Tesla, Inc. $TSLA Stock Purchased by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC grew its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 9.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,616 shares of the electric vehicle producer’s stock after buying an additional 1,469 shares during the quarter. Tesla accounts for 1.4% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 22nd largest position. Flagship Wealth Advisors LLC’s holdings in Tesla were worth $6,250,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Security National Bank of Sioux City Iowa IA acquired a new stake in Tesla in the 2nd quarter valued at $25,000. Harborfront Financial Group LLC acquired a new position in shares of Tesla during the second quarter worth about $34,000. Montgomery Financial Services LLC acquired a new position in shares of Tesla during the second quarter worth about $40,000. Timbuktu Capital Management LLC purchased a new stake in shares of Tesla in the second quarter worth about $42,000. Finally, Navigoe LLC purchased a new stake in shares of Tesla in the second quarter worth about $45,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Canaccord Genuity Group set a $442.00 target price on Tesla and gave the company a “buy” rating in a report on Thursday, October 22nd. Monness Crespi & Hardt started coverage on Tesla in a report on Monday, October 26th. They issued a “buy” rating for the company. Yorkville Ives initiated coverage on shares of Tesla in a research report on Wednesday, October 7th. They issued an “outperform” rating and a $500.00 price objective for the company. Wells Fargo & Company reissued a “buy” rating on shares of Tesla in a research report on Thursday, October 1st. Finally, JPMorgan Chase & Co. raised their price target on shares of Tesla from $415.00 to $430.00 and gave the company a “neutral” rating in a report on Thursday, October 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $414.51.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Tesla Stock Up 4.2%

TSLA stock traded up $14.53 during midday trading on Friday, hitting $358.22. 36,597,110 shares of the company’s stock were exchanged, compared to its average volume of 36,353,072. The firm has a 50 day moving average price of $372.14 and a 200-day moving average price of $384.35. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The stock has a market capitalization of $1.42 trillion, a price-to-earnings ratio of 393.65, a price-to-earnings-growth ratio of 25.01 and a beta of 1.74. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company had revenue of $28.05 billion during the quarter, compared to analysts’ expectations of $28.06 billion. During the same period in the prior year, the business posted $0.50 EPS. The business’s revenue was down .2% on a year-over-year basis. On average, analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by corporate insiders.

About Tesla

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.