Fifth Third Bancorp Sells 10,224 Shares of Tesla, Inc. $TSLA

Fifth Third Bancorp lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 417,264 shares of the electric vehicle producer’s stock after selling 10,224 shares during the quarter. Fifth Third Bancorp’s holdings in Tesla were worth $185,566,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in TSLA. Norges Bank bought a new position in shares of Tesla in the second quarter valued at approximately $11,839,824,000. Vanguard Group Inc. grew its stake in Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock valued at $79,856,764,000 after buying an additional 4,502,976 shares during the last quarter. Amundi raised its holdings in Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock worth $6,374,284,000 after acquiring an additional 3,422,270 shares during the period. Jennison Associates LLC lifted its position in Tesla by 38.3% during the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock worth $4,851,747,000 after acquiring an additional 3,021,550 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Tesla by 2.0% during the second quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after acquiring an additional 1,269,304 shares during the period. 66.20% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut their price objective on Tesla from $500.00 to $480.00 and set a “buy” rating for the company in a research report on Friday, January 30th. Wedbush reissued an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Roth Mkm set a $505.00 price objective on shares of Tesla and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Dbs Bank upgraded shares of Tesla to a “hold” rating in a research note on Wednesday, November 5th. Finally, Wall Street Zen upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $408.09.

Tesla Trading Up 0.1%

Shares of TSLA stock opened at $417.44 on Monday. The firm has a fifty day moving average of $444.24 and a 200-day moving average of $415.36. The stock has a market cap of $1.57 trillion, a price-to-earnings ratio of 386.52, a P/E/G ratio of 14.69 and a beta of 1.86. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.73 earnings per share. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Transactions at Tesla

In other news, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, the director owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of Tesla 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 transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 119,457 shares of company stock valued at $53,501,145. Corporate insiders own 19.90% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Technical/analyst support — Tesla has bounced off key support around the low-$390s and momentum indicators are turning bullish; several firms have reiterated buy ratings with price targets north of $500, which is supporting the rally. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile
• Positive Sentiment: Fresh buy-side support — New coverage/price-targets (Tigress Financial set a $550 target) give upside narrative that can attract momentum-focused flows. Tigress $550 Price Target Coverage
• Positive Sentiment: Regulatory relief in China — reports that a Chinese watchdog is moving to curb destructive price competition have been cited as a near-term tailwind for Tesla’s pricing and margins in China. Tesla Stock Rises as Chinese Watchdog Moves to Tame Cutthroat Price War
• Neutral Sentiment: Market context — some commentary explains why TSLA can rise even while Big Tech sells off (rotation and idiosyncratic drivers), which helps explain today’s divergence. Why Tesla stock is climbing even as Big Tech sells off
• Neutral Sentiment: Robotics competition note — a congresswoman disclosed a stake in Apptronik (a Tesla humanoid/robotics rival); this highlights competition in Tesla’s broader robotics/“physical AI” story but is not an immediate earnings driver. Congresswoman With Stake In Musk’s xAI Adds Position In Tesla’s Robot Rival Apptronik
• Negative Sentiment: U.S. and China deliveries under pressure — U.S. registrations are estimated down ~17% in January, and separate reports show China deliveries plunged (one report cites a ~45% drop), weighing on near-term revenue growth. Tesla’s January Sales Drop 17%, But Its Market Share May Have Risen
• Negative Sentiment: Competitive pressure in China — Xiaomi’s new YU7 outsold the Model Y in January, a sign of intensifying local competition that could pressure Tesla’s share and pricing in its biggest market. Tesla Rival Xiaomi’s YU7 SUV Overtakes Model Y China Sales In January
• Negative Sentiment: Institutional trimming and investor fatigue — ARK and Primecap reported notable Tesla share reductions, and analysts/commentary note some long-term holders and experienced employees are stepping away, reinforcing valuation and execution concerns. ARK Investment Management Cuts Tesla Stake

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.