Tesla, Inc. $TSLA Stake Reduced by Seek First Inc.

Key Points

• Seek First Inc. cut its Tesla stake by 34.1% in Q4 to 9,002 shares (about 2.8% of its portfolio), valued at roughly $4.05 million.
• Tesla beat Q1 EPS estimates ($0.41 vs. $0.39) but missed revenue; the company has a market cap near $1.42 trillion and a consensus analyst rating of Hold with an average target of $398.42.
• A planned ~$25 billion 2026 capex program has alarmed investors by potentially pushing free cash flow negative, coming alongside significant insider selling (53,804 shares worth ~$20.9 million) and the administrative registration of 304 million compensation shares that could pressure sentiment.

Seek First Inc. reduced its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 34.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,002 shares of the electric vehicle producer's stock after selling 4,656 shares during the quarter. Tesla comprises about 2.8% of Seek First Inc.'s portfolio, making the stock its 9th biggest position. Seek First Inc.'s holdings in Tesla were worth $4,048,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of TSLA. Networth Advisors LLC purchased a new position in Tesla during the 4th quarter worth $26,000. Chapman Financial Group LLC purchased a new position in Tesla during the 2nd quarter worth $26,000. Davidson Capital Management Inc. increased its holdings in Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares during the period. Manning & Napier Advisors LLC purchased a new position in Tesla during the 3rd quarter worth $29,000. Finally, Prism Advisors Inc. bought a new stake in Tesla during the 4th quarter valued at $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TSLA. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research report on Friday. Canaccord Genuity Group increased their target price on Tesla from $420.00 to $450.00 and gave the company a "buy" rating in a research report on Thursday, April 23rd. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $510.00 target price on shares of Tesla in a research report on Wednesday, April 22nd. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, BNP Paribas Exane raised Tesla from an "underperform" rating to a "neutral" rating in a research report on Monday. Nineteen equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and six have given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $398.42.

Tesla Stock Up 0.6%

Tesla stock opened at $378.67 on Tuesday. The stock has a market capitalization of $1.42 trillion, a price-to-earnings ratio of 347.40, a PEG 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. The business has a fifty day moving average price of $385.16 and a 200-day moving average price of $420.14. Tesla, Inc. has a 1-year low of $270.78 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, April 22nd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the business posted $0.27 EPS. Equities research analysts forecast that Tesla, Inc. will post 1.35 EPS for the current fiscal year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: NHTSA closes the steering‑wheel probe on ~120,089 Model Y vehicles without requiring a recall — removes a near‑term regulatory overhang and reduces litigation/regulatory uncertainty. US ends probe on Tesla Model Y vehicles without manufacturer action
• Positive Sentiment: Q1 results: Tesla beat EPS estimates but missed on revenue — margin recovery and the EPS beat help justify current valuation for bulls, even though top‑line growth was softer than some hoped. Tesla, Inc. (TSLA) Falls Shy of Revenue, Beats on Profit in Q1
• Positive Sentiment: Company is accelerating investments in AI, robotics and custom chips — bolsters long‑term growth/“physical AI” narrative (robotaxi, Optimus, autonomy) that underpins much of Tesla’s premium valuation. TESLA (TSLA) To Boost Investments in AI, Robotics and Chips
• Neutral Sentiment: Wall Street is sharply divided on fair value — new analyst targets range from ~$220 to $428, which increases short‑term volatility and the chance of headline‑driven trading. Wall Street Can’t Agree on Tesla: New Analyst Targets Range From $220 to $428
• Neutral Sentiment: Large block of Elon Musk’s 2018 compensation shares registered — legal/administrative release of 304M shares could pressure sentiment even if actual selling is gradual. Elon Musk is about to get a lot richer, as Tesla fulfills 2018 compensation plan
• Negative Sentiment: A planned ~$25 billion 2026 capex program alarmed investors — the aggressive spending outlook pushes free cash flow negative for the year and is the main proximate cause of downward pressure on the stock. Investors Are Panicking About $25 Billion in Spending at Tesla
• Negative Sentiment: Governance/related‑party scrutiny heats up after reporting on Musk borrowing from SpaceX — raises investor concern about capital allocation and founder conduct. Elon Musk Reportedly Used SpaceX As 'Piggy Bank' To Give Himself, Tesla A Leg Up
• Negative Sentiment: Emerging market‑manipulation risk: reports of fake‑account campaigns targeting Tesla narratives could distort sentiment and amplify swings. EXCLUSIVE: Fake-Account Attack On Tesla Exposes Bigger Threat To US Stocks

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,264 shares of the firm's 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 completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm's stock in a transaction on Monday, March 30th. The stock was 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 of the company's stock, valued at $12,166,913.80. This trade represents a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 53,804 shares of company stock valued at $20,865,598 in the last 90 days. 19.90% of the stock is currently owned by company insiders.

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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