1,711 Shares in Tesla, Inc. $TSLA Bought by Cedarwood Wealth LLC

Cedarwood Wealth LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLAFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,711 shares of the electric vehicle producer’s stock, valued at approximately $745,000. Tesla accounts for approximately 0.8% of Cedarwood Wealth LLC’s holdings, making the stock its 28th biggest position.

A number of other hedge funds have also recently modified their holdings of TSLA. Vanguard Group Inc. lifted its holdings in shares of Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after purchasing an additional 6,538,720 shares during the last quarter. State Street Corp increased its position in Tesla by 0.9% during the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after buying an additional 1,080,085 shares in the last quarter. Geode Capital Management LLC increased its position in Tesla by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock valued at $29,426,070,000 after buying an additional 375,946 shares in the last quarter. Capital World Investors raised its stake in Tesla by 5.8% during the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock valued at $19,583,547,000 after buying an additional 2,403,019 shares during the last quarter. Finally, Norges Bank bought a new stake in Tesla in the fourth quarter worth $17,128,100,000. Institutional investors own 66.20% of the company’s stock.

Analyst Ratings Changes

TSLA has been the subject of several analyst reports. President Capital raised their price target on Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a report on Monday, April 27th. BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Tesla in a research note on Monday, June 1st. TD Cowen restated a “buy” rating and issued a $490.00 price target on shares of Tesla in a research note on Thursday, June 4th. Finally, Robert W. Baird cut their price objective on Tesla from $538.00 to $522.00 and set an “outperform” rating for the company in a report on Friday, April 24th. Twenty-one equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $404.37.

Get Our Latest Stock Report on Tesla

Insider Buying and Selling at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated 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 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 57,824 shares of company stock worth $21,657,588 over the last quarter. 19.90% of the stock is owned by company insiders.

Key Tesla News

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Elon Musk exercised stock options that lifted his Tesla ownership to 19.9%, reinforcing alignment with shareholders and signaling confidence in the company’s long-term strategy.
  • Positive Sentiment: ARK Invest, led by Cathie Wood, bought more Tesla shares, adding to a broader bullish narrative around TSLA as an AI and autonomous-driving leader. Article Title
  • Positive Sentiment: Analysts and commentary continue to frame Tesla as more than an EV maker, highlighting its AI, robotaxi, and robotics ambitions, which supports the stock’s premium valuation.
  • Neutral Sentiment: Tesla received approval for supervised FSD in Denmark, a modest positive for its European rollout, but the approval is still limited and does not remove broader regulatory hurdles.
  • Negative Sentiment: Reuters reported that Sweden may push back against Tesla’s supervised self-driving rollout in Europe unless speed-limit behavior is changed, creating a potential roadblock for FSD expansion. Article Title
  • Negative Sentiment: Additional reports flagged “fresh FSD roadblock” concerns in Europe, keeping investor focus on regulatory risk rather than near-term software monetization.

Tesla Price Performance

TSLA opened at $400.49 on Friday. The firm’s 50 day simple moving average is $403.33 and its two-hundred day simple moving average is $415.26. The company has a market capitalization of $1.50 trillion, a PE ratio of 367.42, a PEG ratio of 16.01 and a beta of 1.80. Tesla, Inc. has a 1-year low of $288.77 and a 1-year high of $498.83. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLAGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The firm 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 company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 EPS. As a group, equities analysts forecast that Tesla, Inc. will post 1.19 EPS for the current year.

Tesla Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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