendors — this can create short-lived support but may not offset institutional selling if fundamentals disappoint. Vanda Research Says Retail Investors are Buying the Tesla Stock Dip
• Negative Sentiment: Tesla missed Q1 delivery and production expectations (deliveries ~358K vs. est. ~365.6K; production also below forecasts), creating inventory/backlog concerns that are pressuring sentiment. Tesla stock slips as delivery miss and risks weigh on sentiment
• Negative Sentiment: China retail sales declined (~16% in Q1) despite wholesale increases, highlighting regional demand divergence and a potential headwind to global volumes. Tesla's China Retail Sales Decline 16% In Q1
• Negative Sentiment: Analyst skepticism is rising — JPMorgan reiterated a Sell and other firms (including GLJ Research) have flagged dramatic downside; mixed analyst views increase volatility and can amplify downward moves. JPMorgan Reiterates Sell Rating for Tesla
• Negative Sentiment: Technical damage (recent “death cross,” multi‑week losing streak) and rising competition in autonomy/robotaxi space are eroding momentum; absent strong earnings or autonomy progress, further downside is possible. Tesla’s ‘Death Cross’ Flashed Again

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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