BI Asset Management Fondsmaeglerselskab A S Has $49.34 Million Position in Tesla, Inc. $TSLA

BI Asset Management Fondsmaeglerselskab A S trimmed its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 44.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,723 shares of the electric vehicle producer’s stock after selling 107,395 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Tesla were worth $49,340,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Networth Advisors LLC acquired a new position in Tesla during the fourth quarter valued at approximately $26,000. Davidson Capital Management Inc. boosted its holdings in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. bought a new position in shares of Tesla in the third quarter valued at $30,000. Prism Advisors Inc. bought a new stake in Tesla during the fourth quarter worth $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Tesla in the third quarter valued at $31,000. Institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 57,824 shares of company stock worth $21,657,588. 19.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on TSLA shares. Robert W. Baird lowered their price objective on shares of Tesla from $538.00 to $522.00 and set an “outperform” rating on the stock in a research note on Friday, April 24th. TD Cowen reiterated a “buy” rating and set a $490.00 price target on shares of Tesla in a report on Thursday, June 4th. Tigress Financial began coverage on Tesla in a research report on Monday, April 27th. They set a “buy” rating on the stock. Roth Mkm restated a “buy” rating on shares of Tesla in a research note on Thursday, April 23rd. Finally, HSBC reaffirmed a “hold” rating on shares of Tesla in a research report on Monday, June 15th. Twenty-one equities research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, Tesla presently has a consensus rating of “Hold” and a consensus price target of $404.37.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk exercised stock options that lifted his Tesla ownership to 19.9%, reinforcing alignment with shareholders and signaling confidence in the company’s long-term strategy.
• Positive Sentiment: ARK Invest, led by Cathie Wood, bought more Tesla shares, adding to a broader bullish narrative around TSLA as an AI and autonomous-driving leader. Article Title
• Positive Sentiment: Analysts and commentary continue to frame Tesla as more than an EV maker, highlighting its AI, robotaxi, and robotics ambitions, which supports the stock’s premium valuation.
• Neutral Sentiment: Tesla received approval for supervised FSD in Denmark, a modest positive for its European rollout, but the approval is still limited and does not remove broader regulatory hurdles.
• Negative Sentiment: Reuters reported that Sweden may push back against Tesla’s supervised self-driving rollout in Europe unless speed-limit behavior is changed, creating a potential roadblock for FSD expansion. Article Title
• Negative Sentiment: Additional reports flagged “fresh FSD roadblock” concerns in Europe, keeping investor focus on regulatory risk rather than near-term software monetization.

Tesla Stock Performance

Shares of TSLA stock opened at $400.49 on Monday. Tesla, Inc. has a 52 week low of $288.77 and a 52 week high of $498.83. The company has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 367.42, a PEG ratio of 16.01 and a beta of 1.80. The company has a 50-day simple moving average of $403.33 and a 200 day simple moving average of $415.15. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate 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 business’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 EPS. On average, sell-side analysts predict that Tesla, Inc. will post 1.19 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.