Fortis Group Advisors LLC Purchases 1,497 Shares of Tesla, Inc. $TSLA
- by americanbankingnews
- Feb 18, 2026
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Key Points
Fortis Group Advisors increased its stake in Tesla by 34.2%, buying 1,497 shares to own 5,874 shares valued at about $2.676 million, and institutional investors now hold roughly 66.2% of TSLA.
Analysts are mixed: the consensus rating is "Hold" with a consensus price target of $408.09 (18 Buys, 14 Holds, 9 Sells), while individual targets range widely from $145 to $500.
Corporate insiders sold a combined 119,457 shares worth about $53.5 million last quarter (notably James R. Murdoch and Kimbal Musk), leaving insiders with roughly 19.9% ownership. Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid
In other news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares of the company's stock, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 119,457 shares of company stock worth $53,501,145 in the last quarter. 19.90% of the stock is currently owned by corporate insiders.
Tesla Trading Down 1.6%
Shares of NASDAQ:TSLA opened at $410.63 on Wednesday. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The business has a 50 day moving average of $443.10 and a 200-day moving average of $416.88. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.54 trillion, a PE ratio of 380.21, a P/E/G ratio of 14.69 and a beta of 1.86.
Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the firm posted $0.73 EPS. As a group, equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year.
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