Tesla, Inc. $TSLA is IFM Investors Pty Ltd’s 9th Largest Position

IFM Investors Pty Ltd decreased its holdings in Tesla, Inc. (NASDAQ:TSLA) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 560,384 shares of the electric vehicle producer’s stock after selling 7,363 shares during the period. Tesla accounts for about 2.1% of IFM Investors Pty Ltd’s investment portfolio, making the stock its 9th biggest holding. IFM Investors Pty Ltd’s holdings in Tesla were worth $252,016,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TSLA. Networth Advisors LLC acquired a new position in shares of Tesla in the fourth quarter valued at approximately $26,000. Davidson Capital Management Inc. grew its holdings in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in Tesla in the third quarter valued at $30,000. Prism Advisors Inc. acquired a new stake in Tesla in the fourth quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Tesla in the third quarter valued at $31,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

TSLA has been the topic of several research reports. Bank of America initiated coverage on Tesla in a report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 target price on the stock. The Goldman Sachs Group initiated coverage on Tesla in a research report on Friday, June 5th. They issued a “buy” rating on the stock. Cantor Fitzgerald restated an “overweight” rating on shares of Tesla in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft initiated coverage on Tesla in a research report on Friday, June 5th. They issued a “buy” rating on the stock. Finally, Phillip Securities reduced their price objective on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a research report on Wednesday, May 13th. Twenty-two research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $404.37.

Insider Activity

In related news, 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 in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through 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 firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. This trade represents a 14.21% 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 worth $21,657,588 over the last quarter. 19.90% of the stock is currently owned by company insiders.

Tesla Stock Performance

NASDAQ TSLA opened at $399.15 on Friday. The business’s 50-day moving average price is $397.84 and its 200 day moving average price is $416.08. Tesla, Inc. has a twelve month low of $288.77 and a twelve month high of $498.83. The company has a market capitalization of $1.50 trillion, a PE ratio of 366.19, a price-to-earnings-growth ratio of 15.29 and a beta of 1.80. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last released its earnings results 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. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same period in the prior year, the business posted $0.27 earnings per share. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, research analysts predict that Tesla, Inc. will post 1.19 earnings per share for the current year.

Trending Headlines about Tesla

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.

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.