Fjarde AP Fonden Fourth Swedish National Pension Fund Has $69.42 Million Stock Position in Tesla, Inc. $TSLA

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 154,362 shares of the electric vehicle producer’s stock after selling 9,400 shares during the period. Tesla accounts for 0.6% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings, making the stock its 25th biggest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Tesla were worth $69,420,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. PFS Partners LLC increased its stake in Tesla by 4.2% in the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock valued at $265,000 after purchasing an additional 24 shares in the last quarter. Presidio Capital Management LLC increased its stake in Tesla by 0.6% in the third quarter. Presidio Capital Management LLC now owns 3,996 shares of the electric vehicle producer’s stock valued at $1,777,000 after purchasing an additional 25 shares in the last quarter. Journey Advisory Group LLC increased its stake in Tesla by 0.7% in the third quarter. Journey Advisory Group LLC now owns 3,414 shares of the electric vehicle producer’s stock valued at $1,518,000 after purchasing an additional 25 shares in the last quarter. Boltwood Capital Management increased its stake in Tesla by 1.2% in the fourth quarter. Boltwood Capital Management now owns 2,120 shares of the electric vehicle producer’s stock valued at $953,000 after purchasing an additional 25 shares in the last quarter. Finally, Woodmont Investment Counsel LLC increased its stake in Tesla by 1.2% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock valued at $955,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Stock Down 6.6%

Shares of NASDAQ TSLA opened at $391.00 on Friday. The stock has a market capitalization of $1.47 trillion, a P/E ratio of 358.72, a P/E/G ratio of 16.52 and a beta of 1.80. The company has a 50-day moving average price of $395.33 and a 200-day moving average price of $416.06. Tesla, Inc. has a 1 year low of $281.85 and a 1 year high of $498.83. 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 (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, 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 in the previous year, the company earned $0.27 earnings per share. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, equities research analysts forecast that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on TSLA shares. UBS Group lifted their price target on shares of Tesla from $352.00 to $364.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. DZ Bank raised shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price target for the company in a research note on Friday, April 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Friday, April 24th. Bank of America started coverage on shares of Tesla in a report on Wednesday, March 4th. They set a “buy” rating and a $460.00 price objective for the company. Finally, Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Twenty-two 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 company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $404.37.

Insider Activity

In related news, CFO Vaibhav Taneja sold 3,000 shares of the business’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 transaction, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 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 transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was 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. Over the last 90 days, insiders have sold 55,218 shares of company stock worth $20,609,455. 19.90% of the stock is owned by corporate insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: J.P. Morgan upgraded Tesla and said the company’s long-term story is being driven by autonomous driving and robotics, which is a meaningful endorsement from a former bear. JP Morgan upgrades Tesla to ‘neutral’, sees robotics driving long-term growth
• Positive Sentiment: Broader commentary around Tesla’s AI and robotics ambitions, including Optimus and robotaxi progress, is reinforcing the bullish case that Tesla could be valued more like an AI platform than a carmaker. J.P. Morgan Upgrades Tesla Stock (TSLA) to ‘Neutral,’ Says ‘TSLA Is at the Forefront of Physical AI’
• Positive Sentiment: Some reports point to improving vehicle sales and stronger autonomous-driving momentum, including expansion of Tesla’s robotaxi service in Austin and rising global EV sales led by Tesla. Global Electric Vehicle Sales Rose 16% in April, Led by Tesla (TSLA)
• Neutral Sentiment: SpaceX’s huge IPO and Elon Musk-related headlines are boosting attention on Musk’s broader empire, but they are not direct operating catalysts for Tesla’s core business. SpaceX targets $135 IPO price at valuation of $1.77 trillion
• Negative Sentiment: Tesla remains vulnerable to valuation concerns, with multiple pieces noting that the stock price already reflects a lot of future AI and robotics success before those profits are proven. Buy, Hold, or Sell: Is Tesla Stock a Sell Above $400?
• Negative Sentiment: There are also recurring concerns about competition, robotaxi execution, and softer short-term trading sentiment, which may limit upside even after the upgrade. More Unfortunate News for Tesla Stock Investors

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.