Cambria Investment Management L.P. Decreases Stake in Tesla, Inc. $TSLA
- by lulegacy
- Mar 20, 2026
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Key Points
Cambria Investment Management L.P. cut its stake in Tesla by 48.0% in Q3, disposing of 3,689 shares and leaving it with 3,994 shares worth about $1.78 million.
Company insiders have been sizable net sellers recently: Director James R. Murdoch sold 60,000 shares (~$26.7M) and CFO Vaibhav Taneja sold 2,264 shares, with insiders selling ~87,995 shares (~$38.3M) in the past 90 days and now owning 19.90% of the stock.
Institutional ownership remains high at 66.20%, while Tesla faces mixed catalysts—positive product and battery developments alongside an escalated NHTSA FSD probe and legal/safety headlines that raise near‑term downside risk. MarketBeat Week in Review – 03/09 - 03/13
Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter last year, the company earned $0.73 earnings per share. The company's revenue was down 3.1% on a year-over-year basis. Research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms recently issued reports on TSLA. Tigress Financial assumed coverage on shares of Tesla in a report on Thursday, February 12th. They set a "buy" rating and a $550.00 price objective for the company. President Capital dropped their target price on shares of Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. Truist Financial reduced their target price on shares of Tesla from $439.00 to $438.00 and set a "hold" rating for the company in a research report on Thursday, January 29th. New Street Research raised their price target on shares of Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a research note on Tuesday, January 6th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a 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. According to data from MarketBeat.com, Tesla presently has an average rating of "Hold" and a consensus target price of $406.84.
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