Lunt Capital Management Inc. Invests $799,000 in Tesla, Inc. $TSLA
- by lulegacy
- Mar 05, 2026
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Key Points
Lunt Capital Management initiated a new stake in Tesla, buying 1,796 shares valued at about $799,000 during the third quarter, according to its 13F filing.
Tesla beat quarterly EPS estimates ($0.50 vs. $0.45) and posted revenue of $24.90 billion (down 3.1% YoY), while the stock trades with a market cap of ~$1.52 trillion and a consensus price target near $406.84 amid mixed analyst ratings.
Significant insider selling occurred recently — Director James R. Murdoch sold 60,000 shares (~$26.7M) and insiders sold 145,188 shares (~$64.2M) in the last quarter; institutional investors hold 66.2% of the stock and insiders own 19.9%. Tesla’s 2026 May Hinge on a March 9 Outcome
Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company's revenue was down 3.1% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. On average, research analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Insider Activity
In related news, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction that occurred on Monday, December 8th. The shares were 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 directly owned 13,757 shares in the company, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 145,188 shares of company stock valued at $64,193,919 in the last quarter. 19.90% of the stock is owned by company insiders.
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