Securian Asset Management Inc. Trims Holdings in Tesla, Inc. $TSLA

Securian Asset Management Inc. reduced its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 43.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 76,408 shares of the electric vehicle producer’s stock after selling 59,113 shares during the quarter. Tesla accounts for about 1.3% of Securian Asset Management Inc.’s investment portfolio, making the stock its 16th largest holding. Securian Asset Management Inc.’s holdings in Tesla were worth $34,362,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Networth Advisors LLC bought a new position in Tesla during the fourth quarter worth $26,000. Davidson Capital Management Inc. lifted its stake in 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 purchasing an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in Tesla during the third quarter worth $30,000. Manning & Napier Advisors LLC bought a new position in Tesla during the third quarter worth $29,000. Finally, Prism Advisors Inc. bought a new position in Tesla during the fourth quarter worth $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TSLA has been the topic of several research analyst reports. Stifel Nicolaus set a $508.00 price objective on Tesla in a research note on Thursday, January 29th. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research note on Friday, April 24th. President Capital raised their price objective on Tesla from $424.00 to $428.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Royal Bank Of Canada restated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Finally, China Renaissance cut their target price on Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $398.42.

Tesla Stock Performance

TSLA stock opened at $428.35 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The stock has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 392.98, a PEG ratio of 16.31 and a beta of 1.79. Tesla, Inc. has a 1 year low of $273.21 and a 1 year high of $498.83. The stock’s fifty day moving average is $382.66 and its two-hundred day moving average is $418.37.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, April 23rd. 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 for 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 company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company earned $0.27 earnings per share. On average, research analysts predict that Tesla, Inc. will post 1.25 EPS for the current year.

Insiders Place Their Bets

In other 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 transaction of $9,985,506.99. Following the transaction, the director directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 80,213 shares of company stock worth $30,851,105 over the last three months. Corporate insiders own 19.90% of the company’s stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s China-made EV sales rose 36% in April, extending a six-month rebound and easing concerns about weakening demand in one of its key markets. Reuters: Tesla’s China-made EV sales rise 36% in April, year-on-year
• Positive Sentiment: Tesla landed a record $100 million deal for 370 Semi trucks, signaling real commercial demand for the company’s truck platform. Zacks: Tesla Lands Record $100M Deal for 370 Semi Trucks in California
• Positive Sentiment: The 2026 Model Y passed new U.S. driver-assistance system tests, reinforcing Tesla’s autonomy and safety story. Reuters: Tesla Model Y is first vehicle to pass new US driver assistance system tests
• Neutral Sentiment: Tesla filed a new Roadster trademark, adding to speculation around a long-awaited future product reveal. Business Insider: Tesla filed a trademark for a new Roadster logo ahead of the EV’s long-awaited reveal
• Neutral Sentiment: Analysts trimmed some Tesla earnings estimates, but the changes were modest and did not materially alter near-term expectations. MarketBeat Tesla coverage
• Negative Sentiment: Tesla is still facing a large recall tied to rearview camera image delays, which could raise quality concerns even if investors are currently looking past it. Fox Business: Tesla recalls more than 218K vehicles over rearview image issue that poses crash risk

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.