Assenagon Asset Management S.A. Sells 1,076,030 Shares of Tesla, Inc. $TSLA

Assenagon Asset Management S.A. lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 32.8% in the fourth quarter, HoldingsChannel reports. The firm owned 2,209,375 shares of the electric vehicle producer’s stock after selling 1,076,030 shares during the quarter. Tesla makes up approximately 1.4% of Assenagon Asset Management S.A.’s holdings, making the stock its 7th biggest holding. Assenagon Asset Management S.A.’s holdings in Tesla were worth $993,600,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Financial Group LLC grew its holdings in shares of Tesla by 8.4% during the fourth quarter. Cambridge Financial Group LLC now owns 2,025 shares of the electric vehicle producer’s stock worth $897,000 after buying an additional 157 shares in the last quarter. Friday Financial lifted its stake in shares of Tesla by 16.7% during the fourth quarter. Friday Financial now owns 4,452 shares of the electric vehicle producer’s stock valued at $2,002,000 after buying an additional 638 shares during the period. Diversified Trust Co. lifted its stake in shares of Tesla by 8.2% during the fourth quarter. Diversified Trust Co. now owns 55,142 shares of the electric vehicle producer’s stock valued at $24,798,000 after buying an additional 4,176 shares during the period. Peterson Wealth Advisors LLC boosted its position in Tesla by 5.7% during the fourth quarter. Peterson Wealth Advisors LLC now owns 2,560 shares of the electric vehicle producer’s stock worth $1,151,000 after acquiring an additional 137 shares during the last quarter. Finally, Leverty Financial Group LLC grew its stake in Tesla by 41.5% in the 4th quarter. Leverty Financial Group LLC now owns 1,497 shares of the electric vehicle producer’s stock worth $673,000 after acquiring an additional 439 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Truist Financial cut 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. China Renaissance lifted their price objective on Tesla from $380.00 to $382.00 and gave the company a “hold” rating in a research report on Monday, February 2nd. Canaccord Genuity Group set a $520.00 target price on Tesla in a research note on Thursday, January 29th. BNP Paribas Exane reduced their target price on Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a research report on Monday, March 2nd. Finally, Bank of America began coverage on Tesla in a report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 price target for the company. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $406.84.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% 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. Also, Director James R. Murdoch sold 60,000 shares of the firm’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 of the company’s stock, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 87,995 shares of company stock valued at $38,315,650. Corporate insiders own 19.90% of the company’s stock.

Tesla Stock Performance

Tesla stock opened at $380.85 on Tuesday. The firm has a market capitalization of $1.43 trillion, a PE ratio of 352.64, a price-to-earnings-growth ratio of 10.88 and a beta of 1.89. Tesla, Inc. has a one year low of $214.25 and a one year high of $498.83. The stock’s 50 day moving average price is $413.40 and its 200 day moving average price is $428.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating 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 quarter last year, the company earned $0.73 earnings per share. Tesla’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, sell-side analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk announced Tesla and SpaceX will build advanced chip factories in Austin (Terafab), signaling a strategy to secure chips for AI, robots and vehicles — a long-term positive for Tesla’s autonomy/AI ambitions and vertical integration. Musk says SpaceX and Tesla to build advanced chip factories in Austin
• Positive Sentiment: Chip-equipment and supplier stocks jumped on Terafab news, which supports the credibility of the plan and suggests supplier winners — a positive ecosystem signal for Tesla’s ability to source and scale chips. Chip Gear Stocks Jump On Tesla’s Terafab Plans
• Positive Sentiment: Progress on software and hardware: reports of FSD v14.3 and a lighter redesigned Semi suggest product/tech momentum that could support future monetization (robotaxis, fleet sales). Full-Self Driving 14.3 Emerges, Tesla Stock Jumps
• Positive Sentiment: Social/media reviews of the updated Tesla Semi (lighter by ~1,000 lbs) add to the commercial-vehicle growth narrative, which investors view as incremental upside for fleet economics. Tesla Semi Redesign Opinions
• Neutral Sentiment: Macro/market tailwinds helped: a broader risk-on rally (geopolitical headlines) lifted tech names including Tesla, providing near-term support unrelated to company fundamentals. Stock Market Today: Dow Surges; Nvidia, Tesla Rebound
• Neutral Sentiment: Analysts and banks note Tesla will likely raise capex for a chip fab, but partnerships with SpaceX/xAI could share costs/benefits — outcome depends on execution and financing details. Barclays: Tesla likely to boost capex for chip factory
• Negative Sentiment: NHTSA escalated its probe into Tesla’s FSD performance (engineering analysis covering millions of vehicles), creating regulatory risk that could delay autonomy-related revenue and act as a valuation overhang. A New Regulatory Blow Could Change Tesla’s Outlook
• Negative Sentiment: Analyst caution, delivery cuts and insider selling raise near-term concerns about growth and governance; some firms have issued downgrades and lower forecasts, and market commentary worries Terafab’s cost and timing could pressure margins and valuation. Tesla stock hits new 2026 lows; UBS slashes delivery forecast

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.