Sageworth Trust Co Sells 4,108 Shares of Tesla, Inc. $TSLA
- by lulegacy
- May 07, 2026
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Key Points
Sageworth Trust Co cut its Tesla stake by 25.1%, selling 4,108 shares and now holding 12,279 shares worth $5.522 million (about 0.2% of its portfolio).
Tesla beat EPS expectations ($0.41 vs. $0.39) but missed revenue estimates ($22.39B vs. $22.96B), has a market cap of $1.50 trillion and a high PE of 365.83, and carries a consensus analyst rating of “Hold” with a $398.42 price target.
Insiders sold roughly 80,213 shares (~$30.85M) last quarter and the company is recalling about 218,868 U.S. vehicles for a rearview camera issue, adding near‑term regulatory and headline risk. Tesla’s Cybercab Is Finally Real—But Is It Enough?
Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $22.39 billion for the quarter, compared to analysts' expectations of $22.96 billion. During the same quarter in the prior year, the business earned $0.27 EPS. The firm's revenue for the quarter was up 15.8% on a year-over-year basis. Analysts predict that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research note on Thursday, April 23rd. Robert W. Baird decreased their price objective on shares of Tesla from $538.00 to $522.00 and set an "outperform" rating for the company in a report on Friday, April 24th. TD Cowen reaffirmed a "buy" rating and issued a $490.00 target price on shares of Tesla in a research note on Thursday, April 23rd. Barclays reissued a "neutral" rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Tesla in a report on Friday, April 24th. Nineteen analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Tesla presently has an average rating of "Hold" and a consensus price target of $398.42.
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