Newbridge Financial Services Group Inc. Has $11.72 Million Stock Holdings in Tesla, Inc. $TSLA

Newbridge Financial Services Group Inc. lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 8.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 26,063 shares of the electric vehicle producer’s stock after buying an additional 1,991 shares during the quarter. Tesla comprises about 1.8% of Newbridge Financial Services Group Inc.’s portfolio, making the stock its 13th largest holding. Newbridge Financial Services Group Inc.’s holdings in Tesla were worth $11,721,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Leading Edge Financial Planning LLC acquired a new stake in shares of Tesla during the 4th quarter worth about $271,000. Crews Bank & Trust lifted its stake in shares of Tesla by 21.9% during the 4th quarter. Crews Bank & Trust now owns 479 shares of the electric vehicle producer’s stock worth $215,000 after buying an additional 86 shares during the last quarter. Portside Wealth Group LLC lifted its stake in shares of Tesla by 21.9% during the 4th quarter. Portside Wealth Group LLC now owns 22,888 shares of the electric vehicle producer’s stock worth $10,293,000 after buying an additional 4,118 shares during the last quarter. Lakeshore Capital Group Inc. lifted its stake in shares of Tesla by 1.2% during the 4th quarter. Lakeshore Capital Group Inc. now owns 3,746 shares of the electric vehicle producer’s stock worth $1,685,000 after buying an additional 46 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its stake in shares of Tesla by 15.9% during the 4th quarter. Sound Income Strategies LLC now owns 24,725 shares of the electric vehicle producer’s stock worth $10,817,000 after buying an additional 3,387 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: NHTSA closed its probe into Tesla’s “Actually Smart Summon” feature, removing a regulatory overhang on vehicle safety and software. US regulator ends probe into Tesla’s ‘actually smart summon’ feature after software fixes
• Positive Sentiment: Tesla reported a sharp sales surge in South Korea (330% YoY in March), signaling pockets of regional strength that could help offset soft demand elsewhere. Tesla’s South Korean sales up more than 300% to 11,134 vehicles in March
• Positive Sentiment: Some sell‑side support remains — Canaccord reaffirmed a Buy and set a $420 target — giving bulls a base for rebounds if delivery trends improve. Canaccord reaffirms Buy on Tesla
• Neutral Sentiment: The approaching SpaceX IPO is creating a narrative risk: commentators (including Jim Cramer) suggest some investors may trim TSLA exposure to rotate into SpaceX, which could weigh on Tesla regardless of fundamentals. Cramer Flags New Trade: Sell Some Tesla, Wait for SpaceX IPO?
• Neutral Sentiment: Broader market dynamics (QQQ/AI leadership and macro flow) could help or hurt TSLA; a tech-led market rebound would likely support Tesla, while renewed risk‑off would accelerate outflows. 5 Reasons the Invesco QQQ ETF Could Be Headed for a Triple-Digit Rally
• Negative Sentiment: JPMorgan reiterated a bearish stance and warned TSLA could fall ~60%, citing record unsold inventory and weakening financial expectations — a high‑profile note that amplified selling pressure. JPMorgan warns Tesla stock may crash 60%
• Negative Sentiment: Analysts are cutting targets after Tesla missed Q1 delivery estimates; consensus revisions and lower targets are increasing downside risk into the company’s upcoming earnings. TSLA selloff deepens: Why analysts are slashing Tesla targets after delivery miss
• Negative Sentiment: ETF flows amplified the move: leveraged Tesla ETF TSLL plunged as traders sold exposure after the delivery miss, increasing intraday volatility and mechanical selling pressure. Tesla’s Dip Triggers TSLL Selloff—Why Are ETF Traders So Nervous?

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,264 shares of the firm’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm’s stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is currently owned by corporate insiders.

Tesla Price Performance

TSLA stock opened at $352.82 on Tuesday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The firm has a market cap of $1.32 trillion, a P/E ratio of 326.69, a P/E/G ratio of 10.69 and a beta of 1.91. The company’s 50-day moving average price is $399.41 and its two-hundred day moving average price is $427.11.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period last year, the firm earned $0.73 EPS. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. On average, analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Truist Financial cut their target price on shares of Tesla from $438.00 to $400.00 and set a “hold” rating for the company in a research note on Thursday, April 2nd. William Blair reaffirmed a “market perform” rating on shares of Tesla in a research report on Friday, January 2nd. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the stock an “equal weight” rating in a research report on Thursday, January 29th. CICC Research raised their price target on shares of Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, TD Cowen raised their price target on shares of Tesla from $509.00 to $519.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $402.61.

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.