Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 323,439 shares of the electric vehicle producer’s stock after buying an additional 13,502 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Tesla were worth $145,457,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the business. EagleClaw Capital Managment LLC acquired a new stake in shares of Tesla in the 4th quarter valued at approximately $225,000. Intech Investment Management LLC boosted its holdings in shares of Tesla by 14.4% in the 4th quarter. Intech Investment Management LLC now owns 333,496 shares of the electric vehicle producer’s stock valued at $149,980,000 after buying an additional 41,982 shares during the last quarter. Newport Capital Group LLC boosted its holdings in shares of Tesla by 214.7% in the 4th quarter. Newport Capital Group LLC now owns 2,250 shares of the electric vehicle producer’s stock valued at $1,012,000 after buying an additional 1,535 shares during the last quarter. Houlihan Financial Resource Group Ltd. boosted its holdings in shares of Tesla by 5.1% in the 4th quarter. Houlihan Financial Resource Group Ltd. now owns 1,040 shares of the electric vehicle producer’s stock valued at $449,000 after buying an additional 50 shares during the last quarter. Finally, Novak & Powell Financial Services Inc. boosted its holdings in shares of Tesla by 13.8% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 1,649 shares of the electric vehicle producer’s stock valued at $742,000 after buying an additional 200 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. Zacks Research raised Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Tesla in a research note on Wednesday, April 22nd. Morgan Stanley set a $415.00 target price on shares of Tesla and gave the company an “equal weight” rating in a research note on Thursday, January 29th. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a research note on Thursday, January 29th. Finally, President Capital raised their target price on shares of Tesla from $424.00 to $428.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $395.20.
Tesla News Roundup
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s European sales rebound is providing tangible evidence of improving EV demand and helping restore confidence in the core auto business.
- Positive Sentiment: Approval of Full Self-Driving (Supervised) in Lithuania supports the long-term autonomous-driving narrative and signals continued regulatory expansion in Europe.
- Positive Sentiment: Investor enthusiasm around robotaxi, AI, and Optimus remains a major sentiment tailwind for TSLA, even before new product details are fully released.
- Neutral Sentiment: Reports and commentary about a possible Tesla-SpaceX merger are generating speculation, but the idea is still unconfirmed and mostly affects sentiment rather than current fundamentals.
- Negative Sentiment: Analysts warn that Tesla’s Terafab chip project and broader AI ambitions face execution risks, including talent shortages and tight timelines.
- Negative Sentiment: Some coverage also highlights concerns about insider selling, valuation, and the company’s dependence on future AI monetization to justify the stock’s premium.
Insiders Place Their Bets
In other news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,482 shares of company stock valued at $21,508,331 in the last three months. Insiders own 19.90% of the company’s stock.
Tesla Trading Up 0.4%
Shares of TSLA stock opened at $442.10 on Friday. Tesla, Inc. has a 12-month low of $273.21 and a 12-month high of $498.83. The company has a market capitalization of $1.66 trillion, a PE ratio of 405.60, a price-to-earnings-growth ratio of 17.39 and a beta of 1.79. The firm has a 50 day moving average price of $390.98 and a two-hundred day moving average price of $416.27. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09.
Tesla (NASDAQ:TSLA – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the previous year, the company posted $0.27 earnings per share. The business’s revenue was up 15.8% on a year-over-year basis. As a group, analysts predict that Tesla, Inc. will post 1.2 earnings per share for the current year.
Tesla Company 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.
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