Qtron Investments LLC Sells 3,059 Shares of Tesla, Inc. $TSLA

Qtron Investments LLC lowered its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 9.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 29,693 shares of the electric vehicle producer’s stock after selling 3,059 shares during the quarter. Tesla accounts for 1.7% of Qtron Investments LLC’s holdings, making the stock its 11th largest position. Qtron Investments LLC’s holdings in Tesla were worth $13,354,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Networth Advisors LLC bought a new stake in Tesla in the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new stake in Tesla in the second quarter worth $26,000. Davidson Capital Management Inc. increased its position in Tesla by 79.4% in 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. Prism Advisors Inc. bought a new stake in Tesla in the fourth quarter worth $30,000. Finally, Turning Point Benefit Group Inc. bought a new stake in Tesla in the third quarter worth $30,000. Institutional investors own 66.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TSLA shares. Erste Group Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. Wedbush restated an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Tuesday, April 21st. 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. TD Cowen restated a “buy” rating and issued a $490.00 price target on shares of Tesla in a research report on Thursday, June 4th. Finally, BTIG Research cut shares of Tesla to a “neutral” rating in a research report on Friday, June 5th. Twenty-two equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla has an average rating of “Hold” and an average price target of $404.37.

Insiders Place Their Bets

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction on 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 sale, the director directly owned 48,399 shares of the company’s stock, valued at approximately $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 can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 57,824 shares of company stock valued at $21,657,588 over the last three months. Insiders own 19.90% of the company’s stock.

Tesla Trading Up 4.6%

TSLA stock opened at $399.15 on Friday. 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, Inc. has a twelve month low of $288.77 and a twelve month high of $498.83. The stock has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 366.19, a price-to-earnings-growth ratio of 15.29 and a beta of 1.80. The firm’s fifty day simple moving average is $397.84 and its two-hundred day simple moving average is $416.08.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share 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 business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the previous year, the business posted $0.27 earnings per share. The business’s revenue was up 15.8% compared to the same quarter last year. As a group, analysts anticipate that Tesla, Inc. will post 1.19 earnings per share for the current year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla secured approval to expand Full Self-Driving in Belgium, adding momentum to its European autonomy rollout and supporting the long-term software revenue story.
• Positive Sentiment: Coverage of Tesla’s Austin robotaxi rollout and improving analyst views on autonomy are strengthening the bull case for future AI-driven growth.
• Positive Sentiment: SpaceX IPO excitement may be reducing some of the recent selling pressure on TSLA as investors reassess Musk-related capital rotation.
• Neutral Sentiment: Analyst commentary remains split on valuation, with bulls focused on autonomy and robotics while bears argue Tesla still looks expensive versus current earnings.
• Neutral Sentiment: Tesla CFO Vaibhav Taneja’s recent share sale was disclosed as tax withholding tied to equity awards, which is typically a routine insider transaction.
• Negative Sentiment: Some articles noted that TSLA remains volatile as traders weigh whether SpaceX hype is distracting from Tesla’s core EV business and execution.

Tesla 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.