8,519 Tesla, Inc. $TSLA Shares Bought by Candriam S.C.A.

Candriam S.C.A. raised its holdings in Tesla, Inc. (NASDAQ:TSLA) by 2.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 322,479 shares of the electric vehicle producer’s stock after acquiring an additional 8,519 shares during the period. Candriam S.C.A.’s holdings in Tesla were worth $114,837,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of TSLA. American State Bank Iowa raised its position in Tesla by 7.0% in the third quarter. American State Bank Iowa now owns 2,661 shares of the electric vehicle producer’s stock worth $944,000 after purchasing an additional 174 shares in the last quarter. Cullinan Associates Inc. increased its stake in shares of Tesla by 40.0% in the third quarter. Cullinan Associates Inc. now owns 5,321 shares of the electric vehicle producer’s stock valued at $1,888,000 after buying an additional 1,521 shares in the last quarter. Uhlmann Price Securities LLC increased its stake in shares of Tesla by 78.4% in the 3rd quarter. Uhlmann Price Securities LLC now owns 1,388 shares of the electric vehicle producer’s stock valued at $492,000 after buying an additional 610 shares during the period. Ethic Inc. increased its holdings in Tesla by 22.2% in the third quarter. Ethic Inc. now owns 238,044 shares of the electric vehicle producer’s stock valued at $84,460,000 after purchasing an additional 43,267 shares during the last quarter. Finally, 180 Wealth Advisors LLC increased its stake in Tesla by 3.4% during the 3rd quarter. 180 Wealth Advisors LLC now owns 32,047 shares of the electric vehicle producer’s stock worth $11,371,000 after purchasing an additional 1,048 shares in the last quarter. 66.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TSLA has been the topic of several research reports. Citigroup restated a “neutral” rating on shares of Tesla in a research note on Wednesday, October 21st. Morgan Stanley upgraded Tesla from a “reduce” rating to an “overweight” rating in a research note on Monday, October 26th. BNP Paribas Exane raised shares of Tesla from an “underperform” rating to a “neutral” rating and upped their price target for the stock from $266.00 to $420.00 in a research report on Thursday, October 22nd. Truist Financial set a $370.00 target price on shares of Tesla and gave the company a “hold” rating in a report on Thursday, July 23rd. Finally, Glj Research reissued a “sell” rating on shares of Tesla in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Tesla presently has a consensus rating of “Moderate Buy” and an average target price of $414.51.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on 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 directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 20.00% of the company’s stock.

Tesla Price Performance

Tesla stock opened at $358.22 on Friday. The stock has a fifty day moving average of $372.14 and a 200-day moving average of $384.35. The stock has a market capitalization of $1.42 trillion, a P/E ratio of 393.65, a price-to-earnings-growth ratio of 22.19 and a beta of 1.74. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. During the same quarter last year, the business posted $0.50 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Tesla Company Profile

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.