Tesla, Inc. $TSLA Shares Purchased by Convergence Financial LLC

Convergence Financial LLC grew its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 193.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 29,140 shares of the electric vehicle producer’s stock after purchasing an additional 19,204 shares during the quarter. Tesla accounts for about 1.9% of Convergence Financial LLC’s holdings, making the stock its 14th biggest holding. Convergence Financial LLC’s holdings in Tesla were worth $12,959,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TSLA. Manning & Napier Advisors LLC bought a new position in Tesla in the 3rd quarter worth about $29,000. Westend Capital Management LLC acquired a new position in shares of Tesla during the third quarter worth approximately $32,000. Chapman Financial Group LLC bought a new position in Tesla in the 2nd quarter worth approximately $26,000. CoreFirst Bank & Trust acquired a new stake in Tesla in the 2nd quarter valued at approximately $30,000. Finally, ESL Trust Services LLC raised its stake in Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Transactions at Tesla

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 119,457 shares of company stock valued at $53,501,145 over the last three months. Company insiders own 19.90% of the company’s stock.

Tesla Stock Up 0.0%

TSLA stock opened at $411.82 on Friday. The firm has a market cap of $1.55 trillion, a PE ratio of 381.31, a P/E/G ratio of 14.49 and a beta of 1.86. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The firm has a 50 day simple moving average of $440.65 and a 200 day simple moving average of $417.52.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same quarter in the previous year, the business posted $0.73 earnings per share. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. Equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TSLA shares. Bank of America increased their price target on Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Tigress Financial began coverage on shares of Tesla in a research report on Thursday, February 12th. They issued a “buy” rating and a $550.00 target price for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, January 27th. Benchmark reaffirmed a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $500.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $408.09.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tigress Financial initiated coverage with a Buy rating and a $550 price target, signaling sell‑side expectations for meaningful upside if Tesla executes its pivot to robotics and autonomy. Tigress Initiates Coverage
• Positive Sentiment: Tesla is rolling out FSD monetization (subscription push) and continues to cite large supervised‑miles safety data — both expand recurring revenue potential and help justify a valuation tied to software/autonomy, not just cars. FSD Subscriptions Analysis
• Positive Sentiment: Longer term, bullish narratives around Optimus and Tesla’s robotics pivot (large TAM commentary and analyst pieces) support a structural re‑rating if execution continues — this is why some investors look past near‑term auto softness. Optimus Opportunity
• Neutral Sentiment: Tesla cut Cybertruck pricing (new base at ~$59,990; Cyberbeast reduced to $99,990) to drive demand — this could boost volumes but may compress margins; the immediate market reaction has been muted. Cybertruck Price Cut
• Neutral Sentiment: Large hedge funds and managers show mixed positioning: some boosted TSLA stakes (Viking Global, Woodline), others trimmed — this creates two‑way flows that can amplify intraday volatility. Institutional Trades
• Negative Sentiment: A federal judge denied Tesla’s request to overturn a $243M jury award tied to a fatal Autopilot crash, making the liability judgment stick — an explicit legal and reputational headwind that increases near‑term risk and potential cash exposure. Autopilot Verdict Upheld
• Negative Sentiment: Analyst and investor skepticism about demand for the cheaper Cybertruck trim (comments that it may not increase volumes meaningfully) keeps the sales/earnings risk front‑and‑center for short‑term traders. Cybertruck Skepticism

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.