Danica Pension Livsforsikringsaktieselskab Takes $40.62 Million Position in Tesla, Inc. $TSLA

Danica Pension Livsforsikringsaktieselskab purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 109,260 shares of the electric vehicle producer’s stock, valued at approximately $40,617,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Networth Advisors LLC bought a new position in Tesla during the 4th quarter worth approximately $26,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the 2nd quarter valued at approximately $26,000. Davidson Capital Management Inc. lifted its stake in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after purchasing an additional 27 shares during the last quarter. Friedenthal Financial lifted its stake in Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 30 shares during the last quarter. Finally, Prism Advisors Inc. acquired a new position in Tesla in the fourth quarter worth $30,000. 66.20% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the sale, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available 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 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 of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 32,015 shares of company stock valued at $12,383,640 in the last ninety days. Corporate insiders own 19.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Tigress Financial began coverage on shares of Tesla in a report on Monday, April 27th. They set a “buy” rating on the stock. Citigroup assumed coverage on shares of Tesla in a report on Thursday, July 9th. They issued a “market perform” rating for the company. BNP Paribas Exane downgraded shares of Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective on the stock in a research note on Friday, April 24th. Finally, Oppenheimer reissued a “market perform” rating on shares of Tesla in a report on Thursday, June 11th. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $408.07.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record Q2 deliveries of 480,126 vehicles, its best quarter in two years, which gives bulls confidence that demand improved heading into earnings.
• Positive Sentiment: Options markets are pricing in a large earnings move, suggesting traders expect a volatile reaction and are actively betting on a meaningful catalyst from the report.
• Positive Sentiment: Tesla expanded its robotaxi service to Orlando and Tampa ahead of earnings, reinforcing investor hopes that the company is making progress beyond its core auto business. Article Title
• Positive Sentiment: Investors are looking for updates on FSD, robotaxi, and Optimus, and management teasing new software features and AI-driven tools is helping keep the growth story alive. Article Title
• Neutral Sentiment: Wall Street expects another quarter of revenue and earnings growth, but many analysts say the bar is high and that the stock may react more to guidance than to the headline numbers.
• Neutral Sentiment: Broader market news is also supportive, with tech stocks and the Nasdaq rallying ahead of Big Tech earnings, which may be helping Tesla participate in the rebound. Article Title
• Negative Sentiment: Investors remain focused on Tesla’s heavy spending on AI, robotaxis, and robotics, with reports warning that cash burn could rise and pressure near-term profitability.
• Negative Sentiment: Some commentary says Tesla’s valuation is still stretched and that the company must deliver more than strong EV sales to justify its premium multiple.
• Negative Sentiment: Competitor chatter and cautious analyst notes are tempering enthusiasm, including concerns about rising EV competition and whether current products can sustain Tesla’s growth narrative.

Tesla Stock Up 2.5%

Shares of Tesla stock opened at $378.93 on Wednesday. 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, Inc. has a 1-year low of $297.82 and a 1-year high of $498.83. The business’s fifty day moving average price is $406.82 and its two-hundred day moving average price is $404.53. The company has a market capitalization of $1.42 trillion, a P/E ratio of 347.64, a PEG ratio of 12.40 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The company 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.27 earnings per share. As a group, research analysts forecast that Tesla, Inc. will post 1.34 EPS for the current year.

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.