Legacy Wealth Advisors LLC Increases Stake in Tesla, Inc. $TSLA

Legacy Wealth Advisors LLC boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 248.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,558 shares of the electric vehicle producer’s stock after acquiring an additional 3,961 shares during the period. Tesla comprises 1.1% of Legacy Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Legacy Wealth Advisors LLC’s holdings in Tesla were worth $2,066,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of TSLA. PFS Partners LLC raised its stake in Tesla by 4.2% in the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock valued at $265,000 after buying an additional 24 shares in the last quarter. Woodmont Investment Counsel LLC boosted its holdings in Tesla by 1.2% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock valued at $955,000 after purchasing an additional 25 shares in the last quarter. Aspect Partners LLC increased its stake in Tesla by 12.5% in the fourth quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer’s stock valued at $101,000 after purchasing an additional 25 shares during the last quarter. Human Investing LLC raised its holdings in Tesla by 4.5% during the fourth quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer’s stock worth $260,000 after purchasing an additional 25 shares in the last quarter. Finally, SilverOak Wealth Management LLC raised its holdings in Tesla by 2.3% during the fourth quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer’s stock worth $502,000 after purchasing an additional 25 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TSLA has been the subject of a number of research reports. China Renaissance reduced their price target on shares of Tesla from $382.00 to $372.00 and set a “hold” rating for the company in a research report on Monday, April 27th. BTIG Research lowered Tesla to a “neutral” rating in a report on Friday, June 5th. DZ Bank raised Tesla from a “sell” rating to a “hold” rating and set a $385.00 target price for the company in a report on Friday, April 24th. President Capital upped their target price on Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, Citizens Jmp assumed coverage on Tesla in a research note on Thursday, July 9th. They set a “market perform” rating on the stock. Twenty-one investment analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and an average target price of $408.07.

Tesla Trading Down 2.6%

Shares of TSLA stock opened at $380.79 on Friday. The company has a market capitalization of $1.43 trillion, a P/E ratio of 349.35, a price-to-earnings-growth ratio of 13.68 and a beta of 1.80. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $409.41 and its two-hundred day moving average is $406.00. Tesla, Inc. has a twelve month low of $297.82 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period last year, the company earned $0.27 earnings per share. Equities analysts forecast that Tesla, Inc. will post 1.34 EPS for the current year.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction that occurred 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 of the company’s stock, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. The sale was disclosed in a document filed 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. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s 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 directly owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 32,015 shares of company stock worth $12,383,640. 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: Bank of America reiterated a Buy rating and a $460 price target, citing rapid robotaxi expansion, better-than-expected deliveries, and upcoming Optimus milestones.
• Positive Sentiment: Analysts and investors continue to focus on Tesla’s robotaxi, Cybercab, and Optimus programs, which remain major long-term growth catalysts.
• Positive Sentiment: Erste Group raised its FY2026 earnings estimate for Tesla, signaling at least some improving expectations heading into the report.
• Neutral Sentiment: Wall Street expects a sizable earnings-driven stock move, with options pricing implying elevated volatility around the report.
• Neutral Sentiment: Recent coverage highlights that Tesla’s quarterly delivery strength has not yet translated into a sustained stock rebound, suggesting investors want more than just beat-and-raise narratives.
• Negative Sentiment: Broader AI and high-growth tech weakness is weighing on Tesla, as investors worry about stretched valuations and cooling enthusiasm for expensive megacap names.
• Negative Sentiment: Several reports point to skepticism around Tesla’s valuation, with commentary noting the stock could be vulnerable if earnings, margins, or guidance disappoint.
• Negative Sentiment: Competitive and regulatory headwinds remain in focus, including tougher EV competition in Europe, a denied NHTSA petition over a headlight recall issue, and ongoing scrutiny of Tesla’s autonomy claims.

Tesla Company 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.