Capital Group Investment Management PTE. LTD. Purchases 2,864 Shares of Tesla, Inc. $TSLA
- by lulegacy
- Mar 10, 2026
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Key Points
Capital Group Investment Management PTE. LTD. increased its Tesla stake by 4.4%—buying 2,864 shares to hold 67,575 shares, worth about $30.05 million and representing roughly 5.0% of its portfolio as the fund's 4th-largest position.
Tesla reported quarterly EPS of $0.50 (beating estimates) on $24.90 billion in revenue, which was down 3.1% year-over-year; the stock has a market cap near $1.50 trillion and a MarketBeat consensus rating of "Hold" with an average price target of $406.84.
Recent catalysts are mixed: Tesla is expanding Supercharger capacity and pushing its Optimus robotics program, but a renewed NHTSA FSD probe, executive departures, rising competition and sizable insider selling highlight regulatory and execution risks. MarketBeat Week in Review – 03/02 - 03/06
In other Tesla news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction that occurred 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 transaction, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the transaction, the director directly owned 19,669 shares in the company, valued at $8,173,649.64. This trade represents a 56.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on TSLA shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Tesla from $500.00 to $480.00 and set a "buy" rating for the company in a research report on Friday, January 30th. CICC Research lifted their price target on shares of Tesla from $450.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, December 18th. Piper Sandler reiterated an "overweight" rating on shares of Tesla in a report on Thursday, January 29th. Barclays restated a "neutral" rating on shares of Tesla in a report on Wednesday, March 4th. Finally, Truist Financial cut their price objective 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. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has a consensus rating of "Hold" and an average price target of $406.84.
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