4,955 Tesla, Inc. $TSLA Shares Bought by Ninety One UK Ltd

Ninety One UK Ltd boosted its stake in Tesla, Inc. (NASDAQ:TSLA) by 10.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 53,752 shares of the electric vehicle producer’s stock after buying an additional 4,955 shares during the period. Ninety One UK Ltd’s holdings in Tesla were worth $19,072,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Bamco Inc. NY grew its holdings in shares of Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after acquiring an additional 591,243 shares during the period. One Plus One Wealth Management LLC purchased a new stake in Tesla during the second quarter valued at $1,009,000. Bessemer Group Inc. increased its position in Tesla by 23.6% during the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after acquiring an additional 10,747 shares during the last quarter. H&H International Investment LLC bought a new position in Tesla in the first quarter valued at about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Tesla by 12.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock valued at $15,470,000 after acquiring an additional 4,806 shares during the period. 66.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 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 insiders.

Tesla Trading Down 1.3%

NASDAQ:TSLA opened at $362.44 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The firm has a market capitalization of $1.43 trillion, a price-to-earnings ratio of 335.60, a price-to-earnings-growth ratio of 23.84 and a beta of 1.92. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The business has a fifty day moving average price of $359.46 and a 200-day moving average price of $377.06.

Tesla (NASDAQ:TSLA) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 earnings per share. Sell-side analysts forecast that Tesla, Inc. will post 0.69 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Glj Research reissued a “sell” rating on shares of Tesla in a research report on Thursday. BMO Capital Markets assumed coverage on shares of Tesla in a research report on Monday, August 17th. They set an “outperform” rating for the company. William Blair reiterated a “market perform” rating on shares of Tesla in a research note on Thursday, July 2nd. TD Cowen reiterated a “buy” rating on shares of Tesla in a research note on Friday, August 14th. Finally, Guggenheim started coverage on shares of Tesla in a report on Monday, June 29th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $412.33.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Cybercab robotaxi fleet in Austin reportedly increased eightfold in one month to more than 300 vehicles, with Dallas potentially next. The expansion provides tangible evidence that Tesla’s autonomy strategy is progressing and could improve the long-term growth case. Tesla Cybercab robotaxi fleet article
• Positive Sentiment: A reported 1 GWh Megapack order from Apollo Power highlights potential demand for Tesla’s energy-storage products from AI data centers. California’s virtual-power-plant legislation and the opening of Tesla’s first heavy-duty Megacharger site, with 12 more planned, also support the energy business. Tesla Megapack order article
• Neutral Sentiment: Tesla is unveiling its long-delayed, approximately $200,000 next-generation Roadster, potentially featuring SpaceX-developed technology and a brief flight demonstration. The event could generate enthusiasm, but nearly a decade of delays and the vehicle’s niche luxury positioning make its near-term financial impact uncertain. Tesla Roadster reveal article
• Neutral Sentiment: Barclays suggested Tesla and SpaceX could announce a merger before Tesla’s December annual meeting. No agreement has been announced, leaving the speculation potentially supportive for sentiment but highly uncertain for valuation and governance. Tesla-SpaceX merger speculation article
• Negative Sentiment: Mike Snyder, Tesla’s vice president of energy and charging, stepped down as the company increasingly emphasizes AI. The departure raises questions about leadership continuity and the execution of Tesla’s energy-growth strategy. Tesla energy executive departure article
• Negative Sentiment: Analysts and financial commentary continue to flag Tesla’s extremely high valuation, weakening automotive margins, negative free cash flow and expectations for declining third-quarter earnings. Investors are also seeking evidence that robotaxis can generate meaningful revenue to justify the premium valuation. Tesla valuation and earnings article

Tesla Company Profile

Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.