MidFirst Bank Acquires Shares of 8,224 Tesla, Inc. $TSLA

MidFirst Bank purchased a new position in Tesla, Inc. (NASDAQ:TSLA) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 8,224 shares of the electric vehicle producer’s stock, valued at approximately $3,698,000.

Other hedge funds have also bought and sold shares of the company. TRU Independence Asset Management 2 LLC purchased a new position in shares of Tesla during the fourth quarter valued at approximately $201,000. DGS Capital Management LLC grew its stake in shares of Tesla by 8.9% in the 4th quarter. DGS Capital Management LLC now owns 7,242 shares of the electric vehicle producer’s stock worth $3,257,000 after buying an additional 592 shares during the last quarter. Ketron Financial purchased a new stake in shares of Tesla in the 4th quarter worth approximately $3,360,000. Astoria Portfolio Advisors LLC. increased its holdings in shares of Tesla by 1.4% during the fourth quarter. Astoria Portfolio Advisors LLC. now owns 2,504 shares of the electric vehicle producer’s stock valued at $1,126,000 after acquiring an additional 34 shares in the last quarter. Finally, SG Trading Solutions LLC bought a new stake in Tesla during the 4th quarter valued at about $5,860,000. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Performance

Shares of TSLA stock opened at $400.49 on Friday. The stock has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 367.42, a price-to-earnings-growth ratio of 16.01 and a beta of 1.80. Tesla, Inc. has a 12-month low of $288.77 and a 12-month high of $498.83. The stock’s 50-day moving average price is $403.33 and its 200-day moving average price is $415.26. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the business posted $0.27 earnings per share. Equities research analysts predict that Tesla, Inc. will post 1.19 EPS for the current fiscal year.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 firm’s stock in a transaction dated 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 sale, the director directly 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. 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. In the last three months, insiders sold 57,824 shares of company stock worth $21,657,588. Insiders own 19.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on TSLA. Citigroup reissued a “neutral” rating on shares of Tesla in a report on Tuesday. HSBC reaffirmed a “hold” rating on shares of Tesla in a report on Monday. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research note on Wednesday, June 10th. Bank of America began coverage on shares of Tesla in a research report on Wednesday, March 4th. They set a “buy” rating and a $460.00 price objective for the company. Finally, Glj Research reaffirmed a “sell” rating on shares of Tesla in a research note on Friday, June 12th. Twenty-one equities research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $404.37.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk exercised stock options that lifted his Tesla ownership to 19.9%, reinforcing alignment with shareholders and signaling confidence in the company’s long-term strategy.
• Positive Sentiment: ARK Invest, led by Cathie Wood, bought more Tesla shares, adding to a broader bullish narrative around TSLA as an AI and autonomous-driving leader. Article Title
• Positive Sentiment: Analysts and commentary continue to frame Tesla as more than an EV maker, highlighting its AI, robotaxi, and robotics ambitions, which supports the stock’s premium valuation.
• Neutral Sentiment: Tesla received approval for supervised FSD in Denmark, a modest positive for its European rollout, but the approval is still limited and does not remove broader regulatory hurdles.
• Negative Sentiment: Reuters reported that Sweden may push back against Tesla’s supervised self-driving rollout in Europe unless speed-limit behavior is changed, creating a potential roadblock for FSD expansion. Article Title
• Negative Sentiment: Additional reports flagged “fresh FSD roadblock” concerns in Europe, keeping investor focus on regulatory risk rather than near-term software monetization.

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.