Oz Management Lp Upped Its Tesla Inc (NASDAQ:TSLA) Position as Price Declined

May 17, 2018 - By Joseph Norton

Tesla, Inc. (NASDAQ:TSLA) Corporate LogoBig Money Sentiment decreased to 1.05 in 2017 Q4. It has change of 0.25, from 2017Q3’s 1.3. The ratio dropped due to TSLA positioning: 105 sold and 156 reduced. 69 funds amassed holdings and 206 increased holdings. Investors holded 93.25 million in 2017Q3 but now own 96.06 million shares or 3.01% more. Barclays Public Ltd has 737,086 shs. Mitsubishi Ufj Securities Holdings holds 2.22% in Tesla, Inc. (NASDAQ:TSLA) or 1,700 shs. Gateway Investment Advisers Limited Liability reported 21,385 shs stake. Mirae Asset Invs Ltd accumulated 13,849 shs. Hhr Asset Ltd Limited Liability Company owns 240,268 shs. British Columbia Investment accumulated 0.16% or 73,674 shs. Northwestern Mutual Wealth Mngmt owns 5,101 shs. Texas-based Fiduciary Fincl Svcs Of The Southwest Inc Tx has invested 0.07% in Tesla, Inc. (NASDAQ:TSLA). Inspirion Wealth Advisors Ltd Com owns 0.11% invested in Tesla, Inc. (NASDAQ:TSLA) for 759 shs. Wilbanks Smith & Thomas Asset Management Ltd Liability Corporation reported 0.04% in Tesla, Inc. (NASDAQ:TSLA). Pnc Financial Svcs Grp reported 17,957 shs. Envestnet Asset stated it has 895 shs or 0% of all its holdings. Fjarde Ap reported 45,261 shs. Polaris Greystone Fincl Group Ltd Liability Company owns 1,975 shs or 0.05% of their US capital. Connor Clark & Lunn owns 7,900 shs for 0.01% of their capital.

TSLA registered $5.98 million net activity with 1 insider purchase and 9 insider sales since December 13, 2017. Musk Elon also bought $9.85M worth of Tesla, Inc. (NASDAQ:TSLA) shs. $562,500 worth of Tesla, Inc. (NASDAQ:TSLA) shs were sold by Musk Kimbal. FIELD JOHN DOUGLAS sold 1,000 shs worth $330,056.

In 2018Q1 SEC regulatory form was reported Oz Management Lp’s holdings in Tesla Inc (NASDAQ:TSLA) which was increased by 1526.02%. Tesla Inc (NASDAQ:TSLA) stock Sank 14.15% while Oz Management Lp bought 187,700 shares. Oz Management Lp announced $53.23M position in Oz Management Lp for 2018Q1. Now it holds 200,000 shares, compared to 12,300 last quarter. $48.64 billion is the market cap of Tesla Inc. Ticker’s shares touched $286.48 during the last trading session after 0.81% 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%.

Oz Management Lp manages about $56.28 billion and $17.35 billion US longs. According to a filing the fund decreased its stake in Herbalife Ltd (NYSE:HLF) by 1.46M shares to 145,609 shares, valued at $14.19M in 2018Q1. It decreased Palo Alto Networks Inc (Prn) () position by 13.50 million shares to 29.85M shares, and cut its Energy Transfer Equity L P (NYSE:ETE) 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. In Monday, April 2 report Jefferies upgraded the stock to “Hold” rating. On Monday, April 16 the stock of Tesla, Inc. (NASDAQ:TSLA) has “Hold” rating given by RBC Capital Markets. On Thursday, March 8 Citigroup maintained the shares of TSLA in report with “Hold” rating. On Friday, March 9 the stock has “Hold” rating by Morgan Stanley. On Thursday, February 8 Barclays Capital maintained Tesla, Inc. (NASDAQ:TSLA) with “Sell” rating. On Tuesday, January 23 Robert W. Baird maintained Tesla, Inc. (NASDAQ:TSLA) with “Buy” rating. In Thursday, April 19 report Goldman Sachs maintained the stock with “Sell” rating. The stock rating was maintained by Tigress Financial with “Hold” on Thursday, December 21. In Friday, November 17 report Cowen & Co maintained it with “Sell” rating and $170.0 target. On Wednesday, February 7 Piper Jaffray maintained the shares of TSLA in report with “Buy” rating.

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

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

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