Wealthcare Advisory Partners LLC raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 73.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,880 shares of the electric vehicle producer’s stock after acquiring an additional 15,572 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Tesla were worth $16,586,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Turning Point Benefit Group Inc. acquired a new stake in Tesla during the third quarter valued at approximately $30,000. Manning & Napier Advisors LLC bought a new position in shares of Tesla in the 3rd quarter worth about $29,000. Texas Capital Bancshares Inc TX acquired a new position in Tesla in the third quarter valued at approximately $31,000. Westend Capital Management LLC acquired a new position in Tesla during the 3rd quarter valued at approximately $32,000. Finally, Chapman Financial Group LLC bought a new position in shares of Tesla during the second quarter worth about $26,000. Institutional investors own 66.20% of the company’s stock.
Analyst Ratings Changes
Several analysts recently weighed in on the stock. BNP Paribas Exane cut their price objective on shares of Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a research report on Monday, March 2nd. Cantor Fitzgerald reissued an “overweight” rating and set a $510.00 price target on shares of Tesla in a report on Thursday, January 29th. Canaccord Genuity Group set a $520.00 price objective on shares of Tesla in a research note on Thursday, January 29th. UBS Group upped their target price on Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a research report on Thursday, January 29th. Finally, New Street Research upped their price target on shares of Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $406.84.
Tesla Stock Down 2.8%
Shares of Tesla stock opened at $361.83 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The company has a market cap of $1.36 trillion, a P/E ratio of 335.03, a P/E/G ratio of 10.71 and a beta of 1.89. The stock has a 50-day moving average price of $408.20 and a 200 day moving average price of $428.35. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $24.75 billion. During the same quarter in the prior year, the business earned $0.73 EPS. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. As a group, analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Insider Activity
In related news, Director Kathleen Wilson-Thompson sold 25,731 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the director owned 19,669 shares of the company’s stock, valued at approximately $8,173,649.64. The trade was a 56.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 87,995 shares of company stock worth $38,315,650 in the last three months. 19.90% of the stock is owned by insiders.
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Wedbush reaffirmed an “outperform” rating and keeps a $600 price target on TSLA, giving bulls a high‑conviction upside case that supports long‑term holders. Wedbush $600 PT
- Positive Sentiment: Some data suggest Tesla is relatively resilient within a weak EV market — one headline calls Tesla a “big winner” amid a steep 28% U.S. EV sales slump, which could mean share gains if Tesla maintains share vs. peers. Tesla winner in EV slump
- Neutral Sentiment: Analysts and strategists note deliveries will be the key catalyst next week — Gene Munster says delivery figures could move broader equities, so TSLA may swing sharply on the print. Gene Munster on deliveries
- Neutral Sentiment: Market participants are watching Tesla’s Q1 delivery release scheduled for April 2 as the near‑term event that will likely determine whether the stock stabilizes or sells off further. Mark calendars for April 2
- Negative Sentiment: Delivery fears and downward revisions are pressuring the stock: Tesla‑published and independent consensus for Q1 deliveries sits near ~365k and Tesla recently trimmed its 2026 delivery outlook to ~1.69M, prompting analyst cuts and delta‑sized positioning. Q1 delivery consensus Tesla cuts 2026 delivery outlook
- Negative Sentiment: Macro and geopolitical risk (Iran war → rising oil) have knocked broader tech and auto stocks lower; headlines pushing oil toward $100 are creating rate/inflation fear that amplifies selling in TSLA. Oil near $100, markets slide Tech stocks suffer worst week
- Negative Sentiment: Competitive pressure in China and Canada (BYD expansion and record orders) plus weakening brand perception and higher EV prices/borrowing costs are weighing on demand expectations for Tesla. BYD moving into Canada
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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