Tesla, Inc. $TSLA Shares Sold by FUKOKU MUTUAL LIFE INSURANCE Co

FUKOKU MUTUAL LIFE INSURANCE Co cut its position in Tesla, Inc. (NASDAQ:TSLA) by 11.9% during the fourth quarter, Holdings Channel reports. The firm owned 9,304 shares of the electric vehicle producer’s stock after selling 1,258 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Tesla were worth $4,184,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of TSLA. Crestwood Advisors Group LLC boosted its stake in shares of Tesla by 34.7% in the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock worth $8,799,000 after acquiring an additional 5,039 shares during the last quarter. Gamco Investors INC. ET AL boosted its stake in shares of Tesla by 29.6% in the third quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock worth $14,487,000 after acquiring an additional 7,446 shares during the last quarter. China Universal Asset Management Co. Ltd. boosted its stake in shares of Tesla by 8.8% in the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer’s stock worth $21,571,000 after acquiring an additional 3,935 shares during the last quarter. Calamos Wealth Management LLC boosted its stake in shares of Tesla by 5.9% in the fourth quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock worth $18,846,000 after acquiring an additional 2,341 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its stake in shares of Tesla by 26.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer’s stock worth $8,019,000 after acquiring an additional 3,724 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction 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 in the company, valued at $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 Tesla stock in a transaction on Thursday, April 30th. The shares were 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 in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 57,482 shares of company stock worth $21,508,331 in the last 90 days. Company insiders own 19.90% of the company’s stock.

Tesla Stock Performance

Tesla stock opened at $442.10 on Friday. The firm has a 50 day simple moving average of $390.98 and a 200-day simple moving average of $416.27. The stock has a market cap of $1.66 trillion, a price-to-earnings ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA) last announced its quarterly 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. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 EPS. On average, analysts expect that Tesla, Inc. will post 1.2 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research note on Friday, April 24th. Mizuho lowered their price target on Tesla from $540.00 to $480.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. JPMorgan Chase & Co. reaffirmed a “sell” rating on shares of Tesla in a research note on Wednesday, April 22nd. Wells Fargo & Company lowered their price target on Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research note on Thursday, January 29th. Finally, UBS Group lifted their price target on Tesla from $352.00 to $364.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $395.20.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s European sales rebound is providing tangible evidence of improving EV demand and helping restore confidence in the core auto business.
• Positive Sentiment: Approval of Full Self-Driving (Supervised) in Lithuania supports the long-term autonomous-driving narrative and signals continued regulatory expansion in Europe.
• Positive Sentiment: Investor enthusiasm around robotaxi, AI, and Optimus remains a major sentiment tailwind for TSLA, even before new product details are fully released.
• Neutral Sentiment: Reports and commentary about a possible Tesla-SpaceX merger are generating speculation, but the idea is still unconfirmed and mostly affects sentiment rather than current fundamentals.
• Negative Sentiment: Analysts warn that Tesla’s Terafab chip project and broader AI ambitions face execution risks, including talent shortages and tight timelines.
• Negative Sentiment: Some coverage also highlights concerns about insider selling, valuation, and the company’s dependence on future AI monetization to justify the stock’s premium.

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.