Revere Asset Management trims Tsla Stock by 2,851 shares
Revere Asset Management cut tsla stock by 9.5% in the fourth quarter after selling 2,851 shares. The filing left the firm with 27,224 Tesla shares valued at $12,243,000, keeping the stock as its 7th biggest position and 4.3% of the portfolio.
Revere's 2,851-share trim
2,851 shares is the clearest move in the filing: Revere reduced its Tesla position from a larger fourth-quarter stake to one worth $12,243,000. For a firm with Tesla still ranked as its 7th biggest holding, that is a cut, not an exit, and the position remains large enough to matter inside the portfolio.
27,224 shares remained after the sale, which puts Tesla near the center of Revere's equity book even after the trim. The 9.5% reduction shows a manager adjusting exposure rather than making a full reversal, a distinction investors often miss when they focus only on the word “sold.”
Other funds moved on Tesla
18.0% was the increase Mmbg Investment Advisors CO. made in the same quarter, buying 253 additional shares and ending with 1,659 shares. Seaview Investment Managers LLC opened a new stake worth $507,000, while CBIZ Investment Advisory Services LLC lifted its position by 3.9% to 1,185 shares after adding 44 shares.
26.7% was the jump at Blue Bell Private Wealth Management LLC, which bought 524 more shares and ended with 2,486 shares. GatePass Capital LLC also entered with a new stake worth $224,000, and institutional investors now own 66.20% of Tesla's stock. That mix of buying and selling leaves Revere's move as one slice of a broader institutional reallocation, not a one-way vote on the company.
Tesla's price and earnings backdrop
$426.01 was Tesla's opening price on Tuesday, with the stock carrying a $1.60 trillion market value. The shares also traded at 390.83 times earnings, with a PEG ratio of 16.82 and a beta of 1.79, a reminder that even a small portfolio trim can sit inside a stock priced for continued growth.
$0.41 per share was Tesla's quarterly profit on Thursday, April 23rd, topping the $0.39 estimate by $0.02 even as revenue came in at $22.39 billion versus $22.96 billion expected. Revenue still rose 15.8% year over year, while analysts forecast 1.2 earnings per share for the current year; that gap between earnings strength and revenue shortfall is the backdrop for any institutional reshuffle.
26,409 shares were later sold by Tesla director Kathleen Wilson-Thompson on Thursday, April 30th at an average price of $378.11, a transaction valued at $9,985,506.99 that left her with 48,399 shares. For shareholders, the key read is not one isolated sale but the pattern: institutions and insiders are still trading around a stock that remains large, expensive, and heavily owned.
