Banque Cantonale Vaudoise Trims Stock Holdings in Tesla, Inc. $TSLA

Banque Cantonale Vaudoise cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 2.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 58,843 shares of the electric vehicle producer’s stock after selling 1,711 shares during the quarter. Tesla makes up approximately 0.8% of Banque Cantonale Vaudoise’s portfolio, making the stock its 16th biggest holding. Banque Cantonale Vaudoise’s holdings in Tesla were worth $21,874,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Networth Advisors LLC acquired a new position in Tesla during the 4th quarter worth $26,000. Davidson Capital Management Inc. raised its stake in shares of 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 purchasing an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. bought a new position in shares of Tesla during the third quarter worth about $30,000. Prism Advisors Inc. bought a new position in shares of Tesla during the fourth quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in Tesla in the third quarter worth about $31,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TSLA has been the topic of several research reports. Barclays restated a “neutral” rating on shares of Tesla in a research note on Wednesday, May 13th. Sanford C. Bernstein upgraded Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. The Goldman Sachs Group initiated coverage on Tesla in a research note on Friday, June 5th. They set a “buy” rating on the stock. Bank of America started coverage on shares of Tesla in a report on Wednesday, March 4th. They issued a “buy” rating and a $460.00 price objective for the company. Finally, HSBC reiterated a “hold” rating on shares of Tesla in a research note on Monday, June 15th. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $403.07.

Tesla Price Performance

Shares of TSLA opened at $375.12 on Friday. The company has a market cap of $1.41 trillion, a P/E ratio of 344.15, a PEG ratio of 15.01 and a beta of 1.80. The stock has a fifty day moving average price of $405.86 and a 200 day moving average price of $413.41. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a 12 month low of $288.77 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last posted its earnings results 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. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same period last year, the business posted $0.27 earnings per share. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. On average, research analysts forecast that Tesla, Inc. will post 1.19 earnings per share for the current year.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. The trade was a 10.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 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 transaction of $9,985,506.99. Following the completion of the transaction, the director 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 57,824 shares of company stock worth $21,657,588. 19.90% of the stock is currently owned by insiders.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla announced a major energy partnership with Sunrun and Renew Home to aggregate more than 16 gigawatts of flexible residential power capacity, positioning Tesla’s battery and software ecosystem as a potential solution for AI data-center power needs. Tesla (TSLA) Lands 16 Gigawatt U.S. Power Plant Deal And 25 Gigawatt Hour Europe Pact
• Positive Sentiment: The Trump administration proposed easing federal AV rules by allowing vehicles designed for automated driving to skip brake pedals, which could help Tesla’s robotaxi and FSD ambitions if adopted. Trump admin proposes axing brake pedal requirement for AVs in a boost for Tesla
• Positive Sentiment: Reports also said Giga Berlin is preparing to raise weekly output to 7,500 vehicles in October, signaling improving demand and production momentum in Europe. TSLA Stock Dips — Tesla Gears Up To Ramp European Production To 7,500 Vehicles Per Week Amid FSD Push
• Neutral Sentiment: Several commentary pieces argued that Tesla’s energy division and robotics strategy could become important long-term growth engines, but these views are speculative and do not change near-term fundamentals. Down 14%, Is Tesla a Good Buy Now?
• Neutral Sentiment: JPMorgan reiterated a neutral stance, underscoring that some analysts remain cautious even with Tesla’s autonomy and energy optionality. Tesla: JP Morgan Gives a Neutral Rating
• Negative Sentiment: Tesla is facing a wrongful-death lawsuit tied to a fatal Texas crash involving Autopilot/FSD, and the NTSB has opened a probe, increasing legal and reputational risk around its driver-assistance systems. Tesla sued over fatal Texas crash linked to Autopilot
• Negative Sentiment: Tesla has also been hit by broader skepticism over its valuation and execution, with one analysis arguing the stock would need an unrealistically high return on assets to justify its price. Tesla Stock Data

Tesla Company 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.