Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,894,465 shares of the electric vehicle producer’s stock after buying an additional 258,887 shares during the period. Tesla makes up about 1.9% of Mitsubishi UFJ Asset Management Co. Ltd.’s investment portfolio, making the stock its 8th biggest position. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.18% of Tesla worth $2,621,386,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Chapman Financial Group LLC acquired a new position in Tesla in the second quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla in the 3rd quarter valued at about $29,000. CoreFirst Bank & Trust bought a new position in Tesla during the 2nd quarter worth approximately $30,000. ESL Trust Services LLC grew its holdings in Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares during the period. Finally, Delos Wealth Advisors LLC acquired a new stake in Tesla in the second quarter worth $32,000. Institutional investors and hedge funds own 66.20% of the company’s stock.
Insider Activity
In other news, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This trade represents a 16.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 119,457 shares of company stock valued at $53,501,145 over the last ninety days. 19.90% of the stock is currently owned by company insiders.
Tesla Trading Up 1.9%
Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. The company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.73 EPS. Analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.
Analysts Set New Price Targets
Several equities analysts recently issued reports on the company. Morgan Stanley set a $415.00 price objective on Tesla and gave the company an “equal weight” rating in a research report on Thursday, January 29th. Phillip Securities decreased their price objective on Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a report on Monday, February 2nd. Mizuho set a $540.00 target price on Tesla and gave the company an “outperform” rating in a research note on Thursday, January 29th. President Capital lowered their price objective on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Finally, Bank of America increased their target price on shares of Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Eighteen research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $408.09.
Check Out Our Latest Research Report on Tesla
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Grok AI assistant expands to Australia and New Zealand — incremental revenue/engagement opportunity for Tesla’s software ecosystem. Read More.
- Positive Sentiment: Cybercab spotted testing on Chicago highways and Elon Musk targets April production with a $30K price point — signals hardware progress and potential new low‑cost product line. Read More.
- Neutral Sentiment: Tesla sued California’s DMV to reverse a ruling tied to FSD advertising — investors may view this as defensive (protects sales) but it highlights ongoing regulatory exposure and uncertainty. Read More.
- Neutral Sentiment: Broader tech insider/net‑selling trends (Magnificent Seven) and macro sentiment may pressure high‑growth names like TSLA even if company‑specific news is mixed. Read More.
- Negative Sentiment: Reuters reports Elon Musk is touting California robotaxis while Tesla has not applied for the necessary permits — undermines credibility on autonomy timelines and raises execution risk. Read More.
- Negative Sentiment: Regulatory and safety pressure intensifies after a large Autopilot liability verdict; prominent investors warn FSD modes may be unsafe — continued legal exposure and reputational hit for autonomy. Read More.
- Negative Sentiment: U.S. judge allows a hiring‑discrimination lawsuit to proceed — adds to a growing list of legal/regulatory cases investors must watch. Read More.
- Negative Sentiment: EU registrations fell sharply in January and deliveries/data point to softer demand in some markets — near‑term revenue risk for EV sales. Read More.
- Negative Sentiment: Chinese rival Xpeng expands humanoid robot production (Guangzhou) targeting large‑scale output — intensifying competition in robotics/AI hardware. Read More.
- Negative Sentiment: Valuation stretch — Tesla’s P/E remains elevated near multi‑year highs, leaving little margin for execution misses as the company pivots toward Optimus/robotaxis. Read More.
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.
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