Tesla, Inc. $TSLA Shares Sold by Vestcor Inc
- by lulegacy
- Mar 09, 2026
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Key Points
Vestcor Inc. trimmed its Tesla stake by 4.1% in Q3, selling 2,417 shares to hold 57,012 shares worth about $25.35 million, representing roughly 0.8% of its portfolio and the firm's 18th largest holding.
Other large institutional moves include Vanguard increasing its position, Norges Bank establishing a new stake worth about $11.84 billion, and hedge funds owning 66.2% of Tesla, while company insiders have sold 142,551 shares (~$63.0M) over the last 90 days.
Analyst views are mixed with a MarketBeat consensus of "Hold" and a $406.84 target; Tesla recently beat quarterly EPS estimates ($0.50 vs. $0.45) but reported revenue down 3.1% year‑over‑year, and the stock is trading below its recent moving averages with a $1.49 trillion market cap. Tesla’s 2026 May Hinge on a March 9 Outcome
Shares of NASDAQ TSLA opened at $396.73 on Monday. The stock has a market cap of $1.49 trillion, a P/E ratio of 367.34, a PEG ratio of 11.73 and a beta of 1.89. The business's fifty day simple moving average is $425.17 and its 200-day simple moving average is $424.02. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.
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, topping the consensus estimate of $0.45 by $0.05. The company had revenue of $24.90 billion for 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%.Tesla's revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 EPS. As a group, equities analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Insider Buying and Selling
In other Tesla 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 transaction of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 142,551 shares of company stock worth $63,023,276. Company insiders own 19.90% of the company's stock.
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