Pacific Point Advisors LLC Decreases Stake in Tesla, Inc. $TSLA
- by lulegacy
- Apr 08, 2026
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Key Points
Pacific Point Advisors cut its Tesla stake by 15.5% in Q4 to 16,345 shares (about $7.35M), making TSLA roughly 3.9% of its portfolio and its second‑largest holding.
Significant insider selling: Director Kathleen Wilson‑Thompson sold 25,809 shares (~$9.27M) and CFO Vaibhav Taneja sold 2,264 shares, with insiders selling 53,804 shares (~$20.9M) over the past three months; insiders own 19.9% while institutions hold 66.2%.
Market pressure and outlook: A Q1 delivery shortfall, rising inventory and analyst downgrades have weighed on the stock amid offsetting positives (ARK buying, NHTSA probe closure); the consensus analyst view is a "Hold" with an average price target of $400.44. Intel's New Orbit: From Chip Lag to Leading Edge
Several other large investors have also recently made changes to their positions in TSLA. Narwhal Capital Management boosted its position in shares of Tesla by 32.8% during the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer's stock valued at $4,232,000 after buying an additional 2,350 shares during the period. Gamco Investors INC. ET AL boosted its holdings in Tesla by 29.6% during the 3rd quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer's stock valued at $14,487,000 after acquiring an additional 7,446 shares during the period. China Universal Asset Management Co. Ltd. boosted its holdings in shares of Tesla by 8.8% in the third quarter. China Universal Asset Management Co. Ltd. now owns 48,504 shares of the electric vehicle producer's stock valued at $21,571,000 after purchasing an additional 3,935 shares during the period. Ashton Thomas Private Wealth LLC boosted its holdings in shares of Tesla by 26.0% in the third quarter. Ashton Thomas Private Wealth LLC now owns 18,032 shares of the electric vehicle producer's stock valued at $8,019,000 after purchasing an additional 3,724 shares during the period. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of Tesla by 20.0% in the third quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer's stock valued at $7,367,000 after purchasing an additional 2,765 shares during the period. 66.20% of the stock is owned by institutional investors.
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