AlphaStar Capital Management LLC Raises Stake in Tesla, Inc. $TSLA

May 3, 2026

AlphaStar Capital Management LLC raised its stake in Tesla, Inc. (NASDAQ:TSLAFree Report) by 12.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,943 shares of the electric vehicle producer’s stock after buying an additional 2,052 shares during the period. Tesla makes up approximately 0.6% of AlphaStar Capital Management LLC’s holdings, making the stock its 29th largest holding. AlphaStar Capital Management LLC’s holdings in Tesla were worth $8,519,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Woodard & Co. Asset Management Group Inc. ADV increased its holdings in Tesla by 67.0% in the fourth quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,973 shares of the electric vehicle producer’s stock valued at $1,337,000 after buying an additional 1,193 shares in the last quarter. Greenfield Savings Bank boosted its position in Tesla by 5.8% during the fourth quarter. Greenfield Savings Bank now owns 4,645 shares of the electric vehicle producer’s stock worth $2,089,000 after purchasing an additional 255 shares in the last quarter. PKO Investment Management Joint Stock Co boosted its position in Tesla by 5.9% during the fourth quarter. PKO Investment Management Joint Stock Co now owns 58,800 shares of the electric vehicle producer’s stock worth $26,444,000 after purchasing an additional 3,250 shares in the last quarter. Sachetta LLC boosted its position in Tesla by 144.6% during the fourth quarter. Sachetta LLC now owns 4,273 shares of the electric vehicle producer’s stock worth $1,922,000 after purchasing an additional 2,526 shares in the last quarter. Finally, Legacy Edge Advisors LLC purchased a new stake in Tesla during the fourth quarter worth $523,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TSLA. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Truist Financial dropped their target price on shares of Tesla from $438.00 to $400.00 and set a “hold” rating for the company in a report on Thursday, April 2nd. Mizuho dropped their target price on shares of Tesla from $540.00 to $480.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Jefferies Financial Group restated a “neutral” rating on shares of Tesla in a report on Wednesday, April 22nd. Finally, DZ Bank raised Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price on the stock in a research note on Friday, April 24th. Nineteen analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $398.42.

Read Our Latest Research Report on Tesla

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares of the company’s stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 53,804 shares of company stock valued at $20,865,598. Company insiders own 19.90% of the company’s stock.

Tesla Trading Up 2.4%

Tesla stock opened at $390.82 on Friday. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.47 trillion, a PE ratio of 358.55, a P/E/G ratio of 14.87 and a beta of 1.79. The stock has a 50-day moving average price of $383.09 and a 200 day moving average price of $419.17. Tesla, Inc. has a 52 week low of $271.00 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLAGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 earnings per share. Equities research analysts predict that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year.

Key Tesla News

Here are the key news stories impacting Tesla this week:

About Tesla

(Free Report)

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.

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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