Royal Fund Management 13F: Adds $1.8M to Tesla (TSLA) Stake

Royal Fund Management lifted its holdings in Tesla, Inc. TSLA by 27.3% during the third quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026.

The institutional investor added 4,993 shares of the electric vehicle manufacturer during the period, bringing its total ownership to 23,292 shares. The reported value of the stake reached approximately $8.3 million at the close of the quarter.

TSLA Tesla, Inc.

$374.58 ▼ -14.49% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in Tesla, Inc.

Other large investors adjusted their positions in the company around the same reporting period. Perigon Wealth Management cut its holdings by 25.2%, reducing its position by 27,071 shares to end with 80,129 shares valued at about $28.4 million. RMR Wealth Builders trimmed its stake by 21.6%, selling 4,358 shares to finish with 15,796 shares worth roughly $5.6 million. Meanwhile, Midwest Trust grew its investment by 15.6%, purchasing 28,976 shares to hold a total of 214,234 shares valued at about $76.0 million.

Tesla, Inc. Stock Up 0.3%

Tesla, Inc. shares recently traded at $374.67 on October 23, 2026, after closing at $374.58 on the filing date. The stock sits above its 50-day moving average of $362.18 while remaining below its 52-week high of $498.83.

Recent Earnings

Tesla, Inc. reported $103.6 billion in trailing-twelve-month revenue alongside earnings of $1.08 per share. The company operates with a net profit margin of 3.7% and a return on equity of 4.7%.

Dividend

Tesla, Inc. currently pays no dividend and maintains a dividend payout ratio of 0.0% as it reinvests earnings into its automotive and energy storage operations.

Insider Buying and Selling at Tesla, Inc.

Company insiders executed several transactions prior to the filing. Director Thompson Kathleen Wilson held 26,409 shares following a transaction reported on April 30, 2026. Chief Financial Officer Vaibhav Taneja sold 3,000 shares on May 13, 2026, at an average price of $450.00 for a total value of $1.3 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.

Analysts Set New Price Targets

Wall Street firms adjusted their outlooks on October 22, 2026. UBS maintained a Neutral rating while raising its price target to $425.00 from $391.00. CLSA upgraded the stock to Hold with a $400.00 price target, moving up from its prior target of $310.00. Canaccord Genuity kept a Buy rating and lifted its target to $442.00 from $410.00. Morgan Stanley kept an Equal-Weight rating with a target moved to $410.00 from $400.00. BNP Paribas upgraded the stock to Neutral, pushing its target to $420.00 from $266.00. Across the broader analyst community, the stock carries a consensus buy rating with a mean price target of $397.83 based on opinions from 38 analysts.

About Tesla, Inc.

Tesla, Inc. designs, builds, and sells battery-electric vehicles as well as solar panels and stationary battery energy storage products. Headquartered in Austin, Texas, the company operates across major global markets including the United States and China while expanding its services in automotive insurance and non-warranty maintenance.

Bottom Line

Investors tracking Tesla, Inc. will monitor upcoming institutional disclosures and consensus updates from Wall Street analysts. The mix of recent insider transactions and target adjustments highlights ongoing adjustments in market sentiment toward the automaker.