Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts TSLA Stake by $10M
Key Points
- Livforsakringsbolaget Skandia filed a Form 13F on October 21, 2026, revealing a 62.4% reduction in its Tesla holdings.
- Livforsakringsbolaget Skandia, Omsesidigt held 17,436 $TSLA shares at quarter end, down 62.39% from the prior quarter.
- Tesla shares recently traded around $386.56, sitting below their 52-week high of $498.83.
- Wall Street analysts recently adjusted targets for the electric vehicle maker, with firms like JP Morgan and Piper Sandler issuing updates.
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Livforsakringsbolaget Skandia cut its stake in Tesla, Inc. (NasdaqGS: TSLA) during the quarter, according to a Form 13F filed with the SEC on October 21, 2026.
TSLA
Tesla, Inc.
What Changed in Livforsakringsbolaget Skandia's Tesla Position
The fund sold 28,920 shares of the electric car maker, cutting its holdings by 62.4% compared to the previous period. That left the firm with 17,436 shares of Tesla, with a reported value of $6,186,467 at the time of the filing.
Tesla, Inc. Stock Up 3.7%
Tesla shares recently traded around $386.56 as of October 22, 2026, compared to an event close of $386.47 on October 21. The stock trades above its 50-day moving average of $362.18 and sits below its 52-week high of $498.83. The company carries a market capitalization of roughly $1.53 trillion and a trailing P/E ratio of 357.8.
Recent Earnings
Tesla generated $103.62 billion in trailing-twelve-month revenue with earnings of $1.08 per share. The company reported a net profit margin of 3.7% and a return on equity of 4.7%.
Insider Buying and Selling at Tesla, Inc.
Company insiders executed several transactions prior to the filing. Chief Financial Officer Vaibhav Taneja sold 3,000 shares on May 13, 2026, at $450.00 per share for a total of $1.35 million. Taneja later sold 2,605 shares on June 8, 2026, at $402.20 per share, and another 2,605 shares on September 8, 2026, at $360.13 per share. Director Thompson Kathleen Wilson sold 26,409 shares on April 30, 2026, valued at approximately $9.99 million.
Analysts Set New Price Targets
Several research firms updated their views on Tesla following the recent period. JP Morgan maintained a Neutral rating on October 22, 2026, lifting its target from $415.00 to $430.00. TD Cowen reiterated a Buy rating with a $460.00 price target on October 22, 2026. Piper Sandler maintained an Overweight rating on October 22, 2026, raising its target from $450.00 to $475.00. StoneX reiterated a Buy rating with a $475.00 target on October 22, 2026, while GLJ Research maintained a Sell rating and a $24.86 target. Overall, the stock holds a consensus Buy rating from 38 analysts with a mean target price of $397.83.
About Tesla, Inc.
Tesla designs, manufactures, and sells electric vehicles alongside energy storage systems. The company operates across automotive and clean energy segments, providing cars, regulatory credits, maintenance services, and insurance products globally from its headquarters in Austin, Texas.
Bottom Line
Institutional adjustments like this provide a look at how large investors manage their portfolios over time. Observers will watch Tesla's upcoming financial reports and continued delivery numbers to gauge future momentum.
Related Filing Alerts
Source: Livforsakringsbolaget Skandia, Omsesidigt's 13F filing on $TSLA (Oct 21, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts