Cambria Investment Management L.P. Sells 3,689 Shares of Tesla, Inc. $TSLA
- by lulegacy
- Mar 05, 2026
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Key Points
Cambria reduced its stake by 48.0%, selling 3,689 Tesla shares in the quarter and now holds 3,994 shares valued at about $1,776,000.
Notable insider selling: James R. Murdoch sold 60,000 shares and Kimbal Musk sold 56,820, with insiders disposing of 145,188 shares worth $64,193,919 in the past 90 days; insiders now own 19.90% of Tesla.
Mixed fundamentals and valuation: Tesla beat EPS estimates ($0.50 vs. $0.45) with $24.90B revenue (down 3.1% YoY), but trades at a stretched P/E of 375.87 and carries an average analyst target of about $406.84 (consensus rating: Hold). 5 Stocks Racing Ahead as AI Supercharges Robotics
In related news, 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 completion of the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the business's stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value 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 $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 145,188 shares of company stock worth $64,193,919 in the last ninety days. Corporate insiders own 19.90% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have commented on the stock. Truist Financial cut their target price on shares of Tesla from $439.00 to $438.00 and set a "hold" rating on the stock in a research report on Thursday, January 29th. Benchmark reissued a "buy" rating on shares of Tesla in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft dropped their target price on Tesla from $500.00 to $480.00 and set a "buy" rating on the stock in a research report on Friday, January 30th. Phillip Securities reduced their price target on Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a research report on Monday, February 2nd. Finally, Wells Fargo & Company decreased their price objective on Tesla from $130.00 to $125.00 and set an "underweight" rating for the company in a research note on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $406.84.
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