Tesla, Inc. $TSLA Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt decreased its position in Tesla, Inc. (NASDAQ:TSLA) by 12.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 60,526 shares of the electric vehicle producer’s stock after selling 8,300 shares during the period. Tesla makes up approximately 0.9% of Livforsakringsbolaget Skandia Omsesidigt’s investment portfolio, making the stock its 24th largest position. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Tesla were worth $22,499,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in TSLA. PFS Partners LLC grew its holdings in Tesla by 4.2% in the 4th quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock worth $265,000 after buying an additional 24 shares in the last quarter. Boltwood Capital Management increased its position in Tesla by 1.2% in the 4th quarter. Boltwood Capital Management now owns 2,120 shares of the electric vehicle producer’s stock valued at $953,000 after acquiring an additional 25 shares during the period. Woodmont Investment Counsel LLC raised its stake in Tesla by 1.2% during the 4th quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock valued at $955,000 after acquiring an additional 25 shares in the last quarter. Aspect Partners LLC boosted its position in Tesla by 12.5% during the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer’s stock worth $101,000 after acquiring an additional 25 shares during the period. Finally, Human Investing LLC grew its stake in shares of Tesla by 4.5% in the fourth quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer’s stock worth $260,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TSLA. Citigroup began coverage on Tesla in a report on Thursday, July 9th. They set a “market perform” rating on the stock. Jefferies Financial Group set a $400.00 target price on shares of Tesla and gave the company a “hold” rating in a research report on Monday. President Capital raised their target price on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Canaccord Genuity Group boosted their price target on shares of Tesla from $420.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, UBS Group upped their price target on shares of Tesla from $364.00 to $442.00 and gave the stock a “neutral” rating in a research note on Thursday, July 9th. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $408.07.

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the transaction, the director 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 transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 32,015 shares of company stock valued at $12,383,640. Insiders own 19.90% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Wall Street raised Tesla price targets ahead of earnings, with Morgan Stanley, Barclays, and Jefferies all lifting views and pointing to stronger auto and energy deliveries plus improving Q2 setup. Tesla’s Strong Auto, Energy Deliveries Position it for Solid Q2, Morgan Stanley Says
• Positive Sentiment: Tesla posted its best quarter in two years on deliveries, beating expectations by a wide margin and reinforcing the view that Q2 fundamentals may be improving. Elon Musk’s Tesla Posts Best Quarter in Two Years
• Positive Sentiment: Investor focus on Tesla’s robotaxi and robotics story remains a source of optimism, with articles highlighting a potential autonomous vehicle catalyst and a broader pivot toward robots and AI. A Purpose-Built, Wheelchair-Accessible Autonomous Vehicle Gives Tesla Stock (NASDAQ:TSLA) a Boost
• Neutral Sentiment: Some coverage remains cautious, noting Tesla is still trading at a demanding valuation and that analysts are not uniformly bullish despite the higher targets. Three Price Target Boosts Can’t Help Tesla Stock
• Neutral Sentiment: Recent commentary also flagged that Tesla’s robotaxi rollout and AI narrative still need clearer proof points, which could limit near-term upside if investors want more concrete execution. Musk hailed Tesla robotaxis in Texas as the start of a nationwide march. But actually hailing one isn’t easy
• Negative Sentiment: Tesla still faces competitive pressure and market skepticism, including concerns about rivals narrowing the autonomous-driving gap and earlier weakness tied to slower AI progress. Tesla Stock (TSLA) Takes a Battering as Chinese Rival XPeng Declares it is Ready to Go Head-to-Head

Tesla Trading Up 0.3%

Shares of Tesla stock opened at $396.10 on Wednesday. The business has a fifty day simple moving average of $410.86 and a 200-day simple moving average of $407.41. Tesla, Inc. has a fifty-two week low of $297.82 and a fifty-two week high of $498.83. The firm has a market cap of $1.49 trillion, a price-to-earnings ratio of 363.39, a price-to-earnings-growth ratio of 14.46 and a beta of 1.80. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (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 firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same period in the previous year, the company earned $0.27 earnings per share. Tesla’s revenue was up 15.8% compared to the same quarter last year. On average, equities analysts forecast that Tesla, Inc. will post 1.3 EPS for the current fiscal year.

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.