Neuberger Berman Group LLC Sells 4,318 Shares of Tesla, Inc. $TSLA

Neuberger Berman Group LLC trimmed its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 1.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 412,941 shares of the electric vehicle producer’s stock after selling 4,318 shares during the quarter. Neuberger Berman Group LLC’s holdings in Tesla were worth $183,643,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sequent Planning LLC raised its holdings in Tesla by 5.4% in the third quarter. Sequent Planning LLC now owns 2,093 shares of the electric vehicle producer’s stock worth $931,000 after buying an additional 108 shares during the last quarter. Entrewealth LLC purchased a new stake in shares of Tesla during the third quarter valued at approximately $476,000. Gabelli Funds LLC increased its position in shares of Tesla by 6,714.7% during the third quarter. Gabelli Funds LLC now owns 45,795 shares of the electric vehicle producer’s stock valued at $20,366,000 after acquiring an additional 45,123 shares in the last quarter. Gamco Investors INC. ET AL increased its position in shares of Tesla by 29.6% during the third quarter. Gamco Investors INC. ET AL now owns 32,576 shares of the electric vehicle producer’s stock valued at $14,487,000 after acquiring an additional 7,446 shares in the last quarter. Finally, Palo Alto Wealth Advisors LLC raised its holdings in Tesla by 4.1% in the 3rd quarter. Palo Alto Wealth Advisors LLC now owns 2,607 shares of the electric vehicle producer’s stock worth $1,146,000 after acquiring an additional 102 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total value of $10,692,774.36. Following the sale, the director owned 19,669 shares of the company’s stock, valued at $8,173,649.64. This represents a 56.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 145,188 shares of company stock worth $64,193,919. 19.90% of the stock is currently owned by corporate insiders.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $396.73 on Friday. The company has a market capitalization of $1.49 trillion, a P/E ratio of 367.34, a P/E/G ratio of 11.99 and a beta of 1.89. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The firm’s 50 day simple moving average is $425.17 and its two-hundred day simple moving average is $422.66. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same period in the prior year, the company posted $0.73 earnings per share. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. Research analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Analyst Ratings Changes

TSLA has been the topic of several recent analyst reports. New Street Research increased their target price on Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. JPMorgan Chase & Co. decreased their price target on Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research note on Friday, January 30th. UBS Group upped their price target on Tesla from $307.00 to $352.00 and gave the company a “sell” rating in a report on Thursday, January 29th. HSBC reaffirmed a “reduce” rating on shares of Tesla in a research report on Monday, November 17th. Finally, Piper Sandler reissued an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat, Tesla currently has an average rating of “Hold” and an average target price of $406.84.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Higher oil/gas prices make EV ownership relatively more attractive, which could support Tesla vehicle demand and margins in coming months. Oil prices are surging. Will that help Tesla and others sell more EVs?
• Positive Sentiment: February Europe registrations rose ~10% for Tesla in some reporting, showing pockets of demand resilience despite competitive pressure. Tesla’s Europe registrations rise 10% in February despite sales drops in key markets
• Positive Sentiment: Bank of America issued a buy/upgrade view on Tesla (along with legacy automakers), citing opportunities such as robotaxi upside that could support a longer‑term recovery in sentiment. BofA Upgrades Ford (F), Tesla (TSLA), and GM (GM) Stock: What Investors Need to Know
• Neutral Sentiment: Tesla filed a new patent suggesting a bold seat design for the next‑gen Roadster — an innovation signal but not an immediate revenue driver. Tesla Patent Points to Bold New Seat Design for Next-Gen Roadster
• Negative Sentiment: BYD unveiled ultra‑fast charging tech (claims of near‑full in ~9 minutes), which threatens Tesla’s Supercharger competitive edge and raises execution/market‑share risk. BYD Needs Just 9 Minutes To Challenge Tesla’s Last Great Advantage
• Negative Sentiment: UK sales plunged ~37% year‑over‑year in February, underscoring uneven regional recovery and intensifying competitive pressure from Chinese EV makers. Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows
• Negative Sentiment: Analyst action and option‑market signals are bearish: BNP Paribas/Exane cut TSLA targets and near‑term put premiums are elevated, implying hedging/short interest and potential selling pressure. BNP Paribas Exane Cuts Tesla (NASDAQ:TSLA) Price Target to $280.00

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.