Independent Financial Group LLC Purchases 25,548 Shares of Tesla, Inc. $TSLA

Independent Financial Group LLC grew its position in Tesla, Inc. (NASDAQ:TSLAFree Report) by 39.0% in the second quarter, HoldingsChannel.com reports. The fund owned 91,049 shares of the electric vehicle producer’s stock after buying an additional 25,548 shares during the period. Independent Financial Group LLC’s holdings in Tesla were worth $38,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC increased its position in Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer’s stock worth $35,509,000 after buying an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Tesla by 21.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer’s stock valued at $2,147,000 after buying an additional 931 shares during the period. Bison Wealth LLC lifted its position in shares of Tesla by 52.2% in the fourth quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer’s stock valued at $4,187,000 after buying an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Tesla by 9.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer’s stock worth $3,855,000 after acquiring an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC increased its holdings in shares of Tesla by 21.2% during the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer’s stock worth $1,544,000 after acquiring an additional 851 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

More Tesla News

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla reportedly plans to unveil its redesigned next-generation Roadster as early as August, potentially including a brief “flying” demonstration. The long-delayed launch is reviving enthusiasm around Tesla’s product pipeline and helped drive the latest move higher. Tesla to unveil redesigned Roadster
  • Positive Sentiment: Tesla’s nearly three-year Swedish labor dispute is ending after the company bought out striking mechanics, removing a persistent operational and reputational overhang, although there was no union agreement. Tesla ends Swedish strike
  • Positive Sentiment: TD Cowen reiterated its Buy rating and maintained a $460 price target. Analysts and commentators also point to Tesla’s premium positioning in China, record Shanghai exports and potential growth in robotaxis, Optimus and energy storage. TD Cowen reiterates Buy rating
  • Positive Sentiment: Tesla is considering a $10.1 billion Texas solar manufacturing facility and broader domestic solar capacity, potentially strengthening its energy-business strategy and exposure to rising electricity demand. Tesla reveals Texas solar plans
  • Neutral Sentiment: Average U.S. EV transaction prices rose 1.6% year over year to $56,126 in July as automakers reduced discounts. Higher pricing could support Tesla’s revenue, but weaker incentives may also pressure industry demand. EV prices are rising again
  • Negative Sentiment: Critics continue to argue that Tesla’s valuation—roughly 317 times earnings—assumes strong execution despite margin compression, delayed products and competition from China and Waymo. Recent commentary also highlights the risk that energy investments may require substantial capital before producing returns.
  • Negative Sentiment: Reports highlighting Elon Musk’s estimated $158.3 billion compensation package, equivalent to about 2.5 million times median employee pay, could intensify shareholder concerns about governance and pay practices. Tesla owners also face a deadline to claim payments from a California idle-fees settlement, creating a limited legal and reputational overhang. Elon Musk compensation report

Analyst Upgrades and Downgrades

Several brokerages have issued reports on TSLA. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tesla in a report on Tuesday, July 21st. JPMorgan Chase & Co. dropped their price objective on shares of Tesla from $475.00 to $445.00 and set a “neutral” rating on the stock in a research report on Thursday, July 23rd. Barclays raised their target price on shares of Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $500.00 target price on shares of Tesla in a report on Tuesday, July 28th. Finally, Jefferies Financial Group set a $400.00 price target on shares of Tesla and gave the company a “hold” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nineteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Tesla currently has a consensus rating of “Hold” and an average target price of $401.74.

Check Out Our Latest Research Report on Tesla

Tesla Price Performance

Shares of NASDAQ TSLA opened at $342.27 on Friday. The business has a fifty day moving average price of $370.77 and a two-hundred day moving average price of $390.17. The stock has a market capitalization of $1.35 trillion, a PE ratio of 316.92, a P/E/G ratio of 17.28 and a beta of 1.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLAGet Free Report) last issued 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 company had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 EPS. As a group, equities analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 22,039 shares of the company’s stock, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by corporate insiders.

About Tesla

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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