Clearwave Capital LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 1,589 shares of the electric vehicle producer’s stock, valued at approximately $715,000.
A number of other large investors have also modified their holdings of the stock. Brighton Jones LLC grew its stake 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 purchasing an additional 9,293 shares in 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 in the last quarter. Bison Wealth LLC boosted its stake in shares of 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 buying an additional 3,558 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after buying an additional 1,011 shares during the period. Finally, AGP Franklin LLC lifted its stake in Tesla by 21.2% in the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after acquiring an additional 851 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have commented on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research report on Friday, April 24th. BTIG Research cut shares of Tesla to a “neutral” rating in a research report on Friday, June 5th. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Truist Financial dropped their target price on Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a report on Thursday, April 2nd. Finally, Glj Research reissued a “sell” rating on shares of Tesla in a research report on Friday, June 12th. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $404.37.
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 stock opened at $400.49 on Friday. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $1.50 trillion, a P/E ratio of 367.42, a PEG ratio of 16.01 and a beta of 1.80. The business has a 50 day simple moving average of $403.33 and a 200-day simple moving average of $415.26. Tesla, Inc. has a twelve month low of $288.77 and a twelve month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm 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 business earned $0.27 EPS. Tesla’s quarterly revenue was up 15.8% compared to the same quarter last year. As a group, equities analysts anticipate that Tesla, Inc. will post 1.19 EPS for the current year.
Insider Transactions at Tesla
In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction that occurred 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 sale, the director directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla 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 completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. 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 three months, insiders have sold 57,824 shares of company stock worth $21,657,588. Corporate 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.
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