Cinctive Capital Management LP Acquires 4,861 Shares of Tesla, Inc. $TSLA
- by lulegacy
- Mar 16, 2026
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Key Points
Cinctive Capital Management LP raised its Tesla stake by 221.8% in Q3, purchasing 4,861 shares to hold 7,053 shares worth about $3.14 million.
Analyst coverage is mixed with an average rating of "Hold" and a consensus price target of $406.84; TSLA trades near $391 with a $1.47 trillion market cap and a high P/E (~362).
Significant insider selling has occurred (Director James R. Murdoch sold 60,000 shares and insiders sold 87,995 shares in the last 90 days), while institutional investors own roughly 66.2% of the company. 3 ETFs to Avoid as Oil Shock Hits Markets
TSLA stock opened at $391.20 on Monday. The stock's 50 day simple moving average is $419.98 and its 200 day simple moving average is $426.02. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The stock has a market capitalization of $1.47 trillion, a PE ratio of 362.22, a price-to-earnings-growth ratio of 11.57 and a beta of 1.89.
Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same quarter last year, the company earned $0.73 EPS. The company's quarterly revenue was down 3.1% compared to the same quarter last year. As a group, research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction dated 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 sale, the director owned 577,031 shares of the company's stock, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 87,995 shares of company stock worth $38,315,650. 19.90% of the stock is owned by corporate insiders.
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