Capstone Capital Management Ltd Purchases 13,376 Shares of Tesla, Inc. $TSLA

Capstone Capital Management Ltd boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 2,113.1% in the first quarter, HoldingsChannel.com reports. The fund owned 14,009 shares of the electric vehicle producer’s stock after acquiring an additional 13,376 shares during the quarter. Tesla comprises about 5.1% of Capstone Capital Management Ltd’s portfolio, making the stock its 3rd largest holding. Capstone Capital Management Ltd’s holdings in Tesla were worth $5,208,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new position in Tesla in the 4th quarter valued at about $17,128,100,000. Corient Private Wealth LLC raised its holdings in shares of Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after acquiring an additional 20,810,386 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Tesla by 56.0% during the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after acquiring an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. lifted its position in shares of Tesla by 882.8% in the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock valued at $3,688,630,000 after acquiring an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Tesla by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after acquiring an additional 6,538,720 shares during the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record Q2 deliveries that came in well ahead of expectations, and several articles suggest this supports the case for a stronger second-half outlook. Article Title
• Positive Sentiment: Tesla expanded its Robotaxi rollout to Miami, which keeps the company’s autonomy story front and center and fuels long-term AI-driven valuation hopes. Article Title
• Positive Sentiment: RBC raised its price target on Tesla to $500 and kept an outperform rating, signaling continued Wall Street optimism despite the recent pullback. Article Title
• Neutral Sentiment: New articles are highlighting Tesla’s growing energy-storage business, including more than $9 billion in Megapack orders, which could become an important future revenue stream but is not yet the main driver of the stock. Article Title
• Negative Sentiment: Despite strong delivery numbers, investors are still selling Tesla because they want clearer evidence that autonomy, AI, and robotaxi economics can translate into profits. Article Title
• Negative Sentiment: Regulatory and legal concerns are also weighing on sentiment, including a New Jersey bill that could restrict robotaxi operations and a high-profile manslaughter case involving a Tesla driver, both of which add headline risk. Article Title

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TSLA shares. Guggenheim initiated coverage on shares of Tesla in a report on Monday, June 29th. They set a “neutral” rating for the company. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Tesla in a research note on Wednesday, June 24th. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a research note on Thursday, June 11th. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a report on Thursday, April 23rd. Finally, Erste Group Bank raised shares of Tesla from a “sell” rating to a “hold” rating in a research note on Friday, June 5th. Twenty-one research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Tesla has an average rating of “Hold” and a consensus price target of $408.52.

Tesla Stock Down 2.2%

Tesla stock opened at $394.11 on Thursday. The company has a market capitalization of $1.48 trillion, a PE ratio of 361.57, a price-to-earnings-growth ratio of 14.81 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla, Inc. has a fifty-two week low of $293.55 and a fifty-two week high of $498.83. The firm has a 50 day moving average price of $409.15 and a 200 day moving average price of $409.76.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the prior year, the firm earned $0.27 earnings per share. The firm’s revenue was up 15.8% compared to the same quarter last year. Research analysts expect that Tesla, Inc. will post 1.29 earnings per share for the current year.

Insider Transactions at Tesla

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 32,015 shares of company stock valued at $12,383,640 over the last 90 days. 19.90% of the stock is currently owned by company insiders.

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.