Ethic Inc. Acquires 43,267 Shares of Tesla, Inc. $TSLA

Ethic Inc. raised its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 22.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 238,044 shares of the electric vehicle producer’s stock after acquiring an additional 43,267 shares during the quarter. Tesla makes up 0.9% of Ethic Inc.’s investment portfolio, making the stock its 13th largest holding. Ethic Inc.’s holdings in Tesla were worth $84,460,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Bamco Inc. NY raised its position in Tesla by 5.0% in the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock valued at $5,267,911,000 after purchasing an additional 591,243 shares during the last quarter. One Plus One Wealth Management LLC bought a new stake in shares of Tesla during the second quarter worth $1,009,000. Bessemer Group Inc. grew its holdings in shares of Tesla by 23.6% during the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock worth $20,908,000 after purchasing an additional 10,747 shares during the last quarter. H&H International Investment LLC bought a new stake in shares of Tesla during the first quarter worth $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Tesla by 12.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock valued at $15,470,000 after buying an additional 4,806 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the sale, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Tesla Stock Up 4.2%

NASDAQ TSLA opened at $358.22 on Friday. The stock has a market capitalization of $1.42 trillion, a P/E ratio of 393.65, a price-to-earnings-growth ratio of 22.19 and a beta of 1.74. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. The stock has a fifty day moving average of $372.14 and a 200-day moving average of $384.35.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. The business had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 earnings per share. On average, equities research analysts forecast that Tesla, Inc. will post 0.67 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $485.00 price target on shares of Tesla in a report on Monday, October 19th. KeyCorp raised shares of Tesla to a “sector weight” rating in a report on Monday, September 28th. Monness Crespi & Hardt started coverage on shares of Tesla in a report on Monday, October 26th. They set a “buy” rating on the stock. Robert W. Baird set a $475.00 price objective on shares of Tesla in a research report on Monday, July 27th. Finally, Canaccord Genuity Group set a $442.00 target price on shares of Tesla and gave the stock a “buy” rating in a research report on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $414.51.

Tesla Profile

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.