Cache Advisors LLC raised its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 10.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,106 shares of the electric vehicle producer’s stock after buying an additional 4,085 shares during the period. Tesla comprises about 1.5% of Cache Advisors LLC’s holdings, making the stock its 11th largest position. Cache Advisors LLC’s holdings in Tesla were worth $17,908,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the stock. Crestwood Advisors Group LLC boosted its stake in Tesla by 34.7% during the fourth quarter. Crestwood Advisors Group LLC now owns 19,567 shares of the electric vehicle producer’s stock valued at $8,799,000 after buying an additional 5,039 shares in the last quarter. Calamos Wealth Management LLC boosted its position in shares of Tesla by 5.9% during the 4th quarter. Calamos Wealth Management LLC now owns 41,907 shares of the electric vehicle producer’s stock valued at $18,846,000 after purchasing an additional 2,341 shares in the last quarter. Private Capital Advisors Inc. grew its stake in shares of Tesla by 139.3% in the 4th quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer’s stock worth $9,593,000 after purchasing an additional 12,417 shares during the last quarter. Wealthquest Corp acquired a new stake in Tesla during the fourth quarter valued at approximately $1,035,000. Finally, Knights of Columbus Asset Advisors LLC increased its holdings in shares of Tesla by 34.8% in the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer’s stock valued at $28,998,000 after buying an additional 16,652 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on TSLA shares. William Blair reaffirmed a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. Guggenheim assumed coverage on shares of Tesla in a research note on Monday, June 29th. They issued a “neutral” rating for the company. Wells Fargo & Company reissued an “underweight” rating and issued a $130.00 target price (up from $125.00) on shares of Tesla in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft set a $420.00 price target on Tesla in a research note on Monday, July 27th. Finally, Robert W. Baird set a $475.00 target price on shares of Tesla in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $401.74.
Tesla Stock Up 0.7%
NASDAQ:TSLA opened at $342.27 on Friday. The company has a market cap of $1.35 trillion, a price-to-earnings ratio of 316.92, a P/E/G ratio of 17.16 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The stock’s fifty day moving average price is $370.77 and its two-hundred day moving average price is $390.17.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm’s revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.33 EPS. On average, analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.
Key Headlines Impacting Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla reportedly plans to unveil its redesigned next-generation Roadster as early as August, potentially including a brief “flying” demonstration. The long-delayed launch is reviving enthusiasm around Tesla’s product pipeline and helped drive the latest move higher. Tesla to unveil redesigned Roadster
- Positive Sentiment: Tesla’s nearly three-year Swedish labor dispute is ending after the company bought out striking mechanics, removing a persistent operational and reputational overhang, although there was no union agreement. Tesla ends Swedish strike
- Positive Sentiment: TD Cowen reiterated its Buy rating and maintained a $460 price target. Analysts and commentators also point to Tesla’s premium positioning in China, record Shanghai exports and potential growth in robotaxis, Optimus and energy storage. TD Cowen reiterates Buy rating
- Positive Sentiment: Tesla is considering a $10.1 billion Texas solar manufacturing facility and broader domestic solar capacity, potentially strengthening its energy-business strategy and exposure to rising electricity demand. Tesla reveals Texas solar plans
- Neutral Sentiment: Average U.S. EV transaction prices rose 1.6% year over year to $56,126 in July as automakers reduced discounts. Higher pricing could support Tesla’s revenue, but weaker incentives may also pressure industry demand. EV prices are rising again
- Negative Sentiment: Critics continue to argue that Tesla’s valuation—roughly 317 times earnings—assumes strong execution despite margin compression, delayed products and competition from China and Waymo. Recent commentary also highlights the risk that energy investments may require substantial capital before producing returns.
- Negative Sentiment: Reports highlighting Elon Musk’s estimated $158.3 billion compensation package, equivalent to about 2.5 million times median employee pay, could intensify shareholder concerns about governance and pay practices. Tesla owners also face a deadline to claim payments from a California idle-fees settlement, creating a limited legal and reputational overhang. Elon Musk compensation report
Insiders Place Their Bets
In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This represents a 10.57% 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. 19.90% of the stock is currently owned by company insiders.
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.
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