Tesla INC (TSLA) Shareholder Marathon Trading Investment Management LLC Has Trimmed Its Stake by $6.72 Million

May 18, 2018 - By Matt Thomas

Tesla, Inc. (NASDAQ:TSLA) LogoInvestors sentiment decreased to 1.05 in Q4 2017. Its down 0.25, from 1.3 in 2017Q3. It dived, as 105 investors sold TSLA shares while 156 reduced holdings. 69 funds opened positions while 206 raised stakes. 96.06 million shares or 3.01% more from 93.25 million shares in 2017Q3 were reported. Fincl Architects holds 0.01% or 276 shares. Seaward Management Lp holds 790 shares or 0.01% of its portfolio. Tiedemann Wealth Limited Com reported 0.03% in Tesla, Inc. (NASDAQ:TSLA). Arizona State Retirement Sys has 4,031 shares for 0.01% of their portfolio. Smith Moore reported 797 shares or 0.07% of all its holdings. Moreover, Covington Capital Mngmt has 0.03% invested in Tesla, Inc. (NASDAQ:TSLA) for 1,556 shares. 72,817 are owned by Aviva Public Ltd Company. Willingdon Wealth Mngmt has 18 shares. Lenox Wealth Management holds 0.04% or 395 shares. Appleton Partners Ma, a Massachusetts-based fund reported 881 shares. Point72 Asset Mngmt Lp accumulated 5,000 shares or 0.01% of the stock. 1,060 are held by Mutual Of Omaha Commercial Bank Wealth Mngmt. Mercer Advisers Inc holds 0.01% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 30 shares. D Scott Neal has invested 0.09% in Tesla, Inc. (NASDAQ:TSLA). Ipg Investment Ltd Co owns 12,115 shares.

Since December 13, 2017, it had 1 buying transaction, and 9 selling transactions for $5.98 million activity. The insider FIELD JOHN DOUGLAS sold $334,874. $141,754 worth of Tesla, Inc. (NASDAQ:TSLA) was sold by Branderiz Eric on Monday, February 26. 33,000 Tesla, Inc. (NASDAQ:TSLA) shares with value of $9.85 million were bought by Musk Elon.

Bruce J. Richards decreased its stake in Tesla Inc (TSLA) by 46.78% based on its latest 2017Q4 regulatory filing with the SEC. Marathon Trading Investment Management Llc sold 21,612 shares as the company’s stock declined 14.15% with the market. The hedge fund run by Bruce J. Richards held 24,585 shares of the capital goods company at the end of 2017Q4, valued at $7.66 million, down from 46,197 at the end of the previous reported quarter. Marathon Trading Investment Management Llc who had been investing in Tesla Inc for a number of months, seems to be less bullish one the $47.92 billion market cap company. The stock decreased 0.82% or $2.32 during the last trading session, reaching $282.22. About 514,740 shares traded. Tesla, Inc. (NASDAQ:TSLA) has risen 3.32% since May 18, 2017 and is uptrending. It has underperformed by 8.23% the S&P500.

Marathon Trading Investment Management Llc, which manages about $886.83M and $3.59 billion US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (Call) by 1.79M shares to 1.83 million shares, valued at $487.34 million in 2017Q4, according to the filing. It also increased its holding in Micron Technology Inc (NASDAQ:MU) by 81,208 shares in the quarter, for a total of 112,550 shares, and has risen its stake in Ishares Tr (Put).

Analysts await Tesla, Inc. (NASDAQ:TSLA) to report earnings on August, 1. They expect $-3.61 EPS, down 76.96 % or $1.57 from last year’s $-2.04 per share. After $-4.19 actual EPS reported by Tesla, Inc. for the previous quarter, Wall Street now forecasts -13.84 % EPS growth.

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: 247Wallst.com which released: “Will Tesla Have to Take on More Debt?” on May 17, 2018, also Investorplace.com with their article: “Friday’s Vital Data: Micron Technology, Inc. (MU), Tesla Inc (TSLA) and Bank of America Corp (BAC)” published on May 18, 2018, Seekingalpha.com published: “Tesla’s ZEV Credit Lifeboat May Hit The Iceberg” on May 17, 2018. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Thestreet.com and their article: “Here’s When Tesla’s Stock Starts Crushing the S&P 500 Again: Chart” published on May 15, 2018 as well as Seekingalpha.com‘s news article titled: “Tesla Motors: Slowly, Then Quickly” with publication date: May 10, 2018.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

Among 21 analysts covering Tesla Motors (NASDAQ:TSLA), 5 have Buy rating, 9 Sell and 7 Hold. Therefore 24% are positive. Tesla Motors had 40 analyst reports since November 29, 2017 according to SRatingsIntel. Robert W. Baird maintained the stock with “Buy” rating in Thursday, January 4 report. Morgan Stanley maintained the stock with “Hold” rating in Tuesday, December 5 report. Robert W. Baird maintained the stock with “Buy” rating in Tuesday, January 23 report. The stock has “Sell” rating by Goldman Sachs on Tuesday, April 10. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, December 19. Jefferies upgraded Tesla, Inc. (NASDAQ:TSLA) on Monday, April 2 to “Hold” rating. The firm earned “Hold” rating on Monday, January 22 by RBC Capital Markets. The rating was maintained by Guggenheim with “Buy” on Friday, April 6. The firm has “Hold” rating by RBC Capital Markets given on Monday, April 16. Goldman Sachs maintained Tesla, Inc. (NASDAQ:TSLA) rating on Tuesday, May 1. Goldman Sachs has “Sell” rating and $19500 target.

Tesla, Inc. (NASDAQ:TSLA) Institutional Positions Chart

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