Tesla, Inc. $TSLA Stock Bought by MSH Capital Advisors LLC

MSH Capital Advisors LLC increased its position in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 28.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,906 shares of the electric vehicle producer’s stock after buying an additional 3,336 shares during the quarter. Tesla accounts for 0.8% of MSH Capital Advisors LLC’s portfolio, making the stock its 27th largest position. MSH Capital Advisors LLC’s holdings in Tesla were worth $5,286,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TSLA. Security National Bank of Sioux City Iowa IA bought a new stake in shares of Tesla in the 2nd quarter worth approximately $25,000. Harborfront Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter valued at $34,000. Montgomery Financial Services LLC bought a new position in shares of Tesla during the 2nd quarter valued at $40,000. Timbuktu Capital Management LLC bought a new position in shares of Tesla during the 2nd quarter valued at $42,000. Finally, Navigoe LLC purchased a new position in Tesla in the 2nd quarter worth $45,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

TSLA has been the subject of several recent research reports. Roth Capital reissued a “buy” rating and issued a $505.00 price target on shares of Tesla in a research note on Thursday, July 23rd. Piper Sandler reaffirmed an “overweight” rating and set a $475.00 price objective (up from $450.00) on shares of Tesla in a research note on Thursday, October 22nd. DZ Bank upgraded Tesla from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 23rd. Truist Financial set a $370.00 target price on Tesla and gave the company a “hold” rating in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada lowered Tesla from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seventeen have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Tesla has a consensus rating of “Moderate Buy” and a consensus price target of $414.51.

Get Our Latest Stock Analysis on TSLA

Insider Activity

In related 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 transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by insiders.

More Tesla News

These are some of the TSLA news items that stood out recently:

  • Positive Sentiment: Reports say Tesla and SpaceX are progressing in merger discussions, with an announcement possible as soon as December or in early 2027. The prospect of combining with SpaceX has fueled investor interest, though no agreement or terms have been disclosed. Article: SpaceX Could Announce a Deal for Tesla as Soon as December
  • Positive Sentiment: Finland’s provisional approval of Tesla’s driver-assistance system adds momentum to its European FSD expansion and could support future software revenue, though broader EU approval is still pending. Article: Finland approves Tesla driver assistance system
  • Negative Sentiment: The potential merger faces political headwinds: Texas’ attorney general-elect has pledged “tremendous scrutiny,” and another report flags possible Democratic opposition. Added review could delay or complicate a deal. Article: Texas AG-elect vows scrutiny of SpaceX-Tesla merger

Tesla Trading Down 1.8%

Shares of NASDAQ TSLA traded down $7.23 during mid-day trading on Friday, hitting $390.22. The stock had a trading volume of 32,239,788 shares, compared to its average volume of 40,913,836. The business has a 50 day moving average price of $374.75 and a two-hundred day moving average price of $383.05. Tesla, Inc. has a 1 year low of $297.38 and a 1 year 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 firm has a market cap of $1.54 trillion, a P/E ratio of 428.82, a price-to-earnings-growth ratio of 24.62 and a beta of 1.74.

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

Tesla Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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