Titleist Asset Management LLC Sells 1,239 Shares of Tesla, Inc. $TSLA
- by lulegacy
- Feb 05, 2026
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Key Points
Titleist Asset Management trimmed its Tesla stake by 0.7% in Q3, selling 1,239 shares and now holds 173,496 shares valued at about $77.16 million, which represents 6.7% of its holdings and is its largest position.
Insider selling has accelerated: CFO Vaibhav Taneja and Director James R. Murdoch recently sold shares (2,637 and 60,000 respectively), with insiders offloading 119,457 shares worth roughly $53.5 million over the last 90 days while still owning about 19.9% of the company.
Mixed fundamentals and sentiment: Tesla beat Q4 EPS estimates ($0.50 vs. $0.45) despite revenue down 3.1% YoY, trades at a very high P/E (~376), and faces divergent analyst views with a consensus "Hold" price target around $403.92. Mag 7 Outlook: What Apple, Microsoft, Meta, and Tesla Just Told Us
Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same period last year, the firm posted $0.73 earnings per share. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. Equities research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the stock. Mizuho set a $540.00 price target on shares of Tesla and gave the company an "outperform" rating in a report on Thursday, January 29th. Wells Fargo & Company reduced their target price on shares of Tesla from $130.00 to $125.00 and set an "underweight" rating for the company in a research note on Thursday, January 29th. JPMorgan Chase & Co. dropped their price target on shares of Tesla from $150.00 to $145.00 and set an "underweight" rating on the stock in a research note on Friday, January 30th. Canaccord Genuity Group set a $520.00 price target on Tesla in a report on Thursday, January 29th. Finally, HSBC reissued a "reduce" rating on shares of Tesla in a report on Monday, November 17th. Seventeen equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat.com, Tesla presently has an average rating of "Hold" and a consensus price target of $403.92.
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