Westfield Capital Management Co. LP Grows Holdings in Tesla, Inc. $TSLA

Westfield Capital Management Co. LP lifted its holdings in Tesla, Inc. (NASDAQ:TSLA) by 14.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 461,675 shares of the electric vehicle producer’s stock after acquiring an additional 57,455 shares during the quarter. Tesla makes up approximately 0.9% of Westfield Capital Management Co. LP’s investment portfolio, making the stock its 21st biggest position. Westfield Capital Management Co. LP’s holdings in Tesla were worth $207,624,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Networth Advisors LLC bought a new position in Tesla in the 4th quarter worth about $26,000. Chapman Financial Group LLC bought a new position 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 purchasing an additional 27 shares in the last quarter. Prism Advisors Inc. bought a new position in Tesla in the 4th quarter worth about $30,000. Finally, Turning Point Benefit Group Inc. bought a new position in Tesla in the 3rd quarter worth about $30,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $8,147,700. This represents a 14.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’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 sale, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. The trade was a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 55,218 shares of company stock valued at $20,609,455 in the last ninety days. Insiders own 19.90% of the company’s stock.

Wall Street Analysts Forecast Growth

TSLA has been the topic of a number of analyst reports. Benchmark reiterated a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. 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 research note on Friday, April 24th. Finally, HSBC began coverage on shares of Tesla in a research note on Monday, April 27th. They issued a “buy” rating on the stock. Nineteen equities research 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 data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $395.20.

Tesla Price Performance

NASDAQ TSLA opened at $418.45 on Friday. Tesla, Inc. has a 52 week low of $273.21 and a 52 week high of $498.83. The firm has a market capitalization of $1.57 trillion, a P/E ratio of 383.90, a PEG ratio of 16.73 and a beta of 1.80. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a 50-day moving average price of $395.23 and a 200-day moving average price of $416.24.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the prior year, the firm earned $0.27 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Equities research analysts anticipate that Tesla, Inc. will post 1.2 earnings per share for the current year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: J.P. Morgan upgraded Tesla to neutral from underweight, saying the market is increasingly valuing TSLA for autonomous driving, robotics, and “physical AI” opportunities rather than near-term earnings. The bank also suggested Tesla’s push into new addressable markets could be underappreciated. Article Title
• Positive Sentiment: Tesla continues to make progress in autonomy, including expanding its unsupervised Robotaxi service in Austin, which supports the bull case that software and ride-hailing could become important future growth drivers. Article Title
• Positive Sentiment: Recent data showed Tesla’s China-made EV sales surged in May, signaling an early recovery in one of the company’s most important markets and helping ease demand concerns. Article Title
• Neutral Sentiment: SpaceX’s blockbuster IPO and speculation about Elon Musk’s broader empire are keeping investor attention on Musk-related AI and robotics assets, but those headlines are indirect for TSLA and may also create valuation comparison noise. Article Title
• Neutral Sentiment: Bitcoin’s selloff reportedly erased more than $220 million in value from Tesla’s crypto treasury, a headline that matters financially but is not likely the main driver of TSLA’s move today. Article Title
• Negative Sentiment: Several articles continued to argue that Tesla’s valuation remains stretched, with investors questioning whether AI, robotics, and robotaxi optimism can justify the stock’s high multiple without stronger earnings execution. Article Title
• Negative Sentiment: Additional pressure came from headlines about competition in EVs and autonomy, including BYD’s charging-network push and scrutiny around Tesla’s Full Self-Driving claims in China. Article Title

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.