Tesla, Inc. $TSLA Shares Purchased by CIBC Asset Management Inc
- by lulegacy
- Jan 27, 2026
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Key Points
CIBC Asset Management raised its stake in Tesla by 0.4% to 704,615 shares, valued at approximately $313.4 million, making TSLA its 29th largest holding and ~0.9% of the fund's portfolio.
Tesla is heavily institutionally owned (about 66.2%), trades at a high valuation (market cap ~$1.45T; P/E ~290), and carries a consensus analyst rating of “Hold” with an average price target near $410.77.
Near‑term sentiment is mixed: potential upside from an alleged FSD Gen‑3 reveal and revived EV subsidies is offset by execution and robotaxi rollout concerns, regulatory/PR risks, and recent insider selling (including the CFO and Kimbal Musk, with insiders selling ~119,457 shares recently). Tesla’s Robotaxi Goes Unsupervised: Is the Rally Justified?
Shares of NASDAQ:TSLA opened at $435.20 on Tuesday. The stock has a market cap of $1.45 trillion, a price-to-earnings ratio of 290.13, a PEG ratio of 7.63 and a beta of 1.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The stock's 50 day moving average price is $445.33 and its 200 day moving average price is $405.63.
Insiders Place Their Bets
In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction dated Tuesday, December 9th. The shares were 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 in the company, valued at $627,145,215.90. This represents a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 119,457 shares of company stock worth $53,501,145. Company insiders own 19.90% of the company's stock.
Wall Street Analysts Forecast Growth
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