Vinva Investment Management Ltd boosted its holdings in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 25.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 205,443 shares of the electric vehicle producer’s stock after buying an additional 42,323 shares during the quarter. Tesla makes up about 1.8% of Vinva Investment Management Ltd’s holdings, making the stock its 8th largest position. Vinva Investment Management Ltd’s holdings in Tesla were worth $91,054,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the business. Manning & Napier Advisors LLC purchased a new position in shares of Tesla in the 3rd quarter valued at about $29,000. Westend Capital Management LLC purchased a new stake in Tesla during the third quarter worth approximately $32,000. Chapman Financial Group LLC purchased a new stake in Tesla during the second quarter worth approximately $26,000. CoreFirst Bank & Trust purchased a new position in Tesla in the second quarter valued at approximately $30,000. Finally, ESL Trust Services LLC increased its stake in Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Higher oil/gas prices make EV ownership relatively more attractive, which could support Tesla vehicle demand and margins in coming months. Oil prices are surging. Will that help Tesla and others sell more EVs?
- Positive Sentiment: February Europe registrations rose ~10% for Tesla in some reporting, showing pockets of demand resilience despite competitive pressure. Tesla’s Europe registrations rise 10% in February despite sales drops in key markets
- Positive Sentiment: Bank of America issued a buy/upgrade view on Tesla (along with legacy automakers), citing opportunities such as robotaxi upside that could support a longer‑term recovery in sentiment. BofA Upgrades Ford (F), Tesla (TSLA), and GM (GM) Stock: What Investors Need to Know
- Neutral Sentiment: Tesla filed a new patent suggesting a bold seat design for the next‑gen Roadster — an innovation signal but not an immediate revenue driver. Tesla Patent Points to Bold New Seat Design for Next-Gen Roadster
- Negative Sentiment: BYD unveiled ultra‑fast charging tech (claims of near‑full in ~9 minutes), which threatens Tesla’s Supercharger competitive edge and raises execution/market‑share risk. BYD Needs Just 9 Minutes To Challenge Tesla’s Last Great Advantage
- Negative Sentiment: UK sales plunged ~37% year‑over‑year in February, underscoring uneven regional recovery and intensifying competitive pressure from Chinese EV makers. Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows
- Negative Sentiment: Analyst action and option‑market signals are bearish: BNP Paribas/Exane cut TSLA targets and near‑term put premiums are elevated, implying hedging/short interest and potential selling pressure. BNP Paribas Exane Cuts Tesla (NASDAQ:TSLA) Price Target to $280.00
Insider Activity at Tesla
Tesla Stock Performance
Shares of TSLA stock opened at $396.73 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 stock has a 50 day simple moving average of $425.17 and a 200-day simple moving average of $423.32. The company has a market cap of $1.49 trillion, a price-to-earnings ratio of 367.34, a price-to-earnings-growth ratio of 11.73 and a beta of 1.89. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the previous year, the business earned $0.73 earnings per share. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. On average, equities analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year.
Wall Street Analyst Weigh In
TSLA has been the subject of several recent analyst reports. Glj Research restated a “sell” rating on shares of Tesla in a research report on Tuesday, February 24th. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a research report on Thursday, January 29th. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the stock an “equal weight” rating in a research note on Thursday, January 29th. William Blair reissued a “market perform” rating on shares of Tesla in a research report on Friday, January 2nd. Finally, Phillip Securities decreased their price objective on shares of Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research note on Monday, February 2nd. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the stock. Based on data from MarketBeat, Tesla has a consensus rating of “Hold” and a consensus price target of $406.84.
Check Out Our Latest Analysis on TSLA
Tesla 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.
Read More
- Five stocks we like better than Tesla
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- Nvidia CEO Issues Bold Tesla Call
- What central banks are doing with gold right now
- This makes me furious
Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA – Free Report).
Receive News & Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related companies with MarketBeat.com's FREE daily email newsletter.
