Van Diest Capital LLC Buys 1,602 Shares of Tesla, Inc. $TSLA

Van Diest Capital LLC lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 119.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,944 shares of the electric vehicle producer’s stock after purchasing an additional 1,602 shares during the quarter. Tesla accounts for 0.9% of Van Diest Capital LLC’s holdings, making the stock its 27th biggest holding. Van Diest Capital LLC’s holdings in Tesla were worth $1,095,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Norges Bank acquired a new stake in Tesla during the fourth quarter worth about $17,128,100,000. Corient Private Wealth LLC raised its position in shares of Tesla by 3,205.5% in the 4th 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 buying an additional 20,810,386 shares in the last quarter. Bank of America Corp DE raised its position in shares of Tesla by 56.0% in the 4th 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 buying an additional 7,450,766 shares in the last quarter. Cardano Risk Management B.V. lifted its holdings in shares of Tesla by 882.8% during the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock worth $3,688,630,000 after acquiring an additional 7,367,507 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Tesla by 2.6% during the 4th 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 in the last quarter. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Down 2.1%

Shares of NASDAQ:TSLA opened at $313.03 on Friday. The company has a fifty day moving average of $400.74 and a 200-day moving average of $402.53. The company has a market capitalization of $1.18 trillion, a PE ratio of 289.85, a price-to-earnings-growth ratio of 10.51 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 1.94. Tesla, Inc. has a 52-week low of $297.82 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The company’s revenue was up 25.5% compared to the same quarter last year. During the same period last year, the business earned $0.33 EPS. On average, equities analysts predict that Tesla, Inc. will post 1.33 EPS for the current fiscal year.

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’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 sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $8,147,700. This represents a 14.21% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 32,015 shares of company stock valued at $12,383,640 over the last quarter. Corporate insiders own 19.90% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Record quarterly revenue and deliveries show Tesla is still growing its top line. Tesla Just Delivered Record Sales—So Why Did the Stock Sell Off?
• Positive Sentiment: Some investors remain bullish on the long term, with ARK/Cathie Wood buying the dip after the post-earnings slump. Cathie Wood’s Ark Bought the Dip in Tesla Stock
• Neutral Sentiment: Tesla continued to promote robotaxi and Optimus progress, but the market appears to want tangible revenue and execution milestones before rewarding those ambitions. Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
• Negative Sentiment: Q2 earnings missed expectations, and Tesla reported negative free cash flow as spending surged. Tesla’s once-bullish tone on robotaxis shifts
• Negative Sentiment: Management’s large 2026 capex plan and AI spending push are spooking investors over margins and cash burn. Tesla sees a $200 billion wipeout as investors pan Musk’s plan to spend ‘as fast as we can’
• Negative Sentiment: Analysts have been lowering price targets following the report, reflecting near-term profitability concerns. Tesla Stock Plunges as Analysts Slash Price Targets after Q2 Earnings Miss

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday. Evercore raised Tesla from a “hold” rating to an “outperform” rating in a report on Friday, June 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $485.00 price target (down from $510.00) on shares of Tesla in a research note on Thursday. Sanford C. Bernstein raised Tesla from an “underperform” rating to an “outperform” rating in a report on Friday, June 5th. Finally, Erste Group Bank upgraded Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twenty have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $404.95.

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.