2,319 Tesla, Inc. $TSLA Shares Bought by Sowell Financial Services LLC

Sowell Financial Services LLC lifted its position in Tesla, Inc. (NASDAQ:TSLA) by 7.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,065 shares of the electric vehicle producer’s stock after acquiring an additional 2,319 shares during the quarter. Sowell Financial Services LLC’s holdings in Tesla were worth $12,441,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TSLA. Security National Bank of Sioux City Iowa IA bought a new position in Tesla during the second quarter worth $25,000. Friedenthal Financial boosted its holdings in Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 30 shares during the period. Harborfront Financial Group LLC bought a new stake in Tesla during the second quarter valued at $34,000. Lam Group Inc. bought a new stake in Tesla during the first quarter valued at $37,000. Finally, Montgomery Financial Services LLC acquired a new stake in shares of Tesla during the second quarter worth $40,000. 66.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company’s stock.

Tesla Trading Up 3.4%

Shares of NASDAQ:TSLA opened at $386.47 on Thursday. The company has a market cap of $1.53 trillion, a PE ratio of 357.85, a P/E/G ratio of 23.73 and a beta of 1.92. The company’s 50-day moving average price is $362.72 and its 200 day moving average price is $377.16. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. During the same period in the previous year, the business posted $0.50 EPS. Tesla’s revenue was down .2% on a year-over-year basis. Sell-side analysts anticipate that Tesla, Inc. will post 0.71 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $485.00 price target on shares of Tesla in a research report on Monday. Citizens Jmp initiated coverage on shares of Tesla in a research report on Thursday, July 9th. They set a “market perform” rating for the company. Wells Fargo & Company reissued a “buy” rating on shares of Tesla in a report on Thursday, October 1st. Mizuho set a $450.00 target price on shares of Tesla and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Finally, BNP Paribas Exane decreased their target price on Tesla from $280.00 to $268.00 and set an “underperform” rating for the company in a research note on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given 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, Tesla currently has a consensus rating of “Hold” and an average price target of $415.07.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Adjusted earnings beat expectations: Tesla reported third-quarter EPS of $0.48, above the $0.45 consensus estimate. Revenue of approximately $28.05 billion was broadly in line with forecasts, while vehicle deliveries rebounded and services revenue increased 33%. Reuters Tesla earnings report
• Positive Sentiment: Cash generation and future businesses provided support: Tesla ended the quarter with roughly $45.4 billion in cash and generated about $1.5 billion in free cash flow. The company also began producing Optimus humanoid robots in Fremont, while driverless Cybercab rides and robotaxi expansion reinforce the long-term artificial-intelligence investment case. Business Insider Optimus production report
• Neutral Sentiment: SpaceX merger remains a major valuation catalyst—but only a possibility: Independent committees at Tesla and SpaceX are evaluating a potential merger, and Elon Musk has called the idea attractive. However, Musk offered no substantive new information during Wednesday’s discussion, and the transaction would require shareholder approval and could involve stock issuance that dilutes Tesla investors. MarketWatch Tesla SpaceX merger update
• Negative Sentiment: Profitability deteriorated sharply: Operating income fell 56% year over year as spending on AI, robotics and autonomous driving increased. The quarter’s revenue was essentially flat, and investors remain concerned that Tesla’s premium valuation depends increasingly on future businesses rather than its core automotive operations. Business Insider Tesla profit report
• Negative Sentiment: Energy and automotive pressures persisted: Energy-segment revenue missed estimates by about 22%, regulatory-credit revenue declined 76%, and analysts highlighted delays or uncertainty around key growth products. These results are weighing more heavily than the modest EPS and revenue beats. Investor’s Business Daily Tesla energy revenue report

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.