Titleist Asset Management LLC Cuts Stock Position in Tesla, Inc. $TSLA

Titleist Asset Management LLC cut its holdings in Tesla, Inc. (NASDAQ:TSLA) by 0.7% in the third quarter, HoldingsChannel reports. The firm owned 173,496 shares of the electric vehicle producer’s stock after selling 1,239 shares during the period. Tesla accounts for approximately 6.7% of Titleist Asset Management LLC’s portfolio, making the stock its biggest holding. Titleist Asset Management LLC’s holdings in Tesla were worth $77,157,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TSLA. Kondo Wealth Advisors Inc. boosted its stake in shares of Tesla by 23.7% during the 3rd quarter. Kondo Wealth Advisors Inc. now owns 1,468 shares of the electric vehicle producer’s stock worth $653,000 after acquiring an additional 281 shares in the last quarter. RMR Wealth Builders grew its position in Tesla by 6.2% during the third quarter. RMR Wealth Builders now owns 13,381 shares of the electric vehicle producer’s stock worth $5,951,000 after buying an additional 782 shares in the last quarter. Portside Wealth Group LLC raised its stake in shares of Tesla by 9.0% in the third quarter. Portside Wealth Group LLC now owns 18,770 shares of the electric vehicle producer’s stock valued at $8,347,000 after purchasing an additional 1,543 shares in the last quarter. ABN AMRO Bank N.V. acquired a new stake in shares of Tesla during the 3rd quarter valued at about $5,602,000. Finally, HighPoint Advisor Group LLC grew its stake in shares of Tesla by 1.5% in the 3rd quarter. HighPoint Advisor Group LLC now owns 93,934 shares of the electric vehicle producer’s stock valued at $41,775,000 after purchasing an additional 1,376 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 119,457 shares of company stock worth $53,501,145 over the last three months. Company insiders own 19.90% of the company’s stock.

Tesla Trading Down 3.8%

Shares of Tesla stock opened at $406.01 on Thursday. The firm’s 50 day moving average is $447.41 and its 200 day moving average is $410.12. The firm has a market capitalization of $1.52 trillion, a PE ratio of 375.94, a price-to-earnings-growth ratio of 14.13 and a beta of 1.86. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the prior year, the business earned $0.73 earnings per share. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TSLA shares. Truist Financial dropped their price target on Tesla from $439.00 to $438.00 and set a “hold” rating for the company in a report on Thursday, January 29th. Bank of America raised their price objective on Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. New Street Research increased their target price on Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Wells Fargo & Company cut their price target on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research report on Thursday, January 29th. Finally, TD Cowen lifted their price objective on shares of Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the company’s stock. According to MarketBeat.com, Tesla currently has a consensus rating of “Hold” and an average target price of $403.92.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China-made vehicle shipments rose ~9.3% year-over-year in January, extending a three‑month recovery that supports Tesla’s revenue outlook in its largest market. Tesla’s China-made EV sales rise
• Positive Sentiment: Tesla launched a lower‑priced Model Y AWD variant at $41,990 to help stabilize volume and defend share in price‑sensitive segments — a tactical move to shore up deliveries if execution holds. Tesla introduces new Model Y variant
• Positive Sentiment: Speculation that SpaceX’s takeover of xAI could lead to tighter tech cross‑pollination or even a future transaction involving Tesla supports the AI/robotics growth narrative and upside expectations for Optimus/robotaxi monetization. SpaceX-xAI merger implications for Tesla
• Neutral Sentiment: Lawmakers, Waymo and Tesla urging Congress to speed self‑driving legislation is a potential long‑term tailwind for robotaxi commercialization but provides little immediate clarity on timing or regulatory outcomes. US lawmakers urge action on self-driving
• Neutral Sentiment: Some firms (e.g., Cantor/Mizuho) remain constructive on Tesla’s AI/robotics story and energy business, reflecting divergent analyst views that keep the stock volatile around catalysts. Why Cantor is sticking with Tesla
• Negative Sentiment: A federal judge said Elon Musk and Tesla likely cannot escape a copyright suit tied to the film “Blade Runner 2049,” keeping legal overhang and litigation costs on the table. Blade Runner 2049 lawsuit ruling
• Negative Sentiment: Analyst pressure intensified: Phillip Securities cut its price target sharply and other downgrades/low targets circulated, increasing downside risk for a stock trading at very high multiples. Phillip Securities lowers Tesla price target
• Negative Sentiment: Competitive and regional demand worries: UK and several European markets show plunging registrations and Chinese rivals (BYD) are taking share; Waymo’s recent $16B funding round also ramps competitive pressure on the robotaxi timeline. Tesla UK sales plunge Waymo $16B raise

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.