Allen Mooney & Barnes Investment Advisors LLC trimmed its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 55.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,320 shares of the electric vehicle producer’s stock after selling 1,625 shares during the period. Allen Mooney & Barnes Investment Advisors LLC’s holdings in Tesla were worth $587,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of Tesla during the second quarter worth about $11,839,824,000. Kingstone Capital Partners Texas LLC boosted its position in Tesla by 581,880.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer’s stock worth $2,044,683,000 after acquiring an additional 6,435,598 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Tesla by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after acquiring an additional 4,502,976 shares in the last quarter. Amundi raised its holdings in shares of Tesla by 29.4% in the first quarter. Amundi now owns 16,771,882 shares of the electric vehicle producer’s stock valued at $4,482,789,000 after purchasing an additional 3,814,610 shares during the last quarter. Finally, Caxton Associates LLP bought a new stake in shares of Tesla in the first quarter worth $469,339,000. 66.20% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Wall Street analyst upgrades and price‑target raises are supporting the rally — Deutsche Bank raised its target after strong delivery analysis and several brokers have lifted targets (some headlines cite targets as high as the low $500s). Deutsche Bank Price Target Hike Analysts Set $551 Target
- Positive Sentiment: Industry tech partners publicly praise Tesla’s FSD progress (Nvidia’s robotics chief complimented FSD v14), reinforcing the narrative that Tesla’s software/AI could unlock outsized future profits. Nvidia Praises FSD v14
- Neutral Sentiment: Driverless testing in Austin (including tests without safety drivers) is drawing Wall Street attention — this keeps the stock sensitive to any operational updates or regulatory comments but does not yet change fundamentals. Wall Street Attention on Austin Testing
- Neutral Sentiment: CEO Elon Musk posted a “joyful” edit to Tesla’s mission wording — a PR/branding move that can influence sentiment but is unlikely to materially affect near‑term fundamentals. Musk Edits Mission Wording
- Negative Sentiment: U.S. regulators opened a defect petition/investigation into ~179,000 Model 3 vehicles over hidden/unlabeled emergency door releases — this raises potential recall, remediation costs and reputational risk. Reuters: NHTSA Defect Petition
- Negative Sentiment: Reporting indicates Tesla’s Austin robotaxi operation is much smaller than public claims, raising execution and credibility questions around the timing/scale of commercial robotaxi rollout. NYT: Robotaxis Lag on Roads AOL: Project Smaller Than Claimed
- Negative Sentiment: Competition and regional demand softness: reports show Tesla’s European registrations have dropped while BYD’s European sales surge — this heightens margin and volume risk in a key market. Tesla European Sales Plunge
Insider Transactions at Tesla
Tesla Price Performance
Tesla stock opened at $484.35 on Friday. The company has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 322.90, a PEG ratio of 12.26 and a beta of 1.87. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The stock’s 50 day moving average is $444.26 and its 200-day moving average is $385.32.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same period in the previous year, the company posted $0.72 EPS. The firm’s quarterly revenue was up 11.6% on a year-over-year basis. Equities research analysts expect that Tesla, Inc. will post 2.56 EPS for the current year.
Analyst Ratings Changes
Several brokerages have issued reports on TSLA. Morgan Stanley set a $425.00 price target on shares of Tesla and gave the company an “equal weight” rating in a research note on Sunday, December 7th. Barclays restated a “neutral” rating and issued a $350.00 price objective on shares of Tesla in a report on Monday, December 1st. The Goldman Sachs Group reiterated a “neutral” rating on shares of Tesla in a report on Wednesday, December 17th. Truist Financial set a $444.00 price target on Tesla and gave the company a “hold” rating in a research note on Friday, December 19th. Finally, Canaccord Genuity Group upped their price objective on Tesla from $482.00 to $551.00 and gave the stock a “buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $414.50.
Check Out Our Latest Report on TSLA
Tesla Company Profile
Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.
Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.
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