Family Office Research LLC Buys 1,210 Shares of Tesla, Inc. $TSLA

Family Office Research LLC lifted its stake in Tesla, Inc. (NASDAQ:TSLA) by 26.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,749 shares of the electric vehicle producer’s stock after buying an additional 1,210 shares during the period. Tesla makes up approximately 1.1% of Family Office Research LLC’s investment portfolio, making the stock its 18th biggest position. Family Office Research LLC’s holdings in Tesla were worth $2,643,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Bellwether Advisors LLC boosted its stake in shares of Tesla by 815.6% in the fourth quarter. Bellwether Advisors LLC now owns 6,208 shares of the electric vehicle producer’s stock valued at $2,792,000 after buying an additional 5,530 shares during the period. Collaborative Wealth Managment Inc. boosted its stake in shares of Tesla by 24.9% in the fourth quarter. Collaborative Wealth Managment Inc. now owns 3,560 shares of the electric vehicle producer’s stock valued at $1,601,000 after buying an additional 709 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in Tesla by 16.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 4,228 shares of the electric vehicle producer’s stock worth $1,901,000 after purchasing an additional 597 shares during the period. Smithfield Trust Co lifted its position in Tesla by 3.5% during the fourth quarter. Smithfield Trust Co now owns 2,718 shares of the electric vehicle producer’s stock worth $1,222,000 after purchasing an additional 92 shares during the period. Finally, Bleakley Financial Group LLC lifted its position in Tesla by 7.8% during the fourth quarter. Bleakley Financial Group LLC now owns 102,669 shares of the electric vehicle producer’s stock worth $46,172,000 after purchasing an additional 7,440 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Merger chatter between Tesla and SpaceX has intensified, reinforcing the market’s view that Tesla could benefit from any strategic tie-up or increased investor attention around Musk’s companies. SpaceX-Tesla merger chatter reignites as Musk pushes rocket company towards Nasdaq
• Positive Sentiment: Several market notes say TSLA is trading higher as investors stay focused on the potential value creation from SpaceX’s upcoming IPO and broader enthusiasm for Musk’s AI, autonomy, and robotics narrative. Tesla Stock Trades Higher as Investors Remain Focused on SpaceX
• Positive Sentiment: Technical coverage suggests Tesla is holding a “three-weeks-tight” setup and continuing to recover from earlier weakness, which can support momentum buying. Tesla Stock Is In A Three-Weeks Tight, Continues Its Recovery From A Deep Slump
• Neutral Sentiment: Coverage also highlighted Tesla’s autonomous-driving and robotaxi potential as a long-term value driver, but this is more of a valuation story than an immediate fundamental catalyst. Fully Self-Driving Technology Positions Tesla Stock for Another Wave of Value Creation
• Negative Sentiment: Some commentary warns that a SpaceX IPO could prompt investors to sell some Tesla shares to fund SpaceX purchases, creating temporary pressure on TSLA. The SpaceX IPO Could Be a Huge Event for Tesla Stock Investors
• Negative Sentiment: Bearish coverage noted that Tesla’s auditors have said the company’s growth narrative is “not probable,” which could temper enthusiasm if investors refocus on execution risk. Tesla’s Own Auditors Say The Growth Narrative Is Currently ‘Not Probable’

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. HSBC assumed coverage on shares of Tesla in a research report on Monday, April 27th. They set a “buy” rating for the company. Phillip Securities cut their price objective on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Tesla in a research report on Monday, April 27th. Roth Mkm restated a “buy” rating on shares of Tesla in a research note on Thursday, April 23rd. Finally, Canaccord Genuity Group upped their target price on Tesla from $420.00 to $450.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $395.20.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their position. 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. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s 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 completion of the transaction, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 57,482 shares of company stock valued at $21,508,331 over the last quarter. 19.90% of the stock is owned by corporate insiders.

Tesla Stock Up 1.8%

TSLA stock opened at $433.59 on Wednesday. The stock has a market capitalization of $1.63 trillion, a P/E ratio of 397.79, a price-to-earnings-growth ratio of 16.82 and a beta of 1.79. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $273.21 and a 12 month high of $498.83. The firm has a 50-day moving average price of $389.23 and a 200-day moving average price of $416.22.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the prior year, the company earned $0.27 EPS. Tesla’s revenue was up 15.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Tesla, Inc. will post 1.2 EPS for the current fiscal 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.