Hills Bank & Trust Co Has $1.17 Million Stake in Tesla, Inc. $TSLA

Hills Bank & Trust Co grew its holdings in Tesla, Inc. (NASDAQ:TSLA) by 116.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,590 shares of the electric vehicle producer’s stock after buying an additional 1,391 shares during the period. Hills Bank & Trust Co’s holdings in Tesla were worth $1,165,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Everstar Asset Management LLC lifted its position in shares of Tesla by 19.7% in the fourth quarter. Everstar Asset Management LLC now owns 1,074 shares of the electric vehicle producer’s stock valued at $483,000 after buying an additional 177 shares during the last quarter. Sherman Asset Management Inc. increased its stake in shares of Tesla by 32.1% during the fourth quarter. Sherman Asset Management Inc. now owns 5,241 shares of the electric vehicle producer’s stock worth $2,357,000 after purchasing an additional 1,275 shares during the period. Tennessee Valley Asset Management Partners increased its stake in shares of Tesla by 2.9% during the fourth quarter. Tennessee Valley Asset Management Partners now owns 3,988 shares of the electric vehicle producer’s stock worth $1,793,000 after purchasing an additional 111 shares during the period. TLW Wealth Management LLC increased its stake in shares of Tesla by 0.7% during the fourth quarter. TLW Wealth Management LLC now owns 11,090 shares of the electric vehicle producer’s stock worth $4,987,000 after purchasing an additional 74 shares during the period. Finally, Financial Security Advisor Inc. increased its stake in shares of Tesla by 5.9% during the fourth quarter. Financial Security Advisor Inc. now owns 4,164 shares of the electric vehicle producer’s stock worth $1,873,000 after purchasing an additional 232 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group reiterated a “neutral” rating on shares of Tesla in a research note on Wednesday, April 22nd. Bank of America assumed coverage on Tesla in a research note on Wednesday, March 4th. They set a “buy” rating and a $460.00 target price on the stock. HSBC assumed coverage on Tesla in a research note on Monday, April 27th. They set a “buy” rating on the stock. Benchmark reiterated a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. Finally, China Renaissance lowered their target price on Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. 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 stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $395.20.

Insider Buying and Selling at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 83,213 shares of company stock worth $32,201,105. Corporate insiders own 19.90% of the company’s stock.

Tesla Trading Down 4.8%

Shares of TSLA opened at $422.24 on Friday. Tesla, Inc. has a 52-week low of $273.21 and a 52-week high of $498.83. The business’s fifty day moving average is $386.41 and its 200-day moving average is $418.28. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The firm has a market cap of $1.59 trillion, a price-to-earnings ratio of 387.38, a PEG ratio of 16.65 and a beta of 1.79.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the company posted $0.27 EPS. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. Equities analysts anticipate that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is moving ahead with a $250 million investment in its Berlin Gigafactory, which could expand battery output, add jobs, and support future European production growth. Tesla to Invest $250 Million in Berlin Gigafactory
• Positive Sentiment: New Tesla-linked ETFs are being launched to provide weekly income while still retaining some upside exposure to TSLA, reflecting continued investor demand for the stock. These New Nvidia And Tesla ETFs Want To Deliver Weekly Income Without Fully Sacrificing Upside
• Neutral Sentiment: Elon Musk’s China trip kept Tesla in the spotlight, but the meeting produced no major breakthrough on Full Self-Driving approval or trade terms that investors were hoping for. Tesla Stock Slumps After Trump’s China Trip Ends Without “Material Agreements”
• Neutral Sentiment: Tesla is starting work on a Cybercab car wash in Nevada, signaling progress on robotaxi-related infrastructure, though the project is still early-stage. Tesla (TSLA) to Build Cybercab Car Wash in Nevada as Robotaxi Plans Take Shape
• Negative Sentiment: Robotaxi concerns are intensifying after reports of long wait times, navigation issues, and crashes, reinforcing doubts about Tesla’s timeline for autonomous driving monetization. Tesla robotaxi rollout features long wait times, safety concerns
• Negative Sentiment: An Australian judge sharply criticized Tesla in a class-action case, warning the company could have “a really bad time” if it does not cooperate on document production, adding legal overhang. Australian judge criticises Tesla for ‘gobsmacking’ slow progress in class action lawsuit

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.