Ameritas Advisory Services LLC Cuts Stake in Tesla, Inc. $TSLA
- by lulegacy
- May 13, 2026
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Key Points
Ameritas Advisory Services LLC cut its Tesla stake by 18% in the fourth quarter, selling 8,542 shares and leaving it with 38,806 shares worth about $17.45 million.
Despite mixed institutional activity, Tesla still has broad ownership support, with 66.2% of shares held by hedge funds and other institutions. Several analysts remain bullish, though the overall consensus rating is still Hold with an average price target of $398.42.
Tesla’s latest results showed EPS of $0.41, topping estimates, while revenue rose 15.8% year over year to $22.39 billion. The article also notes ongoing investor focus on Tesla’s autonomy and AI ambitions, including Optimus, robotaxis, and Full Self-Driving. Tesla’s Cybercab Is Finally Real—But Is It Enough?
Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same period in the previous year, the business earned $0.27 EPS. The company's revenue was up 15.8% on a year-over-year basis. On average, research analysts forecast that Tesla, Inc. will post 1.23 earnings per share for the current fiscal year.
Insider Buying and Selling at Tesla
In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company's stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of the company's 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 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 disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 80,213 shares of company stock worth $30,851,105. 19.90% of the stock is currently owned by corporate insiders.
Key Stories Impacting Tesla
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