Perpetual Ltd Raises Stake in Tesla, Inc. $TSLA
- by lulegacy
- Apr 05, 2026
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Key Points
Perpetual Ltd increased its stake in Tesla by 67.9% in Q4, owning 12,406 shares valued at about $5.58 million at quarter-end.
Tesla reported a Q1 delivery miss (358,023) with roughly 50k more production than deliveries and an energy storage slowdown, prompting analyst cuts and concerns about near‑term demand and margins.
Insiders sold 53,804 shares (~$20.9M) over the last three months, including sizable director and CFO transactions, while Wall Street's consensus rating stands at "Hold" with a $402.61 target. Would a Tesla–SpaceX Merger Be the Ultimate Musk Move...or a Red Flag?
In related news, CFO Vaibhav Taneja sold 2,264 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares of the company's stock, valued at $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,804 shares of company stock worth $20,865,598 in the last three months. Insiders own 19.90% of the company's stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. DZ Bank reaffirmed a "sell" rating on shares of Tesla in a research note on Thursday, January 29th. CICC Research increased their price objective on shares of Tesla from $450.00 to $500.00 and gave the company an "outperform" rating in a research note on Thursday, December 18th. Wedbush restated an "outperform" rating and set a $600.00 target price on shares of Tesla in a research report on Friday, March 27th. Robert W. Baird reduced their price target on shares of Tesla from $548.00 to $538.00 and set an "outperform" rating on the stock in a report on Thursday. Finally, Piper Sandler reiterated an "overweight" rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have assigned a Sell rating to the company's stock. According to data from MarketBeat, Tesla presently has an average rating of "Hold" and a consensus target price of $402.61.
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