Oz Management LP Has Increased Stake in Tesla INC (Put) (TSLA) by $417.86 Million

July 16, 2018 - By Carolyn Hewitt

Tesla, Inc. (NASDAQ:TSLA) LogoInvestors sentiment decreased to 0.92 in Q1 2018. Its down 0.13, from 1.05 in 2017Q4. It dropped, as 110 investors sold TSLA shares while 162 reduced holdings. 71 funds opened positions while 178 raised stakes. 100.60 million shares or 4.72% more from 96.06 million shares in 2017Q4 were reported. Washington Trust Retail Bank holds 0.03% or 669 shares in its portfolio. Pittenger & Anderson Inc invested in 335 shares. Tcw Group Inc holds 0.24% or 110,034 shares in its portfolio. Tiedemann Advisors Ltd Company owns 1,761 shares. Country Trust Commercial Bank owns 8 shares or 0% of their US portfolio. Metropolitan Life Insurance Company New York has invested 0% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Profund Advsrs Ltd has invested 0.11% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Legal General Public Limited Liability Co reported 516,632 shares. Moreover, Hhr Asset Management Limited Com has 4.23% invested in Tesla, Inc. (NASDAQ:TSLA) for 277,778 shares. 50 were accumulated by Barrett Asset Mngmt Ltd Limited Liability Company. Parsons Cap Mgmt Ri holds 1,567 shares. Polaris Greystone Fincl Group Ltd has 0.02% invested in Tesla, Inc. (NASDAQ:TSLA). Archford Strategies Limited Liability Corporation reported 0% stake. Earnest Prtn Limited Liability Corp holds 0% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 57 shares. Ashfield Cap Limited Com invested in 0.09% or 2,690 shares.

Since January 24, 2018, it had 2 insider buys, and 8 insider sales for $31.24 million activity. $562,500 worth of stock was sold by Musk Kimbal on Thursday, April 5. On Monday, February 26 the insider Branderiz Eric sold $141,754. Another trade for 33,000 shares valued at $9.85 million was made by Musk Elon on Monday, May 7.

Daniel S. Och increased its stake in Tesla Inc (Put) (TSLA) by 12771.54% based on its latest 2018Q1 regulatory filing with the SEC. Oz Management Lp bought 1.57 million shares as the company’s stock declined 21.98% with the market. The hedge fund run by Daniel S. Och held 1.58 million shares of the capital goods company at the end of 2018Q1, valued at $421.34M, up from 12,300 at the end of the previous reported quarter. Oz Management Lp who had been investing in Tesla Inc (Put) for a number of months, seems to be bullish on the $52.21B market cap company. The stock decreased 3.57% or $11.39 during the last trading session, reaching $307.48. About 5.87 million shares traded. Tesla, Inc. (NASDAQ:TSLA) has declined 11.99% since July 16, 2017 and is downtrending. It has underperformed by 24.56% the S&P500.

Oz Management Lp, which manages about $56.28 billion and $17.35 billion US Long portfolio, decreased its stake in Palo Alto Networks Inc (Prn) by 13.50 million shares to 29.85 million shares, valued at $49.39M in 2018Q1, according to the filing. It also reduced its holding in Nxp Semiconductors N V (Put) (NASDAQ:NXPI) by 1.93M shares in the quarter, leaving it with 33,000 shares, and cut its stake in Facebook Inc (NASDAQ:FB).

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: Seekingalpha.com which released: “Tesla Model 3 Drama Continues” on July 12, 2018, also Seekingalpha.com with their article: “M Science warns on Tesla” published on July 13, 2018, Seekingalpha.com published: “Shanghai swings into action for Tesla” on July 11, 2018. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Seekingalpha.com and their article: “Tesla rallies after Model 3 production update” published on July 02, 2018 as well as Marketwatch.com‘s news article titled: “Tesla shares at worst in six weeks, at bottom of Nasdaq 100” with publication date: July 16, 2018.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

Among 24 analysts covering Tesla Motors (NASDAQ:TSLA), 7 have Buy rating, 8 Sell and 9 Hold. Therefore 29% are positive. Tesla Motors had 49 analyst reports since January 19, 2018 according to SRatingsIntel. The firm earned “Underperform” rating on Monday, March 26 by Standpoint Research. RBC Capital Markets maintained the stock with “Hold” rating in Monday, April 16 report. On Wednesday, May 30 the stock rating was maintained by Robert W. Baird with “Buy”. The firm earned “Buy” rating on Friday, April 6 by Guggenheim. The stock of Tesla, Inc. (NASDAQ:TSLA) has “Sell” rating given on Wednesday, April 4 by J.P. Morgan. CFRA upgraded the shares of TSLA in report on Monday, March 26 to “Hold” rating. The stock of Tesla, Inc. (NASDAQ:TSLA) earned “Sell” rating by Goldman Sachs on Monday, March 19. Morgan Stanley maintained it with “Hold” rating and $379.0 target in Friday, March 9 report. The company was maintained on Monday, March 19 by Jefferies. The stock of Tesla, Inc. (NASDAQ:TSLA) has “Hold” rating given on Friday, June 1 by Needham.

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

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