SG Trading Solutions LLC Purchases New Position in Tesla, Inc. $TSLA

SG Trading Solutions LLC acquired a new position in Tesla, Inc. (NASDAQ:TSLA) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 13,031 shares of the electric vehicle producer’s stock, valued at approximately $5,860,000. Tesla comprises about 1.4% of SG Trading Solutions LLC’s investment portfolio, making the stock its 14th largest holding.

Several other institutional investors have also added to or reduced their stakes in the business. Brighton Jones LLC increased its holdings in Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after acquiring an additional 931 shares during the period. Bison Wealth LLC lifted its stake in Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after acquiring an additional 3,558 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Tesla by 9.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock valued at $3,855,000 after acquiring an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC boosted its holdings in shares of Tesla by 21.2% during the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock valued at $1,544,000 after acquiring an additional 851 shares during the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla News Summary

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.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TSLA. Barclays reissued a “neutral” rating on shares of Tesla in a report on Wednesday, May 13th. Sanford C. Bernstein raised shares of Tesla from an “underperform” rating to an “outperform” rating in a research report on Friday, June 5th. Deutsche Bank Aktiengesellschaft started coverage on shares of Tesla in a research note on Friday, June 5th. They set a “buy” rating for the company. BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a report on Friday, June 5th. Finally, Cantor Fitzgerald restated an “overweight” rating on shares of Tesla in a research note on Monday, June 1st. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, Tesla presently has an average rating of “Hold” and an average price target of $404.37.

Tesla Stock Performance

TSLA opened at $400.49 on Friday. The company’s 50 day moving average is $403.33 and its 200 day moving average 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. The company has a market cap of $1.50 trillion, a price-to-earnings ratio of 367.42, a PEG 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.

Tesla (NASDAQ:TSLA) last announced its earnings results 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 net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the prior year, the company earned $0.27 earnings per share. The firm’s revenue was up 15.8% on a year-over-year basis. On average, equities research analysts predict that Tesla, Inc. will post 1.19 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Monday, June 8th. The stock was 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 directly owned 22,039 shares in the company, valued at $8,864,085.80. This represents a 10.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 57,824 shares of company stock valued at $21,657,588. Insiders own 19.90% of the company’s stock.

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.