Evergreen Capital Management LLC Purchases 7,563 Shares of Tesla, Inc. $TSLA
- by lulegacy
- Jan 20, 2026
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Key Points
Evergreen Capital Management LLC increased its position in Tesla by 22.2%, purchasing 7,563 shares in Q3 to hold 41,674 shares worth about $18.53 million per its latest 13F filing.
Significant insider selling has occurred recently — Kimbal Musk sold 56,820 shares for roughly $25.6 million, and insiders have sold 119,457 shares in the last 90 days, leaving insiders with about 19.9% ownership.
Analyst opinions are mixed: the consensus rating is "Hold" with a $410.20 target, though several firms raised targets (e.g., New Street $600, Mizuho $530), and Tesla trades near $437.50 with a market cap of about $1.46 trillion. Tesla’s Earnings Loom With Almost No Room for Error
In other news, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares of the company's stock, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is owned by company insiders.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the stock. New Street Research lifted their price target on shares of Tesla from $520.00 to $600.00 and gave the company a "buy" rating in a research report on Tuesday, January 6th. HSBC reiterated a "reduce" rating on shares of Tesla in a report on Monday, November 17th. UBS Group restated a "sell" rating and issued a $307.00 price target (up previously from $247.00) on shares of Tesla in a research note on Wednesday, January 14th. China Renaissance lifted their price objective on Tesla from $349.00 to $380.00 and gave the company a "hold" rating in a research note on Friday, October 24th. Finally, Mizuho boosted their target price on Tesla from $475.00 to $530.00 and gave the stock an "outperform" rating in a report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $410.20.
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