Stone Wealth Partners acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 1,889 shares of the electric vehicle producer’s stock, valued at approximately $850,000.
A number of other large investors also recently added to or reduced their stakes in TSLA. Norges Bank purchased a new stake in Tesla during the fourth quarter valued at about $17,128,100,000. Corient Private Wealth LLC increased its holdings in shares of Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after buying an additional 20,810,386 shares during the period. Bank of America Corp DE lifted its stake in shares of Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after acquiring an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. lifted its stake in shares of Tesla by 882.8% in the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock valued at $3,688,630,000 after acquiring an additional 7,367,507 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after acquiring an additional 6,538,720 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Tesla Stock Performance
NASDAQ:TSLA opened at $400.49 on Friday. The stock 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. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average price is $403.33 and its 200-day moving average price is $415.26. Tesla, Inc. has a 52 week low of $288.77 and a 52 week high of $498.83.
Key Headlines Impacting Tesla
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.
Insider Buying and Selling at Tesla
In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, 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 3,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% 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. Insiders sold 57,824 shares of company stock valued at $21,657,588 in the last 90 days. Company insiders own 19.90% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have commented on TSLA. UBS Group lifted their price target on Tesla from $352.00 to $364.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 13th. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Zacks Research upgraded shares of Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Phillip Securities lowered their target price on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a report on Wednesday, May 13th. Finally, Wedbush reissued an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Tuesday, April 21st. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $404.37.
View Our Latest Stock Report on TSLA
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.
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