Alps Advisors Inc. Cuts Position in Tesla, Inc. $TSLA
- by lulegacy
- Feb 09, 2026
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Key Points
Alps Advisors trimmed its Tesla stake by 14.0%, selling 2,732 shares to hold 16,820 shares worth about $7.48 million, while other institutions largely added to positions—institutions now own 66.20% of TSLA.
Analysts have a consensus rating of Hold with a $403.92 target; Tesla reported a quarterly EPS beat ($0.50 vs. $0.45) but revenue fell 3.1% YoY, and the stock trades at a lofty P/E ~380 on a $1.54 trillion market cap, leaving fundamentals mixed.
Insiders have been net sellers (119,457 shares, ~$53.5M in the last three months), even as Tesla pursues revenue diversification—ramping U.S. solar manufacturing, vehicle‑to‑grid pilots and AI/robotics initiatives—while facing legal and competitive headwinds from lawsuits and rivals like Volkswagen and BYD. Revisiting Hertz’s Amazon Partnership 5 Months Later: The Good, the Bad, the Risk
Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating 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 company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same period last year, the firm earned $0.73 EPS. The company's revenue for the quarter was down 3.1% on a year-over-year basis. Analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Insider Activity at Tesla
In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the firm's stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares of the company's stock, valued at approximately $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the sale, the director owned 577,031 shares of the company's stock, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company's stock.
Key Tesla News
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