Tesla, Inc. $TSLA Holdings Reduced by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. reduced its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 74.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,950 shares of the electric vehicle producer’s stock after selling 14,328 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Tesla were worth $1,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Almanack Investment Partners LLC. raised its holdings in Tesla by 0.7% in the 3rd quarter. Almanack Investment Partners LLC. now owns 5,562 shares of the electric vehicle producer’s stock valued at $1,973,000 after acquiring an additional 39 shares in the last quarter. BCS Wealth Management lifted its position in shares of Tesla by 3.5% in the 3rd quarter. BCS Wealth Management now owns 1,898 shares of the electric vehicle producer’s stock worth $673,000 after acquiring an additional 64 shares during the period. Johnson & White Wealth Management LLC grew its holdings in shares of Tesla by 12.5% during the 3rd quarter. Johnson & White Wealth Management LLC now owns 1,227 shares of the electric vehicle producer’s stock worth $435,000 after purchasing an additional 136 shares in the last quarter. Paragon Advisors LLC grew its holdings in shares of Tesla by 12.1% during the 3rd quarter. Paragon Advisors LLC now owns 11,574 shares of the electric vehicle producer’s stock worth $4,107,000 after purchasing an additional 1,252 shares in the last quarter. Finally, M Holdings Securities Inc. increased its position in shares of Tesla by 1.2% during the third quarter. M Holdings Securities Inc. now owns 15,443 shares of the electric vehicle producer’s stock valued at $6,037,000 after purchasing an additional 179 shares during the period. 66.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TSLA. BNP Paribas Exane upgraded Tesla from an “underperform” rating to a “neutral” rating and upped their target price for the company from $266.00 to $420.00 in a research note on Thursday, October 22nd. UBS Group upgraded shares of Tesla from a “neutral” rating to a “buy” rating in a research note on Monday, October 26th. Piper Sandler reissued an “overweight” rating and issued a $475.00 price target (up from $450.00) on shares of Tesla in a report on Thursday, October 22nd. DZ Bank raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Finally, Robert W. Baird set a $475.00 price objective on shares of Tesla in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has an average rating of “Moderate Buy” and a consensus target price of $414.51.

Tesla Stock Performance

Shares of TSLA opened at $358.22 on Monday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.42 trillion, a PE ratio of 393.65, a PEG ratio of 22.19 and a beta of 1.74. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The stock has a 50 day simple moving average of $372.14 and a 200-day simple moving average of $384.35.

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

Key Tesla News

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

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by corporate insiders.

About Tesla

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.