Analyzing Market Sentiment Towards Tesla (TSLA) Stock

Tesla stock is trading -16.62% below its average target price of $204.59 after dropping -3.9% during today's afternoon session. Analysts are giving the Large-Cap Auto Manufacturers company an average rating of hold and target prices ranging from $24.33 to $320.0 per share.

Tesla's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.5%. The stock's short ratio is 0.94. The company's insiders own 13.0% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 45.7%. In conclusion, we believe there is mixed market sentiment regarding Tesla.

Institutions Invested in Tesla

Date Reported Holder Percentage Shares Value
2023-12-31 Vanguard Group Inc 7% 229,806,372 $39,202,668,157
2023-12-31 Blackrock Inc. 6% 188,183,433 $32,102,211,146
2023-12-31 State Street Corporation 3% 108,871,505 $18,572,389,639
2023-12-31 Geode Capital Management, LLC 2% 55,256,335 $9,426,177,985
2023-12-31 Capital World Investors 1% 41,034,947 $7,000,151,458
2023-12-31 Morgan Stanley 1% 32,995,225 $5,628,655,311
2023-12-31 Norges Bank Investment Management 1% 31,570,978 $5,385,693,021
2023-12-31 FMR, LLC 1% 29,353,129 $5,007,350,168
2023-12-31 JP Morgan Chase & Company 1% 27,826,540 $4,746,929,356
2023-12-31 Price (T.Rowe) Associates Inc 1% 26,153,172 $4,461,469,515
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.