Tesla, Inc. $TSLA Stock Holdings Reduced by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. reduced its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 6.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 876,889 shares of the electric vehicle producer's stock after selling 56,666 shares during the period. Tesla accounts for about 1.9% of Resona Asset Management Co. Ltd.'s holdings, making the stock its 9th biggest position. Resona Asset Management Co. Ltd.'s holdings in Tesla were worth $395,952,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in TSLA. Networth Advisors LLC purchased a new position in Tesla in the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla in the second quarter valued at approximately $26,000. Davidson Capital Management Inc. grew its position 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 during the last quarter. Prism Advisors Inc. purchased a new position in shares of Tesla during the fourth quarter worth approximately $30,000. Finally, Turning Point Benefit Group Inc. purchased a new position in shares of Tesla during the third quarter worth approximately $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm's stock in a transaction on 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 completion of the sale, the director owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm's 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 completion of the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is owned by corporate insiders.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $404.11 on Wednesday. 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 stock has a fifty day moving average price of $386.65 and a 200 day moving average price of $417.28. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83. The company has a market cap of $1.52 trillion, a PE ratio of 370.74, a P/E/G ratio of 16.19 and a beta of 1.79.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share 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 firm had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same period last year, the company earned $0.27 earnings per share. The company's revenue for the quarter was up 15.8% on a year-over-year basis. Sell-side analysts forecast that Tesla, Inc. will post 1.2 EPS for the current year.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s AI and autonomy narrative remains a long-term bull case, with Elon Musk reiterating that robotaxis could expand more broadly in the U.S. later this year and that self-driving could reshape transportation over the next decade.
• Positive Sentiment: Some investors continue to view Tesla’s energy business as an underappreciated growth driver, supporting the company’s broader transition beyond EV sales.
• Neutral Sentiment: OpenAI co-founder and former Tesla AI leader Andrej Karpathy joined Anthropic, highlighting the intensity of the AI talent war; while notable, the move is more of a signal about the broader AI race than a direct operating update for Tesla. Article Title
• Neutral Sentiment: Ongoing discussion about a potential SpaceX IPO could distract from Tesla and compete for investor capital, but this remains speculative rather than a Tesla-specific financial event.
• Negative Sentiment: Tesla raised Model Y prices, which investors are reading as a sign that demand may be less robust than hoped and that pricing changes could weigh on volume growth. Article Title
• Negative Sentiment: Analysts and media coverage continue to flag Tesla’s rich valuation, with some arguing the stock is vulnerable if execution on vehicles, autonomy, and margins does not improve quickly.
• Negative Sentiment: Recent reports of Full Self-Driving lawsuits and robotaxi safety questions are adding skepticism around Tesla’s autonomy timeline and the pace of commercialization.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TSLA. President Capital raised their target price on shares of Tesla from $424.00 to $428.00 and gave the stock a "buy" rating in a research report on Monday, April 27th. JPMorgan Chase & Co. restated a "sell" rating on shares of Tesla in a research report on Wednesday, April 22nd. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a research report on Thursday, January 29th. Barclays restated a "neutral" rating on shares of Tesla in a research report on Wednesday, May 13th. Finally, Truist Financial lowered their target price on shares of Tesla from $438.00 to $400.00 and set a "hold" rating on the stock in a research report on Thursday, April 2nd. 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 stock. Based on data from MarketBeat, Tesla has a consensus rating of "Hold" and an average target price of $395.20.

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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