Glj Research Reiterates Sell Rating for Tesla (NASDAQ:TSLA)
- by lulegacy
- Mar 30, 2026
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Key Points
Glj Research reiterated a sell rating on Tesla with a $24.86 price target, implying about a 93% downside from the company's current price.
Analyst views are mixed overall: MarketBeat shows a consensus rating of Hold with a $406.82 average price target (19 Buy, 13 Hold, 9 Sell).
Tesla slightly beat quarterly EPS estimates but reported revenue down 3.1% year‑over‑year, and insiders sold roughly 87,995 shares last quarter (insiders own 19.90% of the stock). As Tech Earnings Grow, This ETF Still Hasn't Caught Up
In related news, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares of the company's stock, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction 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 transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 87,995 shares of company stock worth $38,315,650. Insiders own 19.90% of the company's stock.
Institutional Trading of Tesla
Several hedge funds have recently modified their holdings of TSLA. Brighton Jones LLC increased its position in Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after purchasing an additional 9,293 shares during the period. Revolve Wealth Partners LLC raised its holdings in shares of Tesla by 21.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after acquiring an additional 931 shares during the period. Bison Wealth LLC lifted its position in Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after acquiring an additional 3,558 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock valued at $3,855,000 after purchasing an additional 1,011 shares during the period. Finally, AGP Franklin LLC grew its holdings in shares of Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock worth $1,544,000 after buying an additional 851 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.
Tesla News Roundup
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