Blue Barn Wealth LLC Sells 1,481 Shares of Tesla, Inc. $TSLA

Blue Barn Wealth LLC cut its position in Tesla, Inc. (NASDAQ:TSLA) by 64.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 805 shares of the electric vehicle producer’s stock after selling 1,481 shares during the quarter. Tesla comprises about 0.5% of Blue Barn Wealth LLC’s portfolio, making the stock its 26th biggest holding. Blue Barn Wealth LLC’s holdings in Tesla were worth $362,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Networth Advisors LLC acquired a new position in Tesla in the 4th quarter valued at $26,000. Chapman Financial Group LLC acquired a new position in Tesla in the 2nd quarter valued at $26,000. Davidson Capital Management Inc. raised its holdings in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares in the last quarter. Prism Advisors Inc. acquired a new position in Tesla in the 4th quarter valued at $30,000. Finally, Turning Point Benefit Group Inc. acquired a new position in Tesla in the 3rd quarter valued at $30,000. 66.20% of the stock is currently owned by institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported a strong May rebound in China-made EV sales, with Shanghai deliveries jumping nearly 40% year over year, suggesting demand is stabilizing in one of its most important markets. Tesla’s Chinese-made EV sales rise 39.4% in May
• Positive Sentiment: The company expanded its unsupervised robotaxi service area in Austin, reinforcing the bull case around Tesla’s autonomy strategy and long-term AI/robotics growth narrative. Tesla rolls out unsupervised robotaxis in Austin
• Positive Sentiment: Estonia cleared Tesla’s FSD Supervised system for use, adding another European market and supporting the idea that Tesla can keep broadening its driver-assistance rollout. Is Tesla’s FSD Supervised Gaining Momentum Across Europe?
• Positive Sentiment: Several articles argue Tesla’s recent rebound is tied to improved China and Europe delivery trends, which may help offset fears that EV demand is weakening. Tesla stock rebounding around 1.5% today: what’s behind the move?

Insider Transactions at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 57,482 shares of company stock valued at $21,508,331. Insiders own 19.90% of the company’s stock.

Wall Street Analysts Forecast Growth

TSLA has been the subject of several analyst reports. China Renaissance dropped their price objective on Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a report on Monday, April 27th. Truist Financial dropped their price objective on Tesla from $438.00 to $400.00 and set a “hold” rating for the company in a report on Thursday, April 2nd. TD Cowen reaffirmed a “buy” rating and issued a $490.00 price objective on shares of Tesla in a report on Thursday, April 23rd. HSBC initiated coverage on Tesla in a report on Monday, April 27th. They issued a “buy” rating for the company. Finally, Jefferies Financial Group reissued a “neutral” rating on shares of Tesla in a report on Wednesday, April 22nd. Nineteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $395.20.

Tesla Price Performance

Shares of TSLA opened at $423.70 on Thursday. Tesla, Inc. has a 12-month low of $273.21 and a 12-month high of $498.83. The business has a 50-day simple moving average of $394.52 and a two-hundred day simple moving average of $416.14. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.59 trillion, a PE ratio of 388.72, a PEG ratio of 16.73 and a beta of 1.80.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the prior year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Analysts anticipate that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

About Tesla

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.