Weaver Capital Management LLC Purchases 2,666 Shares of Tesla, Inc. $TSLA

Key Points

• Weaver Capital Management LLC raised its stake in Tesla by 25.9%, buying 2,666 shares to hold 12,952 shares valued at about $5.83 million, representing roughly 1.2% of its portfolio and its 21st largest position.
• Tesla faces mixed signals: buy‑side support and strategic AI/robotics partnerships have drawn institutional accumulation, but a Q1 delivery miss, inventory buildup, a China retail slump, analyst downgrades and a recent "death cross" have driven recent share weakness.
• Corporate insiders have sold recently (53,804 shares worth ~$20.9M in the last 90 days), while Wall Street's consensus is a "Hold" with an average target near $400 and the stock trading below its 50‑ and 200‑day moving averages.

Weaver Capital Management LLC raised its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 25.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,952 shares of the electric vehicle producer's stock after buying an additional 2,666 shares during the quarter. Tesla comprises about 1.2% of Weaver Capital Management LLC's portfolio, making the stock its 21st largest position. Weaver Capital Management LLC's holdings in Tesla were worth $5,825,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TSLA. Turning Point Benefit Group Inc. bought a new stake in shares of Tesla during the 3rd quarter valued at approximately $30,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the 3rd quarter valued at approximately $29,000. Texas Capital Bancshares Inc TX bought a new stake in shares of Tesla during the 3rd quarter valued at approximately $31,000. First Community Trust NA bought a new stake in shares of Tesla during the 4th quarter valued at approximately $31,000. Finally, Westend Capital Management LLC bought a new stake in shares of Tesla during the 3rd quarter valued at approximately $32,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Institutional accumulation and conviction — Cathie Wood’s ARK funds added meaningfully to TSLA this week, signaling buy-side support amid the pullback. Cathie Wood Doubles Down on Tesla (TSLA) with $27.8M Weekly Investment
• Positive Sentiment: Terafab/AI chip partnership validates Tesla’s AI/robotics investment thesis and ties Tesla to Intel and SpaceX for onshore AI chip production — a longer‑term strategic positive for margins and autonomy capabilities. Intel's New Orbit: From Chip Lag to Leading Edge (TSLA)
• Neutral Sentiment: New product narrative — reports say Tesla is developing a smaller, cheaper compact SUV; this could boost volumes but risks margin pressure and will take time to materialize. Exclusive: Tesla is developing a new smaller, cheaper EV, sources say
• Neutral Sentiment: FSD software rollout (v14.3) and closure of a related NHTSA probe are incremental positives for the autonomy roadmap but won’t offset immediate auto demand concerns. Tesla Releases 'Sentient' FSD 14.3. The Stock Jumps.
• Negative Sentiment: Q1 delivery miss and inventory buildup — Tesla delivered ~358k vehicles in Q1, below Street estimates, producing an unprecedented inventory backlog and signaling softer demand. That is the primary driver of recent share weakness. Tesla (TSLA) Stock Faces Eighth Consecutive Weekly Decline Amid Delivery Shortfall
• Negative Sentiment: China retail slump — retail sales in China fell ~16% in Q1 even as wholesale shipments rose, underscoring demand weakness in a key market. Tesla's China Retail Sales Decline 16% In Q1 Despite Wholesale Increase
• Negative Sentiment: Analyst downgrades and bearish price targets (JPMorgan, GLJ Research, others) citing inventory, margin risk and execution uncertainty are amplifying downside pressure and driving technical selling. JPMorgan Is Still Betting That Tesla Stock Will Plunge 60% from Here
• Negative Sentiment: Technical damage and sentiment indicators — a recent "death cross" and multi‑week slide have triggered momentum selling despite isolated bullish trades. Tesla Stock Just Triggered A Death Cross — And Cathie Wood Is Betting Millions Against It

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TSLA shares. Stifel Nicolaus set a $508.00 price target on shares of Tesla in a report on Thursday, January 29th. President Capital reduced their target price on shares of Tesla from $500.00 to $424.00 and set a "buy" rating on the stock in a report on Tuesday. Bank of America started coverage on shares of Tesla in a report on Wednesday, March 4th. They set a "buy" rating and a $460.00 target price on the stock. Tigress Financial started coverage on shares of Tesla in a research report on Thursday, February 12th. They issued a "buy" rating and a $550.00 price target on the stock. Finally, BNP Paribas Exane dropped their price target 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. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $400.01.

Tesla Stock Up 0.7%

Shares of NASDAQ TSLA opened at $345.62 on Friday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The company's fifty day simple moving average is $394.55 and its 200 day simple moving average is $425.41. Tesla, Inc. has a 12-month low of $222.79 and a 12-month high of $498.83. The firm has a market cap of $1.30 trillion, a PE ratio of 320.02, a P/E/G ratio of 10.27 and a beta of 1.91.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping 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 firm had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the prior year, the company posted $0.73 earnings per share. The business's revenue was down 3.1% on a year-over-year basis. As a group, sell-side analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Buying and Selling at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company's stock in a transaction 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 transaction, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 53,804 shares of company stock worth $20,865,598. Corporate insiders own 19.90% of the company's stock.

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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