OFI Invest Asset Management Has $262.09 Million Holdings in Tesla, Inc. $TSLA

OFI Invest Asset Management cut its stake in Tesla, Inc. (NASDAQ:TSLA) by 10.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 623,123 shares of the electric vehicle producer’s stock after selling 75,968 shares during the period. Tesla accounts for 2.6% of OFI Invest Asset Management’s investment portfolio, making the stock its 7th largest holding. OFI Invest Asset Management’s holdings in Tesla were worth $262,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Human Investing LLC raised its stake in Tesla by 4.5% during the fourth quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer’s stock worth $260,000 after buying an additional 25 shares during the last quarter. SilverOak Wealth Management LLC raised its position in shares of Tesla by 2.3% in the 4th quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer’s stock worth $502,000 after acquiring an additional 25 shares in the last quarter. Boston Trust Walden Corp lifted its stake in shares of Tesla by 0.7% in the 4th quarter. Boston Trust Walden Corp now owns 3,385 shares of the electric vehicle producer’s stock valued at $1,522,000 after purchasing an additional 25 shares during the period. Cape ANN Savings Bank lifted its stake in shares of Tesla by 2.6% in the 4th quarter. Cape ANN Savings Bank now owns 974 shares of the electric vehicle producer’s stock valued at $438,000 after purchasing an additional 25 shares during the period. Finally, Marks Group Wealth Management Inc boosted its position in shares of Tesla by 1.7% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,512 shares of the electric vehicle producer’s stock valued at $680,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Large Tesla Semi order: Swedish trucking company Einride plans to deploy 500 Tesla Semis across North America over the next two years, beginning in September. The order would be the largest Tesla Semi deployment announced so far and could expand Tesla’s commercial-vehicle revenue. Reuters article
• Positive Sentiment: Cybercab rollout advances: Reports indicate Tesla is preparing to begin offering rides in its steering-wheel-free Cybercab in Austin as soon as this month, initially using employees before expanding to public robotaxi service. The launch could provide a high-profile test of Tesla’s autonomous-vehicle strategy. Reuters article
• Positive Sentiment: Robotaxi infrastructure: Tesla has reportedly filed plans for a charging hub with as many as 80 wireless chargers, signaling continued investment in scaling its robotaxi fleet and supporting the Cybercab launch. TipRanks article
• Neutral Sentiment: Amazon relationship: Filings show Amazon holds warrants representing roughly 12% of Einride, with vesting linked to Amazon purchases of freight services. This supports demand for the Semi deployment but does not represent a direct Amazon investment in Tesla. GeekWire article
• Neutral Sentiment: SpaceX speculation: Comments from former Tesla President Jon McNeill have renewed speculation that the Roadster could highlight deeper ties between Tesla and SpaceX, but no merger or transaction has been confirmed.
• Negative Sentiment: Profitability concerns: Coverage highlights Tesla’s return to negative free cash flow and its slim automotive net margin. The company also previously missed quarterly EPS expectations, increasing scrutiny of whether substantial AI and robotaxi investments can generate adequate returns.
• Negative Sentiment: Valuation and analyst warning: Tesla trades at exceptionally high earnings multiples despite subdued profitability. GLJ Research reaffirmed a Sell rating and assigned a $24.86 price target, arguing that Full Self-Driving execution could pressure the stock further. TipRanks article
• Negative Sentiment: Competition and execution risk: Amazon’s Zoox is expanding driverless service into San Francisco and Las Vegas, while investors remain concerned about regulatory approval, fleet costs, and the timing of Tesla’s robotaxi commercialization. Higher Treasury yields may also weigh on richly valued growth stocks.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on TSLA shares. Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, July 21st. Citizens Jmp initiated coverage on Tesla in a research note on Thursday, July 9th. They set a “market perform” rating on the stock. HSBC reiterated a “hold” rating on shares of Tesla in a research note on Monday, June 15th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 target price on shares of Tesla in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, nineteen have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $401.74.

Tesla Price Performance

TSLA stock opened at $336.93 on Wednesday. The firm has a 50 day moving average of $368.18 and a 200-day moving average of $388.55. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The firm has a market capitalization of $1.33 trillion, a P/E ratio of 311.98, a price-to-earnings-growth ratio of 17.28 and a beta of 1.83.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same period last year, the company posted $0.33 EPS. The business’s revenue was up 25.5% on a year-over-year basis. As a group, sell-side analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

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.