Russell Investments Group Ltd. Raises Stock Position in Tesla, Inc. $TSLA
- by lulegacy
- Mar 09, 2026
- 0 Comments
- 0 Likes Flag 0 Of 5
Image from MarketBeat Media, LLC.
Key Points
Russell Investments Group Ltd. raised its Tesla stake by 12.4% in Q3 to 1,770,212 shares (adding 195,530 shares), a holding Russell values at about $786.8 million and that represents roughly 0.05% of Tesla and 0.9% of Russell’s portfolio.
Tesla’s recent results and valuation: the company beat quarterly EPS estimates ($0.50 vs. $0.45) despite revenue falling 3.1% year‑over‑year, and the stock trades at a market cap of about $1.49 trillion with a high PE (~367) and a 1‑year range of $214.25–$498.83.
Insider selling and mixed sentiment: insiders sold roughly 142,551 shares (~$63M) over the last quarter, analysts remain split (19 Buy / 13 Hold / 9 Sell) and MarketBeat’s consensus is a "Hold" with a ~$406.84 price target, while some market signals and downgrades indicate near‑term bearish risk. Tesla’s 2026 May Hinge on a March 9 Outcome
Several research analysts have commented on the company. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research report on Thursday, January 29th. CICC Research raised their target price on shares of Tesla from $450.00 to $500.00 and gave the stock an "outperform" rating in a research report on Thursday, December 18th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a report on Tuesday, January 27th. Phillip Securities reduced their price target on shares of Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a research report on Monday, February 2nd. Finally, Morgan Stanley set a $415.00 price objective on shares of Tesla and gave the stock an "equal weight" rating in a research report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target 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





