Tesla, Inc. $TSLA Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its stake in Tesla, Inc. (NASDAQ:TSLA) by 63.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 111,831 shares of the electric vehicle producer’s stock after selling 198,106 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Tesla were worth $50,293,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Resonant Capital Advisors LLC boosted its holdings in Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock valued at $3,814,000 after purchasing an additional 23 shares during the last quarter. Cloud Capital Management LLC boosted its holdings in Tesla by 1.1% in the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock valued at $923,000 after purchasing an additional 23 shares during the last quarter. PFS Partners LLC boosted its holdings in Tesla by 4.2% in the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock valued at $265,000 after purchasing an additional 24 shares during the last quarter. Monte Financial Group LLC boosted its holdings in Tesla by 1.5% in the third quarter. Monte Financial Group LLC now owns 1,644 shares of the electric vehicle producer’s stock valued at $731,000 after purchasing an additional 25 shares during the last quarter. Finally, Bank of Jackson Hole Trust boosted its holdings in Tesla by 1.0% in the third quarter. Bank of Jackson Hole Trust now owns 2,497 shares of the electric vehicle producer’s stock valued at $1,110,000 after purchasing an additional 25 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TSLA. Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a report on Monday, April 27th. Benchmark reissued a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. Canaccord Genuity Group increased their price target on Tesla from $420.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Tigress Financial started coverage on Tesla in a report on Monday, April 27th. They issued a “buy” rating for the company. Finally, Truist Financial reduced their target price on Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, April 2nd. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, Tesla has a consensus rating of “Hold” and a consensus target price of $395.20.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer 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. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction that occurred 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 directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 83,213 shares of company stock worth $32,201,105. Company insiders own 19.90% of the company’s stock.

Tesla Trading Down 2.9%

NASDAQ:TSLA opened at $409.99 on Tuesday. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $386.50 and its two-hundred day moving average is $417.68. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The company has a market cap of $1.54 trillion, a PE ratio of 376.14, a P/E/G ratio of 16.67 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter last year, the business posted $0.27 EPS. Tesla’s quarterly revenue was up 15.8% compared to the same quarter last year. On average, analysts predict that Tesla, Inc. will post 1.2 EPS for the current year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla raised Model Y prices in the U.S. for the first time since 2024, which could signal improving pricing power and help support margins if demand holds up. Article Title
• Positive Sentiment: Elon Musk continues to promote Tesla’s autonomy push, saying unsupervised self-driving and robotaxi service could become more widespread later this year, reinforcing the long-term bull case tied to software and AI. Article Title
• Positive Sentiment: XPeng’s robotaxi launch was viewed by some analysts as indirect validation of Tesla’s self-driving strategy, keeping attention on Tesla’s lead in autonomous vehicle development. Article Title
• Neutral Sentiment: Tesla’s $250 million battery expansion in Germany supports its European growth strategy, but the added capital spending also raises the bar for near-term payoff. Article Title
• Negative Sentiment: A court setback for Musk’s OpenAI-related lawsuit adds another headline risk around the CEO’s broader distraction and litigation overhang. Article Title
• Negative Sentiment: Multiple reports said Tesla stock weakened after the Model Y price hike and a separate lawsuit over Full Self-Driving promises succeeded, suggesting investors remain skeptical of Tesla’s near-term fundamentals and autonomy claims. Article Title
• Negative Sentiment: Several articles pointed to mounting scrutiny over robotaxi safety, reported crashes, and growing legal/regulatory pressure, which could weigh on confidence in Tesla’s autonomy timeline. Article Title
• Negative Sentiment: Hedge fund filings showed notable reductions in Tesla holdings by some managers, and one report warned that a potential SpaceX IPO could pull retail attention and capital away from TSLA. Article Title

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.