Tesla, Inc. $TSLA Shares Sold by Verde Capital Management

Posted by Kim Johansen on Jun 24th, 2026

Verde Capital Management cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 7.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,616 shares of the electric vehicle producer’s stock after selling 1,701 shares during the quarter. Tesla makes up 1.7% of Verde Capital Management’s portfolio, making the stock its 11th largest holding. Verde Capital Management’s holdings in Tesla were worth $8,036,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. LMG Wealth Partners LLC lifted its holdings in shares of Tesla by 9.8% in the 1st quarter. LMG Wealth Partners LLC now owns 14,078 shares of the electric vehicle producer’s stock worth $5,233,000 after purchasing an additional 1,253 shares during the last quarter. Clear Trail Advisors LLC grew its stake in Tesla by 1.6% during the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer’s stock worth $605,000 after buying an additional 25 shares during the last quarter. IFC & Insurance Marketing Inc. increased its position in Tesla by 3.4% in the first quarter. IFC & Insurance Marketing Inc. now owns 2,022 shares of the electric vehicle producer’s stock worth $752,000 after buying an additional 67 shares during the period. Rainier Family Wealth Inc. increased its position in Tesla by 21.0% in the first quarter. Rainier Family Wealth Inc. now owns 2,971 shares of the electric vehicle producer’s stock worth $1,104,000 after buying an additional 515 shares during the period. Finally, Birch Financial Group LLC lifted its stake in Tesla by 28.8% in the first quarter. Birch Financial Group LLC now owns 891 shares of the electric vehicle producer’s stock valued at $331,000 after buying an additional 199 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $381.61 on Wednesday. The stock has a market cap of $1.43 trillion, a P/E ratio of 350.10, a P/E/G ratio of 16.19 and a beta of 1.80. The firm’s 50-day simple moving average is $405.18 and its 200 day simple moving average is $414.53. Tesla, Inc. has a fifty-two week low of $288.77 and a fifty-two week high of $498.83. 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 – Get Free Report) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the prior year, the firm posted $0.27 EPS. Tesla’s revenue was up 15.8% compared to the same quarter last year. Equities analysts expect that Tesla, Inc. will post 1.19 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on TSLA. Piper Sandler restated an “overweight” rating on shares of Tesla in a research report on Wednesday, June 10th. Barclays reiterated a “neutral” rating on shares of Tesla in a research report on Wednesday, May 13th. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price for the company in a research report on Friday, April 24th. Truist Financial dropped their price target on shares of Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a research note on Thursday, April 2nd. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Friday, June 12th. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $405.06.

View Our Latest Research Report on TSLA

Tesla News Summary

Here are the key news stories impacting Tesla this week:

Positive Sentiment: Tesla’s European registrations more than doubled in May, suggesting a rebound in demand in a major EV market. Tesla Auto Registrations in Europe Gain in May, Other Makers Mixed
Positive Sentiment: Tesla and NatPower agreed to the first phase of a battery-storage partnership that could become a multi-billion-dollar project. NatPower, Tesla reach deal on first phase of $5 billion battery storage plan
Positive Sentiment: Tesla’s “Megapod” trademark filing fueled speculation that it could expand further into AI infrastructure. Tesla Shares Surge After Megapod Trademark Filing
Neutral Sentiment: Analysts are debating Tesla’s near-term delivery outlook ahead of Q2 results, with mixed expectations. Here’s What UBS and Baird Expect from Tesla’s Q2 Deliveries
Negative Sentiment: U.S. regulators opened a new investigation into a fatal Texas crash involving a Tesla vehicle, renewing safety concerns around Autopilot/FSD. Finland may approve Tesla’s supervised self-driving software before EU vote
Negative Sentiment: Several articles argued Tesla’s rally is vulnerable because expectations for robotaxis, AI, and other future growth may be too optimistic relative to current fundamentals. Tesla: An Optimistic Or Unrealistic Forecast May Not Sustain Shares Forever

Insider Activity at Tesla

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’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 transaction of $9,985,506.99. Following the sale, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was 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 available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. 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. Insiders sold 57,824 shares of company stock valued at $21,657,588 over the last quarter. Insiders own 19.90% of the company’s stock.

Tesla Profile

(Free Report)

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.