Aigen Investment Management LP Trims Holdings in Tesla, Inc. $TSLA

Aigen Investment Management LP lowered its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 32.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,328 shares of the electric vehicle producer’s stock after selling 1,625 shares during the period. Aigen Investment Management LP’s holdings in Tesla were worth $1,497,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Atlas Capital Advisors Inc. purchased a new position in Tesla during the 4th quarter worth $427,000. Acasta Partners UK LLP purchased a new position in Tesla during the 4th quarter worth $827,000. Arete Wealth Advisors LLC raised its position in Tesla by 33.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 28,465 shares of the electric vehicle producer’s stock worth $12,804,000 after buying an additional 7,072 shares during the last quarter. Jacobi Capital Management LLC raised its position in Tesla by 0.7% during the 4th quarter. Jacobi Capital Management LLC now owns 8,822 shares of the electric vehicle producer’s stock worth $3,967,000 after buying an additional 63 shares during the last quarter. Finally, CreativeOne Wealth LLC raised its position in Tesla by 4.2% during the 4th quarter. CreativeOne Wealth LLC now owns 61,932 shares of the electric vehicle producer’s stock worth $27,852,000 after buying an additional 2,479 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on TSLA shares. UBS Group upped their price objective on shares of Tesla from $352.00 to $364.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Roth Mkm reaffirmed a “buy” rating on shares of Tesla in a research note on Thursday, April 23rd. Glj Research reaffirmed a “sell” rating on shares of Tesla in a research note on Friday. Finally, Tigress Financial started coverage on shares of Tesla in a research note on Monday, April 27th. They set a “buy” rating on the stock. Twenty-two investment 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. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $404.37.

Insider Activity

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 over the last ninety days. 19.90% of the stock is owned by corporate insiders.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $406.43 on Friday. The stock has a market cap of $1.53 trillion, a price-to-earnings ratio of 372.87, a PEG ratio of 16.25 and a beta of 1.80. Tesla, Inc. has a 52 week low of $288.77 and a 52 week high of $498.83. The company’s 50-day moving average price is $398.35 and its 200 day moving average price is $416.01. 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 issued its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 3.95% and a return on equity of 4.89%. The firm’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 EPS. As a group, research analysts forecast that Tesla, Inc. will post 1.19 earnings per share for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is still benefiting from its autonomy and AI story, with reports highlighting its unsupervised robotaxi rollout and expanded Full Self-Driving approvals in Europe, including Belgium and Denmark. Tesla Robotaxi Rollout And FSD Expansion Test Rich Valuation Narrative
• Positive Sentiment: Some analysts remain constructive on Tesla’s long-term growth, pointing to underappreciated opportunities in autonomous vehicles, humanoid robotics, and energy storage, which supports the bull case despite near-term volatility. JPMorgan Echoes Why Tesla, Inc. (TSLA) is One of the Best Forever Stocks to Buy
• Neutral Sentiment: There is also ongoing merger speculation between Tesla and SpaceX, with Gwynne Shotwell saying a tie-up “might make Elon’s life a little easier,” but this remains highly speculative and not an immediate business catalyst. SpaceX COO Shotwell says Tesla tie-up ‘might make Elon’s life a little easier’
• Neutral Sentiment: New articles comparing Tesla with BYD and discussing how SpaceX’s debut compares with Tesla’s history are mostly narrative-driven and do not change Tesla’s fundamentals by themselves. Is it too late to buy SpaceX’s stock? Here’s how Tesla’s did after one day and five years.
• Negative Sentiment: Multiple pieces say Tesla may be losing investor attention to SpaceX, with fears that capital is being redirected to the high-profile IPO; that dynamic has weighed on TSLA sentiment. What’s Going On With Tesla Stock Friday
• Negative Sentiment: Bearish commentary also remains in the background, including a Glj Research “sell” reaffirmation and articles arguing Tesla’s battery advantage is thinning, which adds pressure on valuation concerns. Tesla: The Battery Moat Is Becoming Thinner

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.