719,861 Shares in Tesla, Inc. $TSLA Acquired by Prime Capital Management Co Ltd
- by lulegacy
- Mar 14, 2026
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Key Points
Prime Capital Management bought a new stake of 719,861 shares of Tesla in the 3rd quarter (about $320.1M), making Tesla 38.5% of the firm's investment portfolio and its largest position.
Tesla beat the quarter's EPS estimates ($0.50 vs. $0.45) while revenue fell 3.1% year‑over‑year to $24.90B; the stock carries a rich valuation with a market cap around $1.47 trillion and a P/E of 362.22.
Insiders sold roughly 87,995 shares (≈$38.3M) over the last quarter even as institutional investors own 66.2% of the stock, with Vanguard and Capital World Investors among the largest holders; the consensus analyst rating is "Hold" with an average target of $406.84. Tesla’s Big China Sales Spike Didn’t Excite Investors—Here’s Why
Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The company 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 firm's revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.73 EPS. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.
Insider Buying and Selling at Tesla
In other news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 87,995 shares of company stock worth $38,315,650. 19.90% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
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