Professional Financial Advisors LLC Lowers Stock Position in Tesla, Inc. $TSLA

Professional Financial Advisors LLC trimmed its stake in Tesla, Inc. (NASDAQ:TSLAFree Report) by 61.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 944 shares of the electric vehicle producer’s stock after selling 1,534 shares during the period. Professional Financial Advisors LLC’s holdings in Tesla were worth $397,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Tesla in the fourth quarter valued at approximately $17,128,100,000. Corient Private Wealth LLC boosted its position in shares of Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after buying an additional 20,810,386 shares during the period. Bank of America Corp DE boosted its position in shares of Tesla by 56.0% during the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock worth $9,334,211,000 after buying an additional 7,450,766 shares during the period. Cardano Risk Management B.V. grew its stake in shares of Tesla by 882.8% in the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock valued at $3,688,630,000 after buying an additional 7,367,507 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after buying an additional 6,538,720 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Performance

Shares of NASDAQ:TSLA opened at $328.58 on Monday. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The company’s 50 day moving average is $378.76 and its two-hundred day moving average is $393.46. The company has a market cap of $1.30 trillion, a PE ratio of 304.24, a P/E/G ratio of 16.59 and a beta of 1.83. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLAGet Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. During the same period last year, the firm posted $0.33 earnings per share. Equities analysts predict that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

  • Positive Sentiment: Tesla and SpaceX announced an initial $16.8 billion investment in Terafab, a planned advanced semiconductor facility in Texas. The project could give Tesla greater control over chips needed for Optimus robots, autonomous vehicles and other AI systems, while supporting about 3,000 jobs. Approximately 25% of the compute capacity is expected to support Tesla’s projects, with the remainder targeted toward SpaceX-related AI applications. Reuters Terafab announcement
  • Positive Sentiment: Investors continued to focus on Tesla’s potential to dominate the U.S. robotaxi market, citing its large vehicle fleet, data collection and Full Self-Driving software. Upcoming European FSD authorization votes in October and November could expand subscriptions and reinforce the autonomy growth story. Reasons Tesla could monopolize robotaxis
  • Positive Sentiment: Tesla’s Supercharger network is expected to become available at EVgo stations, improving charging convenience for Tesla owners and potentially increasing the value of its charging ecosystem. Tesla also received support from reported institutional and retail buying, including an increased Czech National Bank position. Superchargers at EVgo stations
  • Neutral Sentiment: SpaceX disclosed roughly $295 million of Tesla Megapack purchases during the second quarter, providing a meaningful related-party demand signal for Tesla’s energy-storage business. However, Terafab is expected to rely on natural-gas power plants rather than Tesla solar systems, limiting the immediate benefit to Tesla’s energy segment. SpaceX Megapack purchases
  • Negative Sentiment: Tesla’s latest quarterly EPS missed expectations despite stronger-than-anticipated revenue, and the stock remains well below its 50-day and 200-day moving averages. At a very high valuation, investors may demand faster earnings growth to justify spending on Terafab, robotaxis and Optimus.
  • Negative Sentiment: Ford’s planned sub-$30,000 Fathom electric pickup could intensify price competition against the Cybertruck. Separately, an FSD user receiving a speeding ticket highlights continuing safety, liability and regulatory risks, while critics argue Tesla’s camera-based autonomy approach may lag systems using lidar. Ford Fathom EV competition

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TSLA shares. Wells Fargo & Company restated an “underweight” rating and set a $130.00 target price (up from $125.00) on shares of Tesla in a report on Tuesday, July 14th. Zacks Research raised shares of Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. William Blair reissued a “market perform” rating on shares of Tesla in a research note on Thursday, July 2nd. Sanford C. Bernstein raised shares of Tesla from an “underperform” rating to an “outperform” rating in a research note on Friday, June 5th. Finally, Barclays increased their target price on shares of Tesla from $360.00 to $370.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $401.74.

View Our Latest Analysis on TSLA

About Tesla

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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