Major Firms Reshape Investments in Tesla Shares

Tesla's stock performance showed a decline in Q1 earnings, with revenue below expectations at $19.34 billion. Analysts provided varying ratings, including "sell," "hold," and "buy," reflecting a mixed average rating of "Hold" and a target price of $298.37.

Western Wealth Management LLC decreased its TSLA holdings by 12.3% in the first quarter, selling 3,963 shares, reducing ownership to 28,207 shares worth $7,310,000. Various institutional investors modified their TSLA positions, while analysts set new price targets.

Decker Retirement Planning Inc. increased its Tesla shares by 15.1% in Q1, owning 12,911 shares worth $3,346,000, making Tesla 2.1% of its portfolio. Other investors also adjusted their Tesla holdings, reflecting significant institutional interest in the company.

Uniting Wealth Partners LLC increased its Tesla stake by 71.7% in the first quarter, holding 2,167 shares valued at $562,000. Other institutional investors have also modified Tesla holdings. Tesla shares opened at $323.63 with a market cap of $1.04 trillion.

Patron Partners LLC reduced its Tesla holdings by 29% in Q1, owning 2,135 shares worth $553,000. Analysts have varied opinions, with Tesla holding a "Hold" consensus and average price target of $298.37, despite notable insider share sales.

Surience Private Wealth LLC significantly reduced its Tesla holdings by 84.7% in Q1, selling 8,356 shares. Tesla now represents 0.7% of its portfolio, valued at $390,000. Institutional investors and hedge funds own 66.20% of Tesla stock.

Bordeaux Wealth Advisors LLC increased its Tesla holdings by 25.5% in the first quarter, now owning 36,941 shares valued at $9,574,000. Tesla shares were trading at $323.63, with a significant institutional ownership of 66.20%.

Sumitomo Mitsui Trust Group Inc. increased its holdings in Tesla by 5.8% in Q1, owning approximately 0.26% of Tesla worth $2.16 billion, making it their 7th largest holding at 1.5% of its investment portfolio.

Allspring Global Investments reduced its Tesla holdings by 4.4% in the first quarter, owning 277,003 shares worth $74,364,000. Other institutional investors have increased their positions. Tesla has a consensus "Hold" rating, with varying target price adjustments from analysts.

Highland Capital Management LLC decreased its Tesla holdings by 20.4% in the first quarter, owning 27,307 shares worth $7,077,000 after selling 6,997 shares. Institutional investors hold 66.20% of Tesla stock, with analysts providing a consensus "Hold" rating.

Several institutional investors have recently altered their Tesla holdings, with Hartmann Taylor Wealth Management LLC acquiring a new stake. The stock is mostly held by institutions, with analysts providing varied ratings, leading to an average "Hold" consensus.

Kessler Investment Group LLC drastically reduced its Tesla holdings by 98.6% in the first quarter, selling 22,263 shares and retaining 312 shares. The firm had Tesla holdings valued at $81,000 at the reporting period’s end.

Perpetual Ltd reduced its stake in Tesla by 24.2% in Q1, owning 4,230 shares worth $1,096,000. Tesla's Q1 earnings per share were $0.27, missing estimates of $0.53, with revenue of $19.34 billion below the expected $22.93 billion.

U.S. Global Investors Inc. increased its Tesla holdings by 53.7% in Q1, owning 7,440 shares worth $1,928,000. Tesla's stock saw movements, and analysts provided mixed ratings, with a consensus hold rating and average price target of $298.37.

Several hedge funds adjusted their Tesla holdings, notably Norges Bank initiating a $14.42 billion stake, and FMR LLC increasing shares by 40.1% in Q4. Tesla reported lower-than-expected earnings with a $19.34 billion revenue and an average "Hold" analyst rating.

Mirae Asset Global Investments Co. Ltd. increased its Tesla holdings by 17.8% in the first quarter, owning 1,662,953 shares valued at $428,533,000. Tesla stock had a market cap of $1.04 trillion, with institutional investors owning 66.20% of shares.

Creative Financial Designs Inc. ADV increased its Tesla shares by 33.2% in Q1, totaling 10,093 shares worth $2,616,000. Tesla's consensus rating is "Hold" with a $298.37 price target, amidst varied analyst opinions and insider share sales.

Cvfg LLC increased its Tesla holdings by 50.4% in the first quarter, valuing the new shares at $868,000. Analysts have mixed ratings for Tesla, with a consensus price target of $298.37 and an average stock rating of "Hold."

Field & Main Bank increased its stake in Tesla by 653.1% in the first quarter, owning 2,297 shares valued at $595,000. Other funds also adjusted their Tesla holdings in recent months, with varied changes in share positions and values.

International Assets Investment Management LLC increased its Tesla holdings by 11.2% in the first quarter, owning 46,670 shares worth $12,095,000. Tesla received mixed analyst ratings, with a consensus "Hold" rating and a $298.37 price target.

Tesla's earnings report revealed a $0.27 EPS for the quarter, missing analysts' estimates of $0.53 by $0.26. Revenue was $19.34 billion, below expectations of $22.93 billion, prompting Cantor Fitzgerald to lower its price target from $425 to $355.