CX Institutional Increases Holdings in Tesla, Inc. $TSLA

CX Institutional increased its position in Tesla, Inc. (NASDAQ:TSLA) by 10.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,450 shares of the electric vehicle producer’s stock after buying an additional 7,521 shares during the quarter. Tesla accounts for 1.0% of CX Institutional’s portfolio, making the stock its 23rd largest position. CX Institutional’s holdings in Tesla were worth $33,417,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of TSLA. Networth Advisors LLC bought a new stake in shares of Tesla in the 4th quarter worth approximately $26,000. Davidson Capital Management Inc. raised 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 worth $27,000 after purchasing an additional 27 shares during the period. Turning Point Benefit Group Inc. purchased a new position in Tesla in the 3rd quarter worth $30,000. Prism Advisors Inc. bought a new stake in Tesla in the fourth quarter worth $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in Tesla during the third quarter valued at about $31,000. 66.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares in the company, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s robotaxi narrative provided the main bullish catalyst. Analysts and investors point to service expansion into additional Florida markets, improving Full Self-Driving monetization and the possibility that more realistic rollout expectations could support the stock over the medium term. Tesla’s Big Robotaxi Progress Is Hidden in Plain Sight
• Positive Sentiment: Second-quarter deliveries reportedly reached 480,126 vehicles, up 25% year over year, while Tesla said it exited the quarter with its largest order backlog since 2023. Those figures helped reinforce the view that demand may be stabilizing. Tesla Delivered 480,126 Vehicles in Q2
• Positive Sentiment: Some analysts remain constructive on Tesla’s long-term prospects. Stifel maintained a Buy rating despite reducing its price target, while several recent targets remain substantially above the current trading level, supporting dip-buying interest after July’s selloff. Stifel Flags Risks to Tesla’s Bull Case
• Neutral Sentiment: Tesla denied reports that it may sell, spin off or close its China operations. The denial removes an immediate source of uncertainty, although China regulatory, supply-chain and competitive issues remain relevant to investors. Tesla Could Be Giving Up More Than a Business
• Negative Sentiment: European demand remains a concern: Tesla vehicle registrations in Portugal fell nearly 70% year over year in July, adding to questions about whether the company’s sales recovery is broad-based. Tesla Vehicle Registrations in Portugal Fell Nearly 70%
• Negative Sentiment: The latest earnings report showed earnings per share below expectations, while analysts warn that Tesla’s premium valuation requires financial proof from FSD, robotaxis and robotics. Stifel specifically cited adoption and execution risks.
• Negative Sentiment: NHTSA is reviewing a suspension-related issue, and critics continue to question Full Self-Driving safety and reliability. In addition, reported insider activity showed numerous sales and no purchases in the past six months, a potential sentiment headwind. Tesla Stock Shrugs Off Safety Inquiry

Tesla Price Performance

Shares of TSLA stock opened at $322.08 on Tuesday. 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 fifty-two week low of $297.38 and a fifty-two week high of $498.83. The firm has a market cap of $1.27 trillion, a P/E ratio of 298.22, a P/E/G ratio of 15.44 and a beta of 1.83. The business’s 50 day moving average price is $387.85 and its 200-day moving average price is $396.66.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business’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, equities research analysts anticipate that Tesla, Inc. will post 0.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TSLA shares. Phillip Securities decreased their price objective on Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Wednesday, May 13th. Royal Bank Of Canada restated an “outperform” rating and set a $500.00 target price on shares of Tesla in a report on Tuesday, July 28th. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, July 23rd. Canaccord Genuity Group set a $410.00 price objective on Tesla and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. dropped their price objective on Tesla from $475.00 to $445.00 and set a “neutral” rating for the company in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $401.74.

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.