Portus Wealth Advisors LLC Takes Position in Tesla, Inc. $TSLA

Portus Wealth Advisors LLC bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 3,101 shares of the electric vehicle producer’s stock, valued at approximately $1,379,000. Tesla makes up 1.4% of Portus Wealth Advisors LLC’s portfolio, making the stock its 20th largest holding.

Other institutional investors have also bought and sold shares of the company. Turning Point Benefit Group Inc. bought a new position in shares of Tesla during the third quarter valued at $30,000. Manning & Napier Advisors LLC bought a new stake in shares of Tesla in the 3rd quarter worth about $29,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Tesla during the 3rd quarter worth about $31,000. Westend Capital Management LLC bought a new position in Tesla during the 3rd quarter valued at about $32,000. Finally, Chapman Financial Group LLC bought a new stake in Tesla during the second quarter worth about $26,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insiders Place Their Bets

In related news, Director Kathleen Wilson-Thompson sold 25,731 shares of Tesla stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the completion of the sale, the director directly owned 19,669 shares of the company’s stock, valued at $8,173,649.64. The trade was a 56.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 87,995 shares of company stock valued at $38,315,650. Company insiders own 19.90% of the company’s stock.

Tesla Stock Up 0.9%

NASDAQ:TSLA opened at $399.27 on Wednesday. The company has a market cap of $1.50 trillion, a price-to-earnings ratio of 369.69, a P/E/G ratio of 11.70 and a beta of 1.89. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The stock’s fifty day moving average price is $418.18 and its two-hundred day moving average price is $426.83. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. The company had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.73 EPS. On average, analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on TSLA shares. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a report on Thursday, January 29th. DZ Bank reaffirmed a “sell” rating on shares of Tesla in a report on Thursday, January 29th. Canaccord Genuity Group set a $520.00 price objective on Tesla in a research note on Thursday, January 29th. BNP Paribas Exane decreased their target price on Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a report on Monday, March 2nd. Finally, Piper Sandler restated an “overweight” rating on shares of Tesla in a research note on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $406.84.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla confirmed a $4.3 billion supply/build deal with LG Energy Solution to build an LFP prismatic cell factory in Lansing, Michigan to supply Megapack energy-storage systems — a major step toward U.S. battery sourcing and securing capacity for the energy business. US government confirms Tesla and LG Energy Solution’s $4.3 billion battery deal
• Positive Sentiment: Elon Musk says Tesla’s “Terafab” AI-chip project will launch imminently — investors view a domestic AI-chip supply as critical to scaling Autonomy/robotaxi economics and reducing GPU costs. Elon Musk Says Tesla’s ‘Terafab’ AI Chip Project Launches In 7 Days
• Positive Sentiment: Street support is mixed but constructive headlines arrived today (e.g., Bank of America initiating a Buy) citing expanding robotaxi operations as an upside catalyst. BofA initiates buy on Tesla (TSLA) as robotaxi operations expand across multiple markets
• Neutral Sentiment: Strong China retail data (big year-over-year gains reported earlier) underpins demand expectations abroad but contrasts with soft U.S. sales — signals remain mixed by region. Tesla (TSLA) Growth in China Signals Strong Global Demand, EV Sales Surge 91%
• Neutral Sentiment: Tesla continues to tease product rollouts (Roadster unveiling pushed later in April) and big-capex plans for chips — these keep sentiment positive on potential upside but increase execution and cash-intensity risk. Elon Musk pours cold water on April 1 Tesla Roadster unveiling — but says it’ll ‘probably’ happen later that month
• Negative Sentiment: Competitive pressure on autonomy intensified after Nvidia’s DRIVE partnerships with major OEMs and Uber — that dynamic threatens Tesla’s robotaxi moat and could cap valuation if Tesla can’t monetize autonomy faster. Tesla (TSLA) Stock Slides as Nvidia DRIVE Secures Major Partnerships with Uber, BYD and Hyundai
• Negative Sentiment: Demand and execution concerns remain: commentary about weak U.S. deliveries and prediction-market indicators suggesting Q1 delivery risk could add downward pressure if numbers disappoint. Tesla Stock’s Bear Market Just Got A Dangerous New Twist: Q1 Deliveries Could Deepen The Damage
• Negative Sentiment: Legal and governance distractions tied to Elon Musk (recent court developments around his Twitter/X litigation and SEC-related settlement talk reports) create headline risk that can amplify volatility in TSLA. Elon Musk’s lawyers sidestepped SEC team in Twitter case settlement talks

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.