Castle Hook Partners LP Has $272.28 Million Stock Position in Tesla, Inc. $TSLA

Castle Hook Partners LP lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 25.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 605,443 shares of the electric vehicle producer’s stock after selling 207,853 shares during the quarter. Tesla comprises approximately 1.1% of Castle Hook Partners LP’s holdings, making the stock its 8th largest position. Castle Hook Partners LP’s holdings in Tesla were worth $272,280,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. PFS Partners LLC boosted its stake in Tesla by 4.2% during the 4th 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 during the period. Journey Advisory Group LLC boosted its stake in Tesla by 0.7% during the 3rd 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 during the period. Boltwood Capital Management boosted its stake in Tesla by 1.2% during the 4th 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 during the period. Woodmont Investment Counsel LLC boosted its stake in Tesla by 1.2% during the 4th 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 during the period. Finally, Aspect Partners LLC boosted its stake in Tesla by 12.5% during the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer’s stock valued at $101,000 after purchasing an additional 25 shares during the period. Institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through 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 stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 57,824 shares of company stock valued at $21,657,588. 19.90% of the stock is currently owned by insiders.

Tesla Trading Down 2.0%

Tesla stock opened at $396.38 on Thursday. The business has a 50 day moving average price of $401.11 and a two-hundred day moving average price of $415.57. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.49 trillion, a price-to-earnings ratio of 363.65, a price-to-earnings-growth ratio of 16.17 and a beta of 1.80. Tesla, Inc. has a 12 month low of $288.77 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. As a group, equities analysts forecast that Tesla, Inc. will post 1.19 EPS for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Goldman Sachs raised its Q2 delivery outlook for Tesla, suggesting second-quarter vehicle deliveries could come in stronger than expected. Goldman Sachs Raises Tesla Delivery Forecast as Second-Quarter Performance Appears Stronger Than Expected (TSLA)
• Positive Sentiment: Comments from a Texas DOT official and other coverage continue to support Tesla’s robotaxi/Cybercab story, reinforcing investor hopes that autonomy could become a major future growth driver. Elon Musk’s Robotaxi Goals Get A Boost As Texas DOT Official Hails Tesla Cybercab
• Positive Sentiment: New chip and AI commentary, including Tesla’s AI5 tape-out and broader “physical AI” bullishness, is feeding the long-term thesis that Tesla can evolve beyond auto sales into an AI/robotics platform. Tesla’s AI5 Chip Recently Completed Tape-Out. Here’s Why This Could Be the Most Important Development in the Company’s Transition From Automaker to AI Giant.
• Neutral Sentiment: Ongoing speculation about a Tesla-SpaceX merger is drawing attention and adding optionality to the stock, but it remains unconfirmed and could face regulatory hurdles if it ever became real. Musk’s Next Move May Be a Mega-Merger of SpaceX and Tesla
• Neutral Sentiment: Tesla’s expansion into Argentina and charging/energy-storage collaboration news is constructive for long-term global infrastructure growth, but it is not likely to move shares much on its own. Argentina’s YPF, Tesla to explore EV charging, energy storage collaboration
• Negative Sentiment: Shares are under pressure from renewed scrutiny of Tesla’s Full Self-Driving safety data, with U.S. senators asking regulators to review whether Tesla’s crash statistics are misleading or incomplete. US senators ask for review of Tesla’s ‘Full Self-Driving’ safety data, citing Reuters report
• Negative Sentiment: Multiple articles say Tesla is slipping because investors remain unconvinced that upbeat delivery estimates alone can offset valuation concerns, competitive pressure, and caution around the autonomy narrative. Tesla stock slips below $400: why upbeat EV sales estimates are not helping
• Negative Sentiment: Bearish commentary from analysts and media also highlights concerns that Tesla’s robotaxi progress is still limited versus competitors, adding to valuation skepticism. Tesla Has Only 69 Robotaxis In Texas — But They Are Cheap

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TSLA shares. Truist Financial decreased their target price on Tesla from $438.00 to $400.00 and set a “hold” rating for the company in a research note on Thursday, April 2nd. BTIG Research downgraded Tesla to a “neutral” rating in a research note on Friday, June 5th. Jefferies Financial Group restated a “neutral” rating on shares of Tesla in a research note on Wednesday, April 22nd. Citigroup restated a “neutral” rating on shares of Tesla in a research note on Tuesday. Finally, UBS Group increased their target price on Tesla from $352.00 to $364.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $404.37.

About Tesla

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.