132,145 Shares in Tesla, Inc. $TSLA Acquired by Life Cycle Investment Partners Ltd

Life Cycle Investment Partners Ltd bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 132,145 shares of the electric vehicle producer’s stock, valued at approximately $59,428,000.

Other institutional investors have also made changes to their positions in the company. Networth Advisors LLC bought a new stake in Tesla in the 4th quarter valued at $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 valued at $27,000 after purchasing an additional 27 shares during the period. Turning Point Benefit Group Inc. bought a new stake in Tesla in the 3rd quarter valued at $30,000. Prism Advisors Inc. bought a new stake in Tesla in the 4th quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in Tesla in the 3rd quarter valued at $31,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction on 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. The trade was a 35.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 83,213 shares of company stock valued at $32,201,105 in the last three months. 19.90% of the stock is owned by insiders.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Full Self-Driving rollout in China and subscription-based FSD availability in Europe bolster the case that autonomy could become a bigger growth driver. Article Title
• Positive Sentiment: Some analysts and commentators continue to frame Tesla as a robotics and AI company, with bullish chatter around Optimus and the company’s long-term pivot away from being just an automaker. Article Title
• Neutral Sentiment: SpaceX’s IPO has dominated investor attention, and while it highlights Musk’s ecosystem, the market is debating whether it will ultimately help Tesla or distract capital and attention away from TSLA. Article Title
• Negative Sentiment: Reuters reported Tesla is recalling 14,575 Model Y SUVs in the U.S. over a missing weight certification label, adding another quality-control issue to the stock’s recent concerns. Article Title
• Negative Sentiment: Several articles warn that Tesla’s valuation remains stretched and that FSD still faces execution questions, with critics saying the technology is not yet ready to justify the stock’s premium. Article Title

Tesla Price Performance

Tesla stock opened at $426.01 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The stock has a market capitalization of $1.60 trillion, a P/E ratio of 390.83, a price-to-earnings-growth ratio of 16.82 and a beta of 1.79. The stock has a fifty day moving average of $387.76 and a 200-day moving average of $416.91.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the previous year, the firm earned $0.27 EPS. Tesla’s revenue was up 15.8% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TSLA has been the subject of several recent research reports. China Renaissance reduced their price target on Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research note on Monday, April 27th. Stifel Nicolaus set a $508.00 price target on Tesla in a research note on Thursday, January 29th. Bank of America assumed coverage on Tesla in a research note on Wednesday, March 4th. They issued a “buy” rating and a $460.00 price target for the company. Roth Mkm reiterated a “buy” rating on shares of Tesla in a research report on Thursday, April 23rd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Nineteen analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently 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.