Savant Capital LLC Decreases Stock Holdings in Tesla, Inc. $TSLA

Savant Capital LLC lowered its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 21.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 44,721 shares of the electric vehicle producer’s stock after selling 12,121 shares during the period. Savant Capital LLC’s holdings in Tesla were worth $20,112,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Networth Advisors LLC purchased a new position in Tesla during the 4th quarter valued at about $26,000. Davidson Capital Management Inc. increased its holdings 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 acquiring an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in Tesla during the 3rd quarter valued at about $30,000. Prism Advisors Inc. purchased a new position in Tesla during the 4th quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in Tesla during the 3rd quarter valued at about $31,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on TSLA shares. Royal Bank Of Canada restated a “buy” rating on shares of Tesla in a report on Monday, April 27th. Morgan Stanley set a $415.00 target price on shares of Tesla and gave the company an “equal weight” rating in a report on Thursday, January 29th. Tigress Financial started coverage on shares of Tesla in a report on Monday, April 27th. They set a “buy” rating for the company. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a report on Thursday, January 29th. Finally, Roth Mkm reiterated a “buy” rating on shares of Tesla in a 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 given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $395.20.

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $442.10 on Friday. The company has a 50-day simple moving average of $390.98 and a 200-day simple moving average of $416.27. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a 12 month low of $273.21 and a 12 month high of $498.83. The company has a market cap of $1.66 trillion, a PE ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last released its 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. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same period last year, the company earned $0.27 earnings per share. The company’s quarterly revenue was up 15.8% on a year-over-year basis. On average, equities analysts anticipate that Tesla, Inc. will post 1.2 earnings per share for the current year.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was 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 $18,300,145.89. This 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. Insiders sold 57,482 shares of company stock worth $21,508,331 over the last three months. Corporate insiders own 19.90% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s European sales rebound is providing tangible evidence of improving EV demand and helping restore confidence in the core auto business.
• Positive Sentiment: Approval of Full Self-Driving (Supervised) in Lithuania supports the long-term autonomous-driving narrative and signals continued regulatory expansion in Europe.
• Positive Sentiment: Investor enthusiasm around robotaxi, AI, and Optimus remains a major sentiment tailwind for TSLA, even before new product details are fully released.
• Neutral Sentiment: Reports and commentary about a possible Tesla-SpaceX merger are generating speculation, but the idea is still unconfirmed and mostly affects sentiment rather than current fundamentals.
• Negative Sentiment: Analysts warn that Tesla’s Terafab chip project and broader AI ambitions face execution risks, including talent shortages and tight timelines.
• Negative Sentiment: Some coverage also highlights concerns about insider selling, valuation, and the company’s dependence on future AI monetization to justify the stock’s premium.

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.