Themes Management Co LLC reduced its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 44.1% in the 1st quarter, Holdings Channel reports. The firm owned 3,749 shares of the electric vehicle producer’s stock after selling 2,960 shares during the quarter. Themes Management Co LLC’s holdings in Tesla were worth $1,394,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Van Diest Capital LLC grew its stake in Tesla by 119.4% during the 1st quarter. Van Diest Capital LLC now owns 2,944 shares of the electric vehicle producer’s stock valued at $1,095,000 after acquiring an additional 1,602 shares in the last quarter. Lombard Odier Asset Management Switzerland SA lifted its stake in Tesla by 9.2% in the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 134,750 shares of the electric vehicle producer’s stock worth $50,093,000 after purchasing an additional 11,316 shares in the last quarter. Mustico Financial Group Inc. boosted its holdings in shares of Tesla by 47.3% during the 1st quarter. Mustico Financial Group Inc. now owns 722 shares of the electric vehicle producer’s stock worth $272,000 after purchasing an additional 232 shares during the last quarter. Aristotle Atlantic Partners LLC boosted its holdings in shares of Tesla by 13.2% during the 1st quarter. Aristotle Atlantic Partners LLC now owns 8,462 shares of the electric vehicle producer’s stock worth $3,146,000 after purchasing an additional 988 shares during the last quarter. Finally, Waverly Advisors LLC grew its position in shares of Tesla by 15.8% in the first quarter. Waverly Advisors LLC now owns 66,147 shares of the electric vehicle producer’s stock valued at $24,590,000 after purchasing an additional 9,030 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Insider Activity
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer 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. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 the stock in a transaction dated 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 directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade 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. Over the last 90 days, insiders sold 32,015 shares of company stock worth $12,383,640. 19.90% of the stock is owned by insiders.
More Tesla News
- Positive Sentiment: Record quarterly revenue and deliveries show Tesla is still growing its top line. Tesla Just Delivered Record Sales—So Why Did the Stock Sell Off?
- Positive Sentiment: Some investors remain bullish on the long term, with ARK/Cathie Wood buying the dip after the post-earnings slump. Cathie Wood’s Ark Bought the Dip in Tesla Stock
- Neutral Sentiment: Tesla continued to promote robotaxi and Optimus progress, but the market appears to want tangible revenue and execution milestones before rewarding those ambitions. Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
- Negative Sentiment: Q2 earnings missed expectations, and Tesla reported negative free cash flow as spending surged. Tesla’s once-bullish tone on robotaxis shifts
- Negative Sentiment: Management’s large 2026 capex plan and AI spending push are spooking investors over margins and cash burn. Tesla sees a $200 billion wipeout as investors pan Musk’s plan to spend ‘as fast as we can’
- Negative Sentiment: Analysts have been lowering price targets following the report, reflecting near-term profitability concerns. Tesla Stock Plunges as Analysts Slash Price Targets after Q2 Earnings Miss
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on TSLA shares. Barclays lifted their price objective on Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. HSBC reaffirmed a “hold” rating on shares of Tesla in a research note on Monday, June 15th. JPMorgan Chase & Co. reduced their price target on Tesla from $475.00 to $445.00 and set a “neutral” rating on the stock in a report on Thursday. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday. Finally, Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $404.95.
View Our Latest Research Report on Tesla
Tesla Price Performance
TSLA stock opened at $313.03 on Friday. Tesla, Inc. has a 52-week low of $297.82 and a 52-week high of $498.83. The company has a quick ratio of 1.62, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.18 trillion, a price-to-earnings ratio of 289.85, a price-to-earnings-growth ratio of 10.51 and a beta of 1.80. The business has a fifty day moving average of $400.74 and a two-hundred day moving average of $402.53.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period last year, the company earned $0.33 EPS. As a group, research analysts anticipate that Tesla, Inc. will post 1.33 earnings per share for the current year.
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.
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