IFG Advisory LLC Decreases Position in Tesla, Inc. $TSLA

IFG Advisory LLC reduced its stake in Tesla, Inc. (NASDAQ:TSLA) by 27.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 12,703 shares of the electric vehicle producer’s stock after selling 4,777 shares during the period. IFG Advisory LLC’s holdings in Tesla were worth $5,649,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Manning & Napier Advisors LLC acquired a new stake in Tesla during the 3rd quarter worth $29,000. Westend Capital Management LLC purchased a new position in shares of Tesla during the third quarter worth about $32,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter worth about $26,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla in the 2nd quarter valued at about $30,000. Finally, ESL Trust Services LLC boosted its position in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Stock Performance

NASDAQ TSLA opened at $405.94 on Thursday. The stock has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 375.87, a PEG ratio of 13.97 and a beta of 1.89. The business’s 50 day moving average is $428.32 and its two-hundred day moving average is $422.35. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 earnings per share. Research analysts expect that Tesla, Inc. will post 2.56 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TSLA shares. JPMorgan Chase & Co. cut their price target on Tesla from $150.00 to $145.00 and set an “underweight” rating on the stock in a research report on Friday, January 30th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Tesla from $500.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Royal Bank Of Canada reiterated an “outperform” rating and set a $500.00 price target on shares of Tesla in a research note on Thursday, January 29th. Piper Sandler reissued an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. Finally, Morgan Stanley set a $415.00 target price on shares of Tesla and gave the company an “equal weight” rating in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $406.84.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 145,188 shares of company stock valued at $64,193,919. Company insiders own 19.90% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: BofA reinstated coverage with a Buy and a $460 target, arguing Tesla leads in consumer autonomy/robotaxi upside — this brought near?term buying interest and supports the autonomy valuation narrative. Tesla Stock Is Rising as It Gets a New Vote of Confidence From Wall Street
• Positive Sentiment: February registrations show regional rebounds (France, Portugal up strongly), suggesting Europe may be stabilizing and offsetting some delivery weakness. Does Tesla’s February Sales Surge Signal a Turnaround in Europe?
• Neutral Sentiment: Elon Musk reiterated big AI/robotics ambitions (AGI and humanoid robots). Strategically important long?term, but execution risk/long timelines mean limited immediate relief to valuation. Elon Musk: Tesla’s Robots Could Be The First ‘Atom-Shaping’ AGI
• Negative Sentiment: BNP Paribas Exane cut its price target sharply to $280 and maintained an Underperform, increasing downside pressure and signaling growing analyst skepticism on near?term fundamentals. BNP Paribas Exane Cuts Tesla Price Target to $280
• Negative Sentiment: Reports say Tesla is trading down after an analyst downgrade (trade note flagged ~2.7% move), a catalyst for intraday selling and momentum weakness. Tesla Trading Down 2.7% Following Analyst Downgrade
• Negative Sentiment: UK retail data: Tesla’s February sales fell sharply (reported ~37% decline year?over?year), highlighting regional demand softness and intensified Chinese competitor pressure (e.g., BYD). Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows
• Negative Sentiment: BYD applied for a permit to import to Canada at a reduced tariff under a China?Canada trade deal — a concrete sign Chinese EVs are expanding distribution and price competitiveness in key markets. Tesla Rival BYD Applies For Permit To Allow Canada Imports After Tariff Agreement

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.