Kovack Advisors Inc. Has $29.94 Million Stake in Tesla, Inc. $TSLA

Kovack Advisors Inc. lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 166.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 66,569 shares of the electric vehicle producer’s stock after acquiring an additional 41,573 shares during the period. Tesla accounts for about 1.5% of Kovack Advisors Inc.’s portfolio, making the stock its 11th largest position. Kovack Advisors Inc.’s holdings in Tesla were worth $29,937,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Networth Advisors LLC acquired a new position in shares of Tesla during the fourth quarter valued at about $26,000. Chapman Financial Group LLC bought a new stake in Tesla in the 2nd quarter valued at about $26,000. Davidson Capital Management Inc. increased its position in Tesla by 79.4% in the 4th 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. Prism Advisors Inc. acquired a new position in Tesla during the 4th quarter worth approximately $30,000. Finally, Turning Point Benefit Group Inc. bought a new position in Tesla in the third quarter worth approximately $30,000. 66.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TSLA has been the subject of several recent research reports. DZ Bank upgraded Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective for the company in a report on Friday, April 24th. TD Cowen reissued a “buy” rating and issued a $490.00 price target on shares of Tesla in a research report on Thursday, June 4th. Phillip Securities decreased their price target on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research note on Wednesday, May 13th. Jefferies Financial Group reaffirmed a “neutral” rating on shares of Tesla in a research note on Wednesday, April 22nd. Finally, Tigress Financial began coverage on shares of Tesla in a report on Monday, April 27th. They set a “buy” rating for the company. Twenty-two research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, Tesla has an average rating of “Hold” and an average target price of $404.37.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla secured approval to expand Full Self-Driving in Belgium, adding momentum to its European autonomy rollout and supporting the long-term software revenue story.
• Positive Sentiment: Coverage of Tesla’s Austin robotaxi rollout and improving analyst views on autonomy are strengthening the bull case for future AI-driven growth.
• Positive Sentiment: SpaceX IPO excitement may be reducing some of the recent selling pressure on TSLA as investors reassess Musk-related capital rotation.
• Neutral Sentiment: Analyst commentary remains split on valuation, with bulls focused on autonomy and robotics while bears argue Tesla still looks expensive versus current earnings.
• Neutral Sentiment: Tesla CFO Vaibhav Taneja’s recent share sale was disclosed as tax withholding tied to equity awards, which is typically a routine insider transaction.
• Negative Sentiment: Some articles noted that TSLA remains volatile as traders weigh whether SpaceX hype is distracting from Tesla’s core EV business and execution.

Tesla Price Performance

TSLA opened at $399.15 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The company has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 366.19, a P/E/G ratio of 15.29 and a beta of 1.80. The firm’s fifty day moving average price is $397.84 and its two-hundred day moving average price is $416.08. Tesla, Inc. has a 1 year low of $288.77 and a 1 year 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 the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the prior year, the company posted $0.27 earnings per share. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. As a group, analysts anticipate that Tesla, Inc. will post 1.19 earnings per share for the current fiscal year.

Insider Activity

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 57,824 shares of company stock valued at $21,657,588. Company insiders own 19.90% of the company’s stock.

About Tesla

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.