Wrapmanager Inc. Reduces Stake in Tesla, Inc. $TSLA
- by lulegacy
- Feb 24, 2026
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Key Points
Wrapmanager Inc. trimmed its Tesla stake by 18.3% in Q3 to 9,485 shares (worth $4.218M), making up about 1.3% of its portfolio and its 20th-largest holding.
Large institutions shifted exposure — Norges Bank bought a new multi‑billion dollar stake and Vanguard now holds 251.39M shares (~$79.86B) — with overall institutional ownership at 66.2%.
Analysts show a consensus "Hold" rating with an average price target of $408.09; Tesla (market cap ~$1.50T) recently beat EPS estimates ($0.50 vs $0.45) while revenue fell 3.1% YoY, and insiders have been net sellers (≈119,457 shares, ~$53.5M, last 90 days). Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile
Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business's revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.73 EPS. On average, analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year.
Insider Buying and Selling at Tesla
In related news, CFO Vaibhav Taneja sold 2,637 shares of the business'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 in the company, valued at $6,107,145.01. The trade was a 16.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on 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 completion of the sale, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 119,457 shares of company stock worth $53,501,145 over the last 90 days. Company insiders own 19.90% of the company's stock.
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