Tesla, Inc. (NASDAQ:TSLA) Holdings Raised by Little House Capital LLC

Little House Capital LLC boosted its stake in Tesla, Inc. (NASDAQ:TSLA) by 1.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,901 shares of the electric vehicle producer’s stock after buying an additional 77 shares during the quarter. Little House Capital LLC’s holdings in Tesla were worth $1,466,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mount Vernon Associates Inc. MD raised its holdings in shares of Tesla by 5.3% during the 4th quarter. Mount Vernon Associates Inc. MD now owns 6,940 shares of the electric vehicle producer’s stock valued at $1,724,000 after purchasing an additional 350 shares in the last quarter. Oak Ridge Investments LLC grew its stake in Tesla by 4.6% in the 3rd quarter. Oak Ridge Investments LLC now owns 32,230 shares of the electric vehicle producer’s stock valued at $8,065,000 after buying an additional 1,405 shares during the last quarter. Corient Private Wealth LLC grew its stake in Tesla by 3.7% in the 3rd quarter. Corient Private Wealth LLC now owns 728,615 shares of the electric vehicle producer’s stock valued at $182,352,000 after buying an additional 25,943 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in Tesla by 16.6% in the 4th quarter. J.W. Cole Advisors Inc. now owns 46,414 shares of the electric vehicle producer’s stock valued at $11,533,000 after buying an additional 6,615 shares during the last quarter. Finally, Nordea Investment Management AB grew its stake in Tesla by 11.8% in the 4th quarter. Nordea Investment Management AB now owns 776,765 shares of the electric vehicle producer’s stock valued at $193,935,000 after buying an additional 81,729 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Insider Activity at Tesla

In other Tesla news, Director Robyn M. Denholm sold 93,706 shares of the business’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $194.73, for a total value of $18,247,369.38. Following the completion of the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at $2,920,950. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Tesla news, SVP Andrew D. Baglino sold 10,500 shares of the business’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $204.17, for a total value of $2,143,785.00. Following the completion of the transaction, the senior vice president now directly owns 31,230 shares of the company’s stock, valued at $6,376,229.10. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robyn M. Denholm sold 93,706 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $194.73, for a total transaction of $18,247,369.38. Following the completion of the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at $2,920,950. The disclosure for this sale can be found here. Insiders sold 209,098 shares of company stock valued at $38,802,534 in the last ninety days. Insiders own 25.10% of the company’s stock.

Tesla Price Performance

TSLA stock traded down $1.89 during trading on Friday, hitting $168.29. 109,309,500 shares of the stock traded hands, compared to its average volume of 100,050,800. Tesla, Inc. has a one year low of $138.80 and a one year high of $299.29. The stock has a market cap of $536.71 billion, a price-to-earnings ratio of 42.93, a P/E/G ratio of 4.45 and a beta of 2.39. The company has a 50 day simple moving average of $175.04 and a 200 day simple moving average of $207.61. The company has a current ratio of 1.72, a quick ratio of 1.25 and a debt-to-equity ratio of 0.04.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, January 24th. The electric vehicle producer reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by ($0.03). Tesla had a net margin of 14.37% and a return on equity of 13.18%. The firm had revenue of $25.17 billion for the quarter, compared to the consensus estimate of $25.64 billion. During the same period in the prior year, the business earned $1.07 earnings per share. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. Equities analysts expect that Tesla, Inc. will post 1.97 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. TD Cowen lowered their target price on shares of Tesla from $200.00 to $180.00 and set a “market perform” rating on the stock in a research note on Thursday, January 25th. Robert W. Baird reiterated an “outperform” rating and issued a $280.00 target price on shares of Tesla in a research note on Wednesday, April 17th. China Renaissance assumed coverage on shares of Tesla in a research note on Monday, February 26th. They issued a “hold” rating on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research note on Wednesday. Finally, Redburn Atlantic initiated coverage on shares of Tesla in a research report on Wednesday, January 24th. They issued a “sell” rating and a $170.00 price target on the stock. Eight research analysts have rated the stock with a sell rating, sixteen have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $186.70.

Tesla Company Profile

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.