NewEdge Wealth LLC Buys 3,462 Shares of Tesla, Inc. $TSLA

NewEdge Wealth LLC boosted its position in Tesla, Inc. (NASDAQ:TSLA) by 6.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,527 shares of the electric vehicle producer’s stock after buying an additional 3,462 shares during the period. NewEdge Wealth LLC’s holdings in Tesla were worth $26,581,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Relyea Zuckerberg Hanson LLC grew its stake in Tesla by 0.4% in the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock valued at $2,916,000 after purchasing an additional 23 shares during the period. Equita Financial Network Inc. raised its holdings in shares of Tesla by 2.8% in the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after purchasing an additional 23 shares during the period. VanderPol Investments L.L.C. grew its holdings in Tesla by 2.2% during the third quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock valued at $464,000 after purchasing an additional 23 shares during the period. Resonant Capital Advisors LLC increased its position in Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock worth $3,814,000 after buying an additional 23 shares during the last quarter. Finally, Cloud Capital Management LLC raised its stake in shares of Tesla by 1.1% in the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock valued at $923,000 after buying an additional 23 shares during the period. Institutional investors own 66.20% of the company’s stock.

Tesla Price Performance

Tesla stock opened at $411.46 on Thursday. The stock has a market cap of $1.54 trillion, a price-to-earnings ratio of 380.99, a PEG ratio of 14.45 and a beta of 1.86. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The business has a 50-day simple moving average of $442.29 and a 200 day simple moving average of $416.85. Tesla, Inc. has a 52 week low of $214.25 and a 52 week high of $498.83.

Tesla (NASDAQ:TSLA) last announced its 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 net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same period last year, the firm posted $0.73 earnings per share. Tesla’s quarterly revenue was down 3.1% on a year-over-year basis. On average, research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This trade represents a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. Corporate insiders own 19.90% of the company’s stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: California DMV drops plan to suspend Tesla sales after the company removed “Autopilot” marketing language, removing a near-term regulatory overhang on U.S. retail and production in a large market. Read More.
• Positive Sentiment: Tesla confirmed Cybercab production will start in April and showed the first production vehicle, reinforcing its autonomy/robotaxi roadmap that underpins long-term upside if execution continues. Read More.
• Positive Sentiment: Tesla is expanding xAI’s Grok chatbot into UK and European cars, a product push that could boost software/service engagement and recurring revenue — though it comes amid European regulatory scrutiny. Read More.
• Neutral Sentiment: Barclays reaffirmed a neutral rating on TSLA, reflecting mixed sell-side views as investors weigh slowing auto results against AI/robotics optionality. Read More.
• Neutral Sentiment: Analyst and media pieces highlight Tesla’s volatility and differing theses — some argue the stock is worth holding for long-term AI upside, others warn of technical weakness; this keeps sentiment mixed. Read More.
• Negative Sentiment: Reports that Tesla’s Austin robotaxis have been involved in multiple crashes and analysis suggesting they may be more accident-prone than humans increase regulatory and liability risk for the robotaxi program. Read More.
• Negative Sentiment: Critics, including investor Ross Gerber, say FSD performance is not improving fast enough and may need hardware changes — a reminder that autonomy execution is uncertain and costly. Read More.
• Negative Sentiment: Tesla lost its top-selling spot in China as Xiaomi’s YU7 surged, highlighting intensifying competition and pressure on deliveries in Tesla’s largest growth market. Read More.
• Negative Sentiment: Commentary and analysis argue Tesla’s stock may continue underperforming amid slowing auto revenue and heavy investments in AI/robotics that push valuation risk higher. Read More.

Analyst Ratings Changes

A number of brokerages have weighed in on TSLA. Mizuho set a $540.00 target price on shares of Tesla and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Tesla from $500.00 to $480.00 and set a “buy” rating for the company in a report on Friday, January 30th. Phillip Securities lowered their target price on shares of Tesla from $220.00 to $215.00 and set a “sell” rating on the stock in a report on Monday, February 2nd. Roth Mkm set a $505.00 price target on Tesla and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, TD Cowen boosted their price objective on Tesla from $509.00 to $519.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $408.09.

About Tesla

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.