Mowery & Schoenfeld Wealth Management LLC lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 97.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,233 shares of the electric vehicle producer’s stock after selling 46,412 shares during the period. Tesla accounts for approximately 0.9% of Mowery & Schoenfeld Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. Mowery & Schoenfeld Wealth Management LLC’s holdings in Tesla were worth $548,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of TSLA. Vanguard Group Inc. boosted its stake in shares of Tesla by 1.8% in the second quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer’s stock worth $79,856,764,000 after acquiring an additional 4,502,976 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer’s stock valued at $20,480,477,000 after purchasing an additional 1,269,304 shares in the last quarter. Norges Bank acquired a new stake in Tesla during the 2nd quarter worth $11,839,824,000. Legal & General Group Plc grew its holdings in shares of Tesla by 5.9% during the second quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer’s stock worth $6,424,705,000 after buying an additional 1,134,678 shares in the last quarter. Finally, Amundi raised its position in shares of Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after buying an additional 3,422,270 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on TSLA. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Thursday, October 30th. Wedbush restated an “outperform” rating and set a $600.00 target price on shares of Tesla in a report on Monday, December 15th. BNP Paribas increased their price target on Tesla from $307.00 to $313.00 in a report on Monday, December 1st. Canaccord Genuity Group boosted their price objective on Tesla from $482.00 to $551.00 and gave the stock a “buy” rating in a research note on Tuesday, December 23rd. Finally, Cowen restated a “buy” rating on shares of Tesla in a report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $410.20.
Tesla Price Performance
NASDAQ:TSLA opened at $439.20 on Thursday. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83. The stock’s fifty day moving average is $443.50 and its two-hundred day moving average is $397.63. The company has a market capitalization of $1.46 trillion, a P/E ratio of 292.80, a P/E/G ratio of 7.43 and a beta of 1.83. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same period last year, the company earned $0.72 EPS. The company’s quarterly revenue was up 11.6% on a year-over-year basis. Equities analysts expect that Tesla, Inc. will post 2.56 EPS for the current year.
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Subscription shift could lift recurring revenue and margin stability over time — investors who focus on predictable, high‑margin software revenue view the $99/month FSD model as a path to steadier cash flow. Musk says Tesla is moving Full Self-Driving to a monthly subscription
- Positive Sentiment: Tesla moved into mediation with the EEOC over a racial‑harassment lawsuit — resolving or narrowing the legal overhang could remove uncertainty for investors. Tesla agrees mediation that could resolve US agency’s racism lawsuit
- Positive Sentiment: Product and network progress: Tesla rolled out a 7‑seater Model Y in the U.S., showed improved China sales and is expanding service/Supercharger initiatives in Europe—operational moves that support sales and aftersales revenue. Tesla Releases 7-Seater Model Y In US As Improved China Sales Provide Boost
- Neutral Sentiment: Earnings calendar risk: TSLA heads into upcoming Q4 results with a narrow margin for error—analysts are split and a slightly weak print or guidance could amplify volatility. Tesla’s Earnings Loom With Almost No Room for Error
- Neutral Sentiment: Analyst divergence: some firms (Piper/New Street) remain constructive while others (Wells Fargo) are very bearish — this creates headline risk but also keeps trading volume elevated around catalysts. Analyst views on Tesla
- Negative Sentiment: India rollout weak and inventory discounts: early Model Y shipments to India are moving slowly and Tesla is discounting to clear excess units — a sign of demand softness in a new market. Tesla Sees a Slow Start in India, Offers Discounts
- Negative Sentiment: FSD move risks backlash, lower lifetime take rates and regulatory scrutiny—critics warn removing the one‑time purchase may depress perceived product value and adoption, especially with ongoing safety probes. Why Elon Musk’s Latest Move May Backfire
- Negative Sentiment: Competitive and execution risks: pieces of coverage highlight intensifying competition (including advances by Nvidia and rivals) and slowing deliveries—factors that pressure margins and justify cautious valuations. Nvidia Just Delivered Very Bad News for Tesla Stock Investors
Insider Activity
In other Tesla news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the sale, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the firm’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the transaction, the chief financial officer owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 119,457 shares of company stock valued at $53,501,145. Company insiders own 19.90% of the company’s stock.
About Tesla
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.
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