As Tesla Inc (NASDAQ:TSLA) Price Declined, Shareholder Oz Management Lp Upped by $49.93 Million Its Position

May 17, 2018 - By Madeline Delgado

Tesla, Inc. (NASDAQ:TSLA) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.05. That’s change of 0.25, from 2017Q3’s 1.3. 105 investors sold all, 156 reduced holdings as TSLA ratio fall. 206 grew stakes while 69 funds took stakes. Funds hold 96.06 million shares thus 3.01% more from 2017Q3’s 93.25 million shares. Guggenheim Cap Limited Liability Corporation holds 44,277 shs or 0.03% of its capital. Baldwin Brothers Ma holds 0% or 65 shs. Cidel Asset Mgmt Incorporated has 0.08% invested in Tesla, Inc. (NASDAQ:TSLA) for 5,613 shs. Nomura Asset Management reported 0.07% stake. Moreover, Fred Alger Mngmt Inc has 0.04% invested in Tesla, Inc. (NASDAQ:TSLA) for 30,632 shs. Northwestern Mutual Wealth Mngmt has 0.01% invested in Tesla, Inc. (NASDAQ:TSLA) for 5,101 shs. Fifth Third Bancorporation reported 0.01% stake. National Pension Service invested in 119,223 shs or 0.19% of the stock. Staley Capital Advisers stated it has 0.02% of its capital in Tesla, Inc. (NASDAQ:TSLA). Sterling invested in 0% or 717 shs. 4,031 were accumulated by Arizona State Retirement System. Garde Capital owns 2,504 shs or 0.15% of their US capital. Seabridge Advsr Ltd Liability Corp holds 1 shs. The New York-based Glg Lc has invested 0.14% in Tesla, Inc. (NASDAQ:TSLA). 3,205 are held by Moore Capital Mgmt Limited Partnership.

TSLA had 9 sales and 1 insider buy since December 13, 2017. This’s net activity of $5.98 million. $334,874 worth of stock was sold by FIELD JOHN DOUGLAS on Tuesday, January 9. The insider Branderiz Eric sold $147,099. On Tuesday, January 2 Musk Kimbal also sold $1.27 million worth of Tesla, Inc. (NASDAQ:TSLA).

In Tesla Inc (NASDAQ:TSLA) was increased the stake owned by Oz Management Lp. The increase is 1526.02% according to 2018Q1 Securities and Exchange filling. Tesla Inc (NASDAQ:TSLA) stock Sank 14.15% while Oz Management Lp bought 187,700 shares. It held 200,000 shares of Tesla Inc (NASDAQ:TSLA) at the end of 2018Q1, valued at $53.23 million, up from 12,300 last quarter. $48.64B is the Tesla Inc’s MC. TSLA touched $286.48 during the last trading session after $2.3 change.Currently Tesla, Inc. is uptrending after 3.32% change in last May 17, 2017. TSLA has 5.58M shares volume. The stock underperformed the S&P 500 by 8.23%.

The Oz Management Lp’s stake in Coty Inc (NYSE:COTY) was reduced by 3.10 million shares to 4.42 million shares valued at $80.96M in 2018Q1, according to the filling. It manages about $56.28B and $17.35B US longs. It decreased Alphabet Inc () position by 203,184 shares to 330,416 shares, and cut its Jianpu Technology Inc () stake.

Among the biggest hedge funds company worldwide, Och-Ziff Capital Management was founded by Daniel S. Och in 1994. The company makes use of many different strategies and has an approach which is multi-geography. Its offices are located in Mumbai, Hong Kong, London, Beijing and New York. Oz Management Lp is a New York-based hedge fund that was founded by Daniel S. Och. It had more than $56.28 billion assets under management in December, 2014. Oz Management Lp is the 84th largest hedge fund in our database. Taken from Oz Management latest Adv, the fund reported to have 546 full and part-time employees. Among which 149 performing investment advisory and research functions. The hedge fund had between 26-100 clients.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

In total 21 analysts cover Tesla Motors (NASDAQ:TSLA). “Buy” rating has 5, “Sell” are 9, while 7 are “Hold”. 24% are bullish. 39 are the (NASDAQ:TSLA)’s analyst reports since November 17, 2017 according to StockzIntelligence Inc. The stock rating was maintained by Jefferies with “Sell” on Monday, March 19. The stock rating was upgraded by Jefferies to “Hold” on Monday, April 2. On Thursday, February 8 the firm has “Buy” rating by Guggenheim given. On Monday, April 16 the firm earned “Hold” rating by RBC Capital Markets. In Tuesday, May 1 report Goldman Sachs maintained it with “Sell” rating and $19500 target. On Tuesday, April 10 the stock of Tesla, Inc. (NASDAQ:TSLA) has “Sell” rating given by Goldman Sachs. On Friday, March 9 the rating was maintained by Morgan Stanley with “Hold”. The stock rating was maintained by Tigress Financial with “Hold” on Thursday, December 21. The stock rating was maintained by Dougherty with “Buy” on Thursday, February 8. On Thursday, January 4 Guggenheim maintained Tesla, Inc. (NASDAQ:TSLA) rating. Guggenheim has “Buy” rating and $430.0 target.

Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and energy storage products in the United States, China, Norway, and internationally.The firm is valued at $48.64 billion. The firm operates in two divisions, Automotive, and Energy Generation and Storage.Currently it has negative earnings. It primarily offers sedans and sport utility vehicles.

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

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