H&H International Investment LLC acquired a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,408,900 shares of the electric vehicle producer’s stock, valued at approximately $1,267,259,000. Tesla accounts for about 6.3% of H&H International Investment LLC’s investment portfolio, making the stock its 5th largest position.
Several other hedge funds also recently bought and sold shares of the company. PFS Partners LLC raised its holdings in Tesla by 4.2% during the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock valued at $265,000 after acquiring an additional 24 shares during the period. Woodmont Investment Counsel LLC grew its position in shares of Tesla by 1.2% during the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock worth $955,000 after purchasing an additional 25 shares in the last quarter. Aspect Partners LLC raised its stake in Tesla by 12.5% during the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer’s stock valued at $101,000 after purchasing an additional 25 shares during the period. Human Investing LLC lifted its holdings in Tesla by 4.5% in the 4th quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer’s stock worth $260,000 after purchasing an additional 25 shares in the last quarter. Finally, SilverOak Wealth Management LLC boosted its stake in Tesla by 2.3% in the 4th quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer’s stock worth $502,000 after purchasing an additional 25 shares during the period. Institutional investors own 66.20% of the company’s stock.
Tesla Trading Down 3.0%
TSLA opened at $298.32 on Thursday. The stock has a 50-day moving average of $394.41 and a 200 day moving average of $399.48. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The firm has a market cap of $1.18 trillion, a P/E ratio of 276.22, a P/E/G ratio of 15.71 and a beta of 1.80.
Insiders Place Their Bets
In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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. 19.90% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
TSLA has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a $420.00 target price on shares of Tesla in a research report on Monday. Guggenheim began coverage on shares of Tesla in a report on Monday, June 29th. They set a “neutral” rating for the company. Glj Research reaffirmed a “sell” rating on shares of Tesla in a report on Tuesday, July 21st. Evercore upgraded Tesla from a “hold” rating to an “outperform” rating in a research report on Friday, June 5th. Finally, President Capital raised their price target on Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $402.24.
Get Our Latest Report on Tesla
Key Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s long-term growth initiatives received support from Cathie Wood’s ARK Invest, which continued buying Tesla shares after the selloff. Some analysts also maintain bullish targets based on potential growth in Full Self-Driving, robotaxis and Optimus humanoid robots. Cathie Wood Doubles Down on Tesla Stock
- Positive Sentiment: The company signed long-term renewable-power purchase agreements in Arizona and Texas, while its Optimus division expanded teleoperation capabilities through an acquisition from Virtuix. These moves support Tesla’s energy and robotics strategies, although they are not yet major earnings contributors. Tesla Secures Long-Term Power Deals and Expands Optimus Teleoperation
- Positive Sentiment: Technical indicators show TSLA is at its most oversold level in more than a year, raising the possibility of a short-term rebound. Morningstar also described the post-earnings decline as an attractive buying opportunity. Tesla Stock Hasn’t Been This Oversold in More Than a Year
- Neutral Sentiment: Tesla won a bid to revive a UK lawsuit involving 5G patent licensing, but the legal development is unlikely to materially change near-term financial results. Tesla Wins Bid to Revive UK Lawsuit
- Negative Sentiment: Second-quarter EPS missed estimates by approximately 34%, despite a revenue beat. Operating income fell sharply, free cash flow turned negative and capital expenditures rose substantially, intensifying concerns about margins and cash generation.
- Negative Sentiment: The stock has fallen for five straight sessions and is trading below key moving averages, near its 52-week low. Although the shares are oversold, valuation remains elevated relative to current automotive earnings, leaving little room for execution disappointments. Tesla Stock Breaks $300
- Negative Sentiment: Investor confidence is also being pressured by delays and execution risks surrounding robotaxis and Optimus, increased competition from Ford and BYD, and the strong performance of bearish Tesla ETFs. Tesla Stock Suffered Its Worst Week Since 2022
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.
Read More
- Five stocks we like better than Tesla
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
