Revolve Wealth Partners LLC Has $6.93 Million Stock Position in Tesla, Inc. $TSLA

Revolve Wealth Partners LLC trimmed its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 10.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,578 shares of the electric vehicle producer’s stock after selling 1,829 shares during the period. Tesla accounts for approximately 0.8% of Revolve Wealth Partners LLC’s investment portfolio, making the stock its 26th biggest position. Revolve Wealth Partners LLC’s holdings in Tesla were worth $6,928,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Siren L.L.C. bought a new position in shares of Tesla in the first quarter valued at about $2,332,000. Norges Bank bought a new position in Tesla in the 2nd quarter valued at about $11,839,824,000. Police & Firemen s Retirement System of New Jersey lifted its position in Tesla by 5.6% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock worth $135,688,000 after acquiring an additional 22,607 shares during the last quarter. Strs Ohio bought a new stake in shares of Tesla during the first quarter worth approximately $205,495,000. Finally, AustralianSuper Pty Ltd grew its position in shares of Tesla by 1,823.0% in the second quarter. AustralianSuper Pty Ltd now owns 68,325 shares of the electric vehicle producer’s stock valued at $21,704,000 after purchasing an additional 64,772 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Melius started coverage on Tesla in a report on Monday, October 13th. They issued a “buy” rating and a $520.00 price objective on the stock. JPMorgan Chase & Co. upped their price target on shares of Tesla from $115.00 to $150.00 in a research note on Friday, October 3rd. Wall Street Zen upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. TD Cowen increased their target price on shares of Tesla from $374.00 to $509.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Finally, Stifel Nicolaus lifted their price target on shares of Tesla from $483.00 to $508.00 and gave the company a “buy” rating in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $414.50.

Insider Buying and Selling

In other Tesla news, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 19.90% of the stock is currently owned by corporate insiders.

Tesla Stock Down 0.2%

Shares of NASDAQ TSLA opened at $484.35 on Thursday. The company has a 50 day simple moving average of $443.14 and a 200 day simple moving average of $384.62. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.07 and a quick ratio of 1.67. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The firm has a market cap of $1.61 trillion, a PE ratio of 322.90, a price-to-earnings-growth ratio of 12.27 and a beta of 1.87.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion during the quarter, compared to analysts’ expectations of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.72 earnings per share. On average, research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts are raising price targets and reiterating buys (Canaccord bumped its target to $551; Wedbush, Deutsche and others remain bullish), which helps near?term sentiment and supports higher valuation expectations. Read More.
• Positive Sentiment: Autonomy/FSD momentum: industry praise for FSD v14 and continued robotaxi hype (including bullish commentary from analysts) keep the long?term narrative intact and attract AI/robotics?focused investors. Read More.
• Positive Sentiment: Flow?based trading signals and heavy options activity have produced intraday momentum spikes (Power Inflow alerts, options “frenzy”), drawing short?term buyers and traders. Read More. • Read More.
• Neutral Sentiment: Some firms flag higher volatility even as they lift targets—Truist raised its target but warned autonomy will drive swings; expect choppy trading around newsflow. Read More.
• Negative Sentiment: U.S. regulators opened a defect petition on ~179,000 Model 3s over hidden/unlabeled mechanical emergency door releases—this is the biggest immediate regulatory risk and is pressuring sentiment. Read More.
• Negative Sentiment: Sales pressure in Europe and rising competition from BYD (strong European growth) raise near?term demand concerns and margin risk for Tesla’s automotive business. Read More.
• Negative Sentiment: Large activist/conviction investors and ARK have trimmed positions (Cathie Wood sells) and some analysts reiterate steep downside scenarios, which can amplify downside on delivery or regulatory misses. Read More. • Read More.

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.