&PARTNERS Purchases 76,524 Shares of Tesla, Inc. $TSLA

&PARTNERS grew its position in Tesla, Inc. (NASDAQ:TSLA) by 53.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 219,870 shares of the electric vehicle producer’s stock after purchasing an additional 76,524 shares during the quarter. Tesla accounts for approximately 0.5% of &PARTNERS’s investment portfolio, making the stock its 27th biggest holding. &PARTNERS’s holdings in Tesla were worth $98,888,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TSLA. Networth Advisors LLC purchased a new position in shares of Tesla in the fourth quarter worth $26,000. Chapman Financial Group LLC bought a new stake in shares of Tesla in the second quarter worth approximately $26,000. Davidson Capital Management Inc. raised its holdings in shares of Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares during the last quarter. Prism Advisors Inc. bought a new position in Tesla during the fourth quarter valued at approximately $30,000. Finally, Turning Point Benefit Group Inc. purchased a new stake in Tesla in the third quarter worth approximately $30,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on TSLA shares. DZ Bank raised Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective for the company in a report on Friday, April 24th. Roth Mkm reissued a “buy” rating on shares of Tesla in a research report on Thursday, April 23rd. Wedbush restated an “outperform” rating and set a $600.00 price target on shares of Tesla in a research note on Tuesday, April 21st. Canaccord Genuity Group increased their price objective on shares of Tesla from $420.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, Barclays reissued a “neutral” rating on shares of Tesla in a report on Wednesday, May 13th. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $404.37.

Tesla Stock Performance

TSLA opened at $404.66 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The stock has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 371.25, a PEG ratio of 16.44 and a beta of 1.80. The company has a fifty day moving average of $400.24 and a 200 day moving average of $415.78. Tesla, Inc. has a fifty-two week low of $288.77 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business’s revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 EPS. As a group, sell-side analysts forecast that Tesla, Inc. will post 1.19 earnings per share for the current fiscal year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Goldman Sachs raised its Q2 delivery forecast for Tesla, saying shipments appear to be tracking ahead of consensus, which supports the case for stronger near-term fundamentals. Tesla Q2 deliveries “likely tracking ahead of consensus”: Goldman
• Positive Sentiment: Tesla’s AI5 chip reportedly completed tape-out, reinforcing the company’s push into AI, autonomy, and custom hardware beyond its core EV business. Tesla’s AI5 Chip Recently Completed Tape-Out
• Neutral Sentiment: Investors are still speculating about a Tesla-SpaceX merger, but it remains unconfirmed and faces major regulatory and execution hurdles, so it is more a valuation narrative than an immediate business catalyst. Could a Tesla-SpaceX Merger Be Closer Than Investors Think?
• Negative Sentiment: U.S. senators are urging a review of Tesla’s FSD safety data after Reuters reporting questioned the accuracy of Tesla’s self-published crash statistics, increasing regulatory and reputational risk around autonomy. US senators ask for review of Tesla’s ‘Full Self-Driving’ safety data
• Negative Sentiment: Reuters also reported that regulators in Sweden and the Netherlands believe Tesla presented misleading FSD safety data, adding to concerns that could slow European approval efforts and weigh on sentiment. Exclusive: Tesla presented misleading ‘Full Self-Driving’ safety data to European regulators

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 57,824 shares of company stock worth $21,657,588. Corporate insiders own 19.90% of the company’s stock.

Tesla 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.