Resources Management Corp CT ADV Sells 27,111 Shares of Tesla, Inc. $TSLA

Posted by Francis Steltz on Jun 16th, 2026

Resources Management Corp CT ADV lowered its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 96.8% during the fourth quarter, HoldingsChannel reports. The firm owned 891 shares of the electric vehicle producer’s stock after selling 27,111 shares during the quarter. Resources Management Corp CT ADV’s holdings in Tesla were worth $401,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Retirement Financial Solutions LLC bought a new stake in shares of Tesla during the 4th quarter worth approximately $262,000. Scge Management L.P. bought a new stake in shares of Tesla during the 4th quarter worth approximately $183,036,000. South Plains Financial Inc. raised its stake in shares of Tesla by 3.6% during the 4th quarter. South Plains Financial Inc. now owns 3,961 shares of the electric vehicle producer’s stock worth $1,781,000 after purchasing an additional 136 shares in the last quarter. MML Investors Services LLC raised its stake in Tesla by 7.8% in the 4th quarter. MML Investors Services LLC now owns 364,557 shares of the electric vehicle producer’s stock valued at $163,949,000 after acquiring an additional 26,534 shares during the period. Finally, Mariner LLC raised its stake in Tesla by 4.4% in the 4th quarter. Mariner LLC now owns 1,825,358 shares of the electric vehicle producer’s stock valued at $821,046,000 after acquiring an additional 76,420 shares during the period. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Up 1.2%

TSLA stock opened at $411.15 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The stock has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 377.20, a PEG ratio of 16.25 and a beta of 1.80. The business’s fifty day moving average price is $399.36 and its two-hundred day moving average price is $415.94. Tesla, Inc. has a fifty-two week low of $288.77 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.27 EPS. On average, equities analysts anticipate that Tesla, Inc. will post 1.19 earnings per share for the current year.

Insider Buying and Selling at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction 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 transaction, the director owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, 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 position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 57,824 shares of company stock worth $21,657,588 in the last quarter. Company insiders own 19.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on TSLA. Deutsche Bank Aktiengesellschaft began coverage on Tesla in a research note on Friday, June 5th. They issued a “buy” rating on the stock. Roth Mkm restated a “buy” rating on shares of Tesla in a research note on Thursday, April 23rd. Barclays restated a “neutral” rating on shares of Tesla in a research note on Wednesday, May 13th. BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a research note on Friday, June 5th. Finally, Piper Sandler restated an “overweight” rating on shares of Tesla in a research note on Wednesday, June 10th. Twenty-one equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $404.37.

Get Our Latest Analysis on Tesla

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

Positive Sentiment: SpaceX’s strong debut and rising attention on Musk’s empire have lifted sentiment around Tesla, with some investors viewing TSLA as a beneficiary of growing interest in a potential Tesla-SpaceX combination. Article Title
Positive Sentiment: Wall Street discussion about Tesla’s AI-driven valuation, including robotaxi and Optimus upside, is keeping bullish expectations alive despite a high valuation. Article Title
Neutral Sentiment: Rivian’s CEO said his company plans to release Tesla FSD-like self-driving tech later this year, underscoring continued competition in autonomous driving. Article Title
Negative Sentiment: Reuters reported that Tesla gave European regulators safety data for Full Self-Driving that Swedish and Dutch authorities viewed as misleading, raising the risk of scrutiny or delays for FSD approval in Europe. Article Title
Negative Sentiment: Additional reports about European regulators questioning Tesla’s FSD data could increase concerns about regulatory hurdles for one of Tesla’s key AI/autonomy growth drivers. Article Title

About Tesla

(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.