Tesla, Inc. $TSLA Shares Sold by Cassaday & Co Wealth Management LLC
- by lulegacy
- May 08, 2026
- 0 Comments
- 0 Likes Flag 0 Of 5
Image from MarketBeat Media, LLC.
Key Points
Cassaday & Co Wealth Management cut its Tesla stake by 44.9% in Q4, selling 5,176 shares and now holding 6,348 shares valued at about $2.86 million.
Institutional activity is mixed—several funds added to positions while overall institutional ownership is 66.2%—and analysts remain split with a consensus "Hold" and a $398.42 target (19 Buy, 17 Hold, 5 Sell).
Operational headlines are mixed: China-made EV sales surged ~36% YoY in April and the 2026 Model Y met a new NHTSA ADAS benchmark, but Tesla is recalling ~218,868 U.S. vehicles for delayed rearview camera images and faces ongoing autonomy/regulatory risks in Europe. MarketBeat Week in Review – 04/20 - 04/24
Shares of NASDAQ:TSLA opened at $411.27 on Friday. The business's 50 day simple moving average is $382.66 and its 200-day simple moving average is $418.37. The firm has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 377.31, a price-to-earnings-growth ratio of 15.17 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a 12 month low of $273.21 and a 12 month high of $498.83.
Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.27 EPS. As a group, equities analysts forecast that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year.
Insider Activity at Tesla
In other news, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction that occurred on Friday, March 6th. The stock was 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 of the company's stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 80,213 shares of company stock worth $30,851,105 in the last three months. Corporate insiders own 19.90% of the company's stock.
Tesla Company Profile
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Energy





