PNC Financial Services Group Inc. Increases Holdings in Tesla, Inc. $TSLA

PNC Financial Services Group Inc. lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 7.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 627,852 shares of the electric vehicle producer’s stock after acquiring an additional 43,911 shares during the period. PNC Financial Services Group Inc.’s holdings in Tesla were worth $279,218,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TSLA. Chapman Financial Group LLC purchased a new position in shares of Tesla in the 2nd quarter valued at $26,000. LGT Financial Advisors LLC acquired a new position in Tesla in the second quarter valued at $29,000. Manning & Napier Advisors LLC purchased a new position in shares of Tesla during the third quarter worth about $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla in the 2nd quarter valued at about $30,000. Finally, ESL Trust Services LLC lifted its holdings in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Tesla

In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director 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 disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,457 shares of company stock valued at $53,501,145 in the last ninety days. 19.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have commented on TSLA. Roth Mkm set a $505.00 price target on Tesla and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Thursday, January 29th. Cantor Fitzgerald reiterated an “overweight” rating and set a $510.00 price target on shares of Tesla in a research note on Thursday, January 29th. President Capital dropped their price objective on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Finally, Dbs Bank raised shares of Tesla to a “hold” rating in a report on Wednesday, November 5th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $408.09.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Technical/analyst support — Tesla has bounced off key support around the low-$390s and momentum indicators are turning bullish; several firms have reiterated buy ratings with price targets north of $500, which is supporting the rally. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile
• Positive Sentiment: Fresh buy-side support — New coverage/price-targets (Tigress Financial set a $550 target) give upside narrative that can attract momentum-focused flows. Tigress $550 Price Target Coverage
• Positive Sentiment: Regulatory relief in China — reports that a Chinese watchdog is moving to curb destructive price competition have been cited as a near-term tailwind for Tesla’s pricing and margins in China. Tesla Stock Rises as Chinese Watchdog Moves to Tame Cutthroat Price War
• Neutral Sentiment: Market context — some commentary explains why TSLA can rise even while Big Tech sells off (rotation and idiosyncratic drivers), which helps explain today’s divergence. Why Tesla stock is climbing even as Big Tech sells off
• Neutral Sentiment: Robotics competition note — a congresswoman disclosed a stake in Apptronik (a Tesla humanoid/robotics rival); this highlights competition in Tesla’s broader robotics/“physical AI” story but is not an immediate earnings driver. Congresswoman With Stake In Musk’s xAI Adds Position In Tesla’s Robot Rival Apptronik
• Negative Sentiment: U.S. and China deliveries under pressure — U.S. registrations are estimated down ~17% in January, and separate reports show China deliveries plunged (one report cites a ~45% drop), weighing on near-term revenue growth. Tesla’s January Sales Drop 17%, But Its Market Share May Have Risen
• Negative Sentiment: Competitive pressure in China — Xiaomi’s new YU7 outsold the Model Y in January, a sign of intensifying local competition that could pressure Tesla’s share and pricing in its biggest market. Tesla Rival Xiaomi’s YU7 SUV Overtakes Model Y China Sales In January
• Negative Sentiment: Institutional trimming and investor fatigue — ARK and Primecap reported notable Tesla share reductions, and analysts/commentary note some long-term holders and experienced employees are stepping away, reinforcing valuation and execution concerns. ARK Investment Management Cuts Tesla Stake

Tesla Stock Performance

NASDAQ TSLA opened at $417.44 on Friday. The stock has a market capitalization of $1.57 trillion, a price-to-earnings ratio of 386.52, a PEG ratio of 14.13 and a beta of 1.86. The business’s 50 day moving average is $444.24 and its two-hundred day moving average is $414.68. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 earnings per share. Research analysts expect that Tesla, Inc. will post 2.56 EPS for the current year.

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.