Image from MarketBeat Media, LLC. Key Points Robert W. Baird trimmed its Tesla price target to $538 (from $548) but kept an "outperform" rating, a level implying roughly a 49.2% upside from the current share price. Shares fell about 5.4% after a Q1 delivery miss (~358k vs. ~365–372k expected) and a production‑delivery gap of ~50k (408k produced vs. 358k delivered), stoking demand and margin concerns. Analyst coverage is mixed—MarketBeat shows a consensus "Hold" with an average price target of $402.61 (19 Buy / 13 Hold / 10 Sell)—and recent insider selling (~53,804 shares, ~$20.9M in 90 days) has added to negative sentiment. Is the Explosion of Single-Stock ETFs an Opportunity or a Danger? In other news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company's stock in a transaction on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the completion of the transaction, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla 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 sale, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. This trade represents a 11.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 53,804 shares of company stock valued at $20,865,598 in the last ninety days. 19.90% of the stock is owned by corporate insiders. Institutional Trading of Tesla Large investors have recently modified their holdings of the business. Networth Advisors LLC purchased a new position in shares of Tesla during the 4th quarter valued at approximately $26,000. Davidson Capital Management Inc. boosted its stake in Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after purchasing an additional 27 shares during the period. Turning Point Benefit Group Inc. bought a new position in Tesla in the 3rd quarter worth about $30,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla during the third quarter valued at approximately $29,000. Finally, Prism Advisors Inc. acquired a new position in Tesla during the 4th quarter worth $30,000. 66.20% of the stock is currently owned by institutional investors and hedge funds. Trending Headlines about Tesla