Crossmark Global Holdings increases Tesla stake to 73 million dollars

Crossmark Global Holdings Inc. boosted its investment in Tesla by 24.2 percent during the fourth quarter, bringing its total holdings to over 163,000 shares.

Justin Tomlinson

Editor-in-Chief, Mora Discover

2 sources

Crossmark Global Holdings Inc. has increased its investment in Tesla, Inc., raising its stake in the electric vehicle producer by 24.2 percent during the fourth quarter. The details of the transaction were revealed in the institutional investor's most recent disclosure filed with the Securities and Exchange Commission.[1][2]

Following the fourth-quarter acquisitions, Crossmark Global Holdings Inc. now owns a total of 163,697 shares of the NASDAQ-listed company's stock. Based on the latest filings, the firm's overall stake in Tesla is currently valued at $73.62 million.[1][2]

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