Lockheed Martin Investment Management Co. Increases Stake in Tesla, Inc. $TSLA

Lockheed Martin Investment Management Co. increased its holdings in Tesla, Inc. (NASDAQ:TSLA) by 73.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 139,900 shares of the electric vehicle producer’s stock after acquiring an additional 59,400 shares during the period. Tesla makes up approximately 2.1% of Lockheed Martin Investment Management Co.’s investment portfolio, making the stock its 16th biggest position. Lockheed Martin Investment Management Co.’s holdings in Tesla were worth $62,916,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. Networth Advisors LLC bought a new stake in shares of Tesla in the 4th quarter valued at about $26,000. Chapman Financial Group LLC purchased a new stake in Tesla during the 2nd quarter valued at $26,000. Davidson Capital Management Inc. boosted its position in Tesla by 79.4% during 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 period. Manning & Napier Advisors LLC purchased a new stake in Tesla during the 3rd quarter valued at $29,000. Finally, Prism Advisors Inc. purchased a new stake in Tesla during the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is moving ahead with a $250 million investment in its Berlin Gigafactory, which could expand battery output, add jobs, and support future European production growth. Tesla to Invest $250 Million in Berlin Gigafactory
• Positive Sentiment: New Tesla-linked ETFs are being launched to provide weekly income while still retaining some upside exposure to TSLA, reflecting continued investor demand for the stock. These New Nvidia And Tesla ETFs Want To Deliver Weekly Income Without Fully Sacrificing Upside
• Neutral Sentiment: Elon Musk’s China trip kept Tesla in the spotlight, but the meeting produced no major breakthrough on Full Self-Driving approval or trade terms that investors were hoping for. Tesla Stock Slumps After Trump’s China Trip Ends Without “Material Agreements”
• Neutral Sentiment: Tesla is starting work on a Cybercab car wash in Nevada, signaling progress on robotaxi-related infrastructure, though the project is still early-stage. Tesla (TSLA) to Build Cybercab Car Wash in Nevada as Robotaxi Plans Take Shape
• Negative Sentiment: Robotaxi concerns are intensifying after reports of long wait times, navigation issues, and crashes, reinforcing doubts about Tesla’s timeline for autonomous driving monetization. Tesla robotaxi rollout features long wait times, safety concerns
• Negative Sentiment: An Australian judge sharply criticized Tesla in a class-action case, warning the company could have “a really bad time” if it does not cooperate on document production, adding legal overhang. Australian judge criticises Tesla for ‘gobsmacking’ slow progress in class action lawsuit

Insider Transactions at Tesla

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 completion of the sale, the director directly owned 48,399 shares in the company, valued at approximately $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 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 shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This represents a 14.21% 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. Over the last 90 days, insiders have sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. UBS Group increased their price target on shares of Tesla from $352.00 to $364.00 and gave the company a “neutral” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a research report on Friday, April 24th. TD Cowen reaffirmed a “buy” rating and issued a $490.00 target price on shares of Tesla in a research report on Thursday, April 23rd. Canaccord Genuity Group raised their target price on shares of Tesla from $420.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Tesla in a research report on Thursday, April 23rd. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat, Tesla presently has an average rating of “Hold” and a consensus target price of $395.20.

Tesla Stock Down 4.8%

Shares of Tesla stock opened at $422.24 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The company has a 50-day moving average of $386.41 and a 200 day moving average of $418.28. The firm has a market cap of $1.59 trillion, a price-to-earnings ratio of 387.38, a PEG ratio of 17.48 and a beta of 1.79. Tesla, Inc. has a 1 year low of $273.21 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the business earned $0.27 EPS. As a group, sell-side analysts anticipate that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Tesla Company 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.