S Harris Financial Group LLC Makes New Investment in Tesla, Inc. $TSLA

S Harris Financial Group LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLAFree Report) in the 4th quarter, Holdings Channel.com reports. The fund purchased 1,587 shares of the electric vehicle producer’s stock, valued at approximately $714,000.

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

Analyst Ratings Changes

Several equities research analysts recently issued reports on TSLA shares. Evercore raised shares of Tesla from a “hold” rating to an “outperform” rating in a research report on Friday, June 5th. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research note on Thursday, April 23rd. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price target on the stock in a report on Friday, April 24th. China Renaissance lowered their price objective on shares of Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research note on Monday, April 27th. Finally, Barclays restated a “neutral” rating on shares of Tesla in a report on Wednesday, May 13th. Twenty-one analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $404.37.

Read Our Latest Report on Tesla

Tesla Price Performance

TSLA opened at $400.49 on Friday. Tesla, Inc. has a 1 year low of $288.77 and a 1 year high of $498.83. The firm has a 50 day moving average price of $403.33 and a 200 day moving average price of $415.26. 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 company has a market cap of $1.50 trillion, a PE ratio of 367.42, a price-to-earnings-growth ratio of 16.01 and a beta of 1.80.

Tesla (NASDAQ:TSLAGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the previous year, the company posted $0.27 earnings per share. Tesla’s revenue was up 15.8% compared to the same quarter last year. Sell-side analysts expect that Tesla, Inc. will post 1.19 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on 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 legal filing with the SEC, which can be accessed through this link. 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 on 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 sale, the chief financial officer directly 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. 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 sold 57,824 shares of company stock worth $21,657,588. Insiders own 19.90% of the company’s stock.

Trending Headlines about Tesla

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.

About Tesla

(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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