Founders Financial Securities LLC Has $4.91 Million Position in Tesla, Inc. $TSLA

Founders Financial Securities LLC cut its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 12.8% in the first quarter, Holdings Channel reports. The fund owned 14,197 shares of the electric vehicle producer’s stock after selling 2,079 shares during the period. Founders Financial Securities LLC’s holdings in Tesla were worth $4,907,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its position in Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after acquiring an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after purchasing an additional 931 shares during the last quarter. Bison Wealth LLC raised its position in Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Tesla by 9.1% in the second quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after purchasing an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC grew its holdings in shares of Tesla by 21.2% during the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after purchasing an additional 851 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Stock Performance

Shares of Tesla stock opened at $405.05 on Tuesday. The firm has a fifty day moving average of $404.52 and a two-hundred day moving average of $414.98. 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 371.61, a PEG ratio of 16.01 and a beta of 1.80. Tesla, Inc. has a 52 week low of $288.77 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $22.96 billion. During the same period last year, the company earned $0.27 EPS. The firm’s revenue was up 15.8% on a year-over-year basis. As a group, equities research analysts predict that Tesla, Inc. will post 1.19 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on TSLA. Canaccord Genuity Group raised their target price on Tesla from $420.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research report on Monday, April 27th. Jefferies Financial Group increased their price objective on shares of Tesla from $350.00 to $375.00 and gave the stock a “hold” rating in a report on Monday. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Tesla in a research note on Monday, June 1st. Finally, Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research report on Wednesday, June 10th. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $405.06.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s new “Megapod” trademark filing is being viewed as a possible move into AI data-center hardware, reinforcing the bull case that TSLA could benefit from high-growth AI infrastructure opportunities. Tesla Shares Surge After Megapod Trademark Filing
• Positive Sentiment: Reports that Tesla’s Semi is generating strong interest and showing encouraging results suggest another potential growth avenue outside the core passenger EV business. A Little Good News for Tesla’s Big Forgotten Product
• Neutral Sentiment: Analyst commentary today was mixed: Jefferies kept a Hold/Neutral view and raised its price target, signaling Tesla still has supporters but also limited near-term upside at current levels. Jefferies adjusts price target on Tesla
• Neutral Sentiment: Broader market coverage noted Tesla was outperforming a weak market as investors looked past the SpaceX pullback and stayed focused on Tesla’s long-term AI narrative. Why Tesla stock is beating the broader market today
• Negative Sentiment: Federal regulators opened a new investigation into a fatal Texas crash involving a Tesla Model 3, after the driver said Autopilot was active; that raises fresh safety, legal, and reputational risks for TSLA’s self-driving business. Tesla faces federal probe after Model 3 slams into Texas home
• Negative Sentiment: Additional coverage of the crash and the related federal probe keeps pressure on Tesla’s Autopilot/FSD credibility and could weigh on sentiment if the investigation expands. Tesla pushes back on Autopilot narrative after fatal Texas crash

Insider Transactions at Tesla

In other 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 sale, the director directly 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 legal filing with the SEC, which is available through 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 company’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 transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $8,147,700. The trade was a 14.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 57,824 shares of company stock worth $21,657,588. Company insiders own 19.90% of the company’s stock.

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.