Prudent Investors Network Inc. Acquires New Shares in Tesla, Inc. $TSLA
- by lulegacy
- Mar 08, 2026
- 0 Comments
- 0 Likes Flag 0 Of 5
Image from MarketBeat Media, LLC.
Key Points
Prudent Investors Network Inc. bought a new position of 3,313 shares in Tesla (TSLA) in Q3 valued at approximately $1.47 million, making the stock about 0.4% of its portfolio and its 22nd-largest holding.
Large institutions also moved sizable stakes — notably Norges Bank opened a new position worth roughly $11.84 billion and Vanguard now owns 251,390,681 shares — and hedge funds/institutional investors collectively hold about 66.2% of Tesla.
Company insiders have been net sellers recently: Director James R. Murdoch sold 60,000 shares (avg $445.40) and Kimbal Musk sold 56,820 shares (avg $450.66), with insiders selling 145,188 shares worth about $64.2 million over the past 90 days while still owning roughly 19.9% of the company. Tesla’s 2026 May Hinge on a March 9 Outcome
Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the previous year, the firm posted $0.73 earnings per share. The company's quarterly revenue was down 3.1% compared to the same quarter last year. On average, research analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
TSLA has been the topic of a number of research analyst reports. President Capital reduced their price target on shares of Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $510.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Tigress Financial assumed coverage on Tesla in a research report on Thursday, February 12th. They issued a "buy" rating and a $550.00 target price on the stock. HSBC restated a "reduce" rating on shares of Tesla in a research note on Monday, November 17th. Finally, JPMorgan Chase & Co. lowered their price target on Tesla from $150.00 to $145.00 and set an "underweight" rating for the company in a research report on Friday, January 30th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $406.84.
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





