Modera Wealth Management LLC Lowers Stock Position in Tesla, Inc. $TSLA

Modera Wealth Management LLC trimmed its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 12.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,312 shares of the electric vehicle producer’s stock after selling 1,697 shares during the period. Modera Wealth Management LLC’s holdings in Tesla were worth $4,577,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Networth Advisors LLC purchased a new position in shares of Tesla in the 4th quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in Tesla during the second quarter worth about $26,000. Davidson Capital Management Inc. increased its holdings in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 27 shares in the last quarter. Friedenthal Financial grew its holdings in shares of Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after acquiring an additional 30 shares during the period. Finally, Prism Advisors Inc. purchased a new position in Tesla in the 4th quarter valued at approximately $30,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Trading Down 2.6%

Shares of Tesla stock opened at $380.79 on Friday. Tesla, Inc. has a fifty-two week low of $297.82 and a fifty-two week high of $498.83. The firm has a market cap of $1.43 trillion, a PE ratio of 349.35, a P/E/G ratio of 13.68 and a beta of 1.80. The business’s fifty day moving average is $409.41 and its two-hundred day moving average is $406.00. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating 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 business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the previous year, the business earned $0.27 earnings per share. The business’s revenue for the quarter was up 15.8% on a year-over-year basis. Analysts anticipate that Tesla, Inc. will post 1.34 earnings per share for the current year.

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director directly owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 that occurred on 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 approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 32,015 shares of company stock worth $12,383,640. Insiders own 19.90% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Analysts Set New Price Targets

TSLA has been the topic of a number of research analyst reports. Sanford C. Bernstein upgraded Tesla from an “underperform” rating to an “outperform” rating in a research report on Friday, June 5th. Barclays raised their target price on shares of Tesla from $360.00 to $370.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Wells Fargo & Company restated an “underweight” rating and set a $130.00 target price (up from $125.00) on shares of Tesla in a research report on Tuesday. BNP Paribas Exane lowered Tesla from a “hold” rating to an “underperform” rating in a research note on Friday, June 5th. Finally, Guggenheim started coverage on Tesla in a research report on Monday, June 29th. They set a “neutral” rating for the company. Twenty-one analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $408.07.

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.