Vantus Wealth LLC Buys Shares of 1,965 Tesla, Inc. $TSLA

Vantus Wealth LLC bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,965 shares of the electric vehicle producer’s stock, valued at approximately $884,000.

A number of other institutional investors also recently modified their holdings of TSLA. Networth Advisors LLC acquired a new stake in shares of Tesla during the 4th quarter valued at $26,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the 2nd quarter valued at $26,000. Davidson Capital Management Inc. boosted its stake in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 27 shares during the period. Prism Advisors Inc. acquired a new stake in shares of Tesla in the 4th quarter valued at $30,000. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s May registrations surged in several European markets, including a 655% jump in France and more than a doubling of sales in Spain, signaling a potential recovery in demand and supporting hopes for a Q2 delivery beat. Reuters article
• Positive Sentiment: Andrew Left’s securities fraud conviction removed a high-profile Tesla critic from the short-selling debate, which some investors view as a modest sentiment boost for TSLA. TipRanks article
• Positive Sentiment: Tesla backed away from terminating its graphite supply agreement with Syrah Resources, reducing a supply-chain overhang even though the issue appears to be still under qualification. Reuters article
• Neutral Sentiment: Investors are increasingly focused on whether a future SpaceX IPO could create a benchmark for the “Musk premium” embedded in Tesla’s valuation, but the implications remain highly speculative. Benzinga article
• Neutral Sentiment: Analysts and market commentary continue debating a possible SpaceX-Tesla merger, but the deal is still theoretical and may be more headline-driven than fundamentally actionable for TSLA today. Motley Fool article
• Negative Sentiment: Tesla stock faced renewed pressure as OpenAI and Nvidia moved deeper into humanoid robotics, raising concerns that Tesla’s Optimus project could face stronger competition. TipRanks article
• Negative Sentiment: BYD and NIO posted strong May sales and delivery figures, highlighting intensifying EV competition in China and abroad that could weigh on Tesla’s growth narrative. Benzinga article

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, 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 the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. 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. In the last 90 days, insiders have sold 57,482 shares of company stock worth $21,508,331. Insiders own 19.90% of the company’s stock.

Tesla Stock Down 4.6%

Tesla stock opened at $415.88 on Tuesday. The firm has a market cap of $1.56 trillion, a price-to-earnings ratio of 381.54, a P/E/G ratio of 17.21 and a beta of 1.80. 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 fifty-two week low of $273.21 and a fifty-two week high of $498.83. The firm has a fifty day moving average price of $392.55 and a two-hundred day moving average price of $416.03.

Tesla (NASDAQ:TSLA) last released its 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. The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates 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 previous year, the business earned $0.27 EPS. As a group, analysts forecast that Tesla, Inc. will post 1.2 earnings per share for the current year.

Analysts Set New Price Targets

TSLA has been the subject of several analyst reports. Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. Truist Financial reduced their price objective on shares of Tesla from $438.00 to $400.00 and set a “hold” rating for the company in a research note on Thursday, April 2nd. BNP Paribas Exane raised shares of Tesla from an “underperform” rating to a “neutral” rating in a research note on Monday, April 27th. President Capital lifted their price objective on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a research note on Tuesday, April 21st. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $395.20.

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.