Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 0.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 655,137 shares of the electric vehicle producer’s stock after buying an additional 1,529 shares during the quarter. Tesla comprises approximately 1.2% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings, making the stock its 13th largest position. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Tesla were worth $243,547,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of TSLA. Networth Advisors LLC purchased a new position in Tesla during the 4th quarter valued at approximately $26,000. Davidson Capital Management Inc. increased its holdings in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla during the 3rd quarter valued at about $30,000. Prism Advisors Inc. purchased a new position in Tesla in the fourth quarter worth about $30,000. Finally, Texas Capital Bancshares Inc TX bought a new stake in Tesla during the third quarter worth approximately $31,000. Institutional investors own 66.20% of the company’s stock.
Tesla Trading Up 0.3%
TSLA stock traded up $1.21 during mid-day trading on Friday, reaching $407.76. The company had a trading volume of 33,333,565 shares, compared to its average volume of 42,504,768. The company has a market capitalization of $1.53 trillion, a PE ratio of 374.09, a price-to-earnings-growth ratio of 14.93 and a beta of 1.80. The firm has a 50 day moving average of $410.46 and a 200 day moving average of $409.23. Tesla, Inc. has a 12 month low of $297.82 and a 12 month high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on TSLA. Zacks Research raised Tesla from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. BNP Paribas Exane lowered Tesla from a “hold” rating to an “underperform” rating in a report on Friday, June 5th. Citigroup assumed coverage on shares of Tesla in a research note on Thursday. They set a “market perform” rating for the company. Guggenheim began coverage on shares of Tesla in a research note on Monday, June 29th. They issued a “neutral” rating on the stock. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Tesla in a research report on Monday, June 1st. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Tesla has a consensus rating of “Hold” and an average target price of $406.87.
Check Out Our Latest Stock Analysis on Tesla
Insiders Place Their Bets
In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction 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. The trade was a 14.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 32,015 shares of company stock worth $12,383,640 in the last three months. Corporate insiders own 19.90% of the company’s stock.
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Tesla’s Q2 2026 deliveries came in at a record 480,126 vehicles, beating expectations and reinforcing that demand remains resilient. Elon Musk Has Mojo Back, As Tesla Quarterly Deliveries Skyrocket
- Positive Sentiment: Tesla gained share in China, and the Model Y reclaimed the country’s best-selling vehicle title in June, helping support the bull case for international growth. Tesla Faces Possible Robotaxi Ban In New Jersey, But It Gains Market Share In China
- Positive Sentiment: UBS raised its price target on Tesla to $442 from $364, while RBC lifted its target to $500, signaling continued Wall Street confidence in the stock’s longer-term upside. Tesla (NASDAQ:TSLA) Given New $442.00 Price Target at UBS Group
- Neutral Sentiment: Analyst commentary remains mixed: Citizens started coverage with a Hold/Market Perform stance, and Zacks trimmed several future EPS estimates even as it raised its FY2026 forecast. Tesla Stock: Citizens Begins Coverage of TSLA with Caution on Physical AI Timeline
- Negative Sentiment: Investors are still worried that Robotaxi and Optimus may take longer to scale, with multiple reports saying the valuation already prices in a faster rollout than the business can currently deliver. The Massive Valuation Risk Keeping Tesla Stock From Breaking Out
- Negative Sentiment: Regulatory risk remains an overhang, including a proposed New Jersey bill that could restrict Tesla’s self-driving efforts because it does not rely on radar and lidar. Tesla Faces Possible Robotaxi Ban In New Jersey, But It Gains Market Share In China
- Negative Sentiment: Legal and governance concerns around Elon Musk and Tesla’s autonomy claims continue to weigh on sentiment, including fresh scrutiny of Musk’s SEC settlement and ongoing lawsuits tied to Autopilot and workplace issues. Elon Musk SEC Settlement Raises ‘Red Flags,’ Judge Says
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.
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