5,147 Shares in Tesla, Inc. $TSLA Purchased by Fideuram Intesa Sanpaolo Private Banking S.P.A.

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 5,147 shares of the electric vehicle producer’s stock, valued at approximately $2,315,000.

Other hedge funds also recently bought and sold shares of the company. Networth Advisors LLC acquired a new stake in Tesla in the 4th quarter valued at about $26,000. Chapman Financial Group LLC acquired a new stake in Tesla in the 2nd quarter valued at about $26,000. Davidson Capital Management Inc. raised its position in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares in the last quarter. Prism Advisors Inc. acquired a new stake in Tesla in the 4th quarter valued at about $30,000. Finally, Turning Point Benefit Group Inc. acquired a new stake in Tesla in the 3rd quarter valued at about $30,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Full Self-Driving software is expanding in Europe, with Lithuania becoming the second European country to approve it, reinforcing the company’s push to be viewed as an AI and robotics platform rather than just an automaker. Tesla’s Full Self-Driving software is creeping into Europe
• Positive Sentiment: Shares are getting support from investor interest in Tesla’s long-term autonomy and robotics optionality, including reports that Paul Tudor Jones boosted his TSLA stake and ARK Invest bought more Tesla alongside other AI/flying-taxi names. As Tesla Leans Into AI Pivot, Billionaire Paul Tudor Jones Just Raised His TSLA Stake by 9X
• Neutral Sentiment: SpaceX’s long-awaited IPO filing is dominating the Musk narrative and could create a new public-market destination for investors who want exposure to Elon Musk, including Tesla’s roughly 19 million SpaceX shares, but the direct impact on TSLA is still uncertain. SpaceX IPO Filing Finally Comes. Mars, Musk, and More Big Things to Watch.
• Neutral Sentiment: Analysts and commentators continue debating whether Tesla’s recent move is a technical rebound or a larger trend reversal, with chart watchers pointing to a possible hammer pattern after recent weakness. Stock Of The Day: Did Tesla Reverse?
• Negative Sentiment: TSLA is still facing valuation pressure after recent selling tied to higher Model Y prices, capex concerns, and the idea that SpaceX’s IPO could siphon investor capital away from Tesla. Tesla stock slumps over 3% to sink below $400: what happened?

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TSLA shares. Wedbush reaffirmed an “outperform” rating and issued a $600.00 price target on shares of Tesla in a research report on Tuesday, April 21st. Jefferies Financial Group reaffirmed a “neutral” rating on shares of Tesla in a research report on Wednesday, April 22nd. Barclays reaffirmed a “neutral” rating on shares of Tesla in a research report on Wednesday, May 13th. Canaccord Genuity Group increased their price target on Tesla from $420.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Robert W. Baird cut their target price on Tesla from $538.00 to $522.00 and set an “outperform” rating on the stock in a research report on Friday, April 24th. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $395.20.

Tesla Price Performance

Shares of NASDAQ TSLA opened at $417.26 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla, Inc. has a fifty-two week low of $273.21 and a fifty-two week high of $498.83. The firm has a market capitalization of $1.57 trillion, a PE ratio of 382.81, a price-to-earnings-growth ratio of 15.96 and a beta of 1.79. The stock’s 50-day simple moving average is $387.02 and its 200-day simple moving average is $417.12.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the company earned $0.27 EPS. The business’s quarterly revenue was up 15.8% on a year-over-year basis. As a group, equities research analysts forecast that Tesla, Inc. will post 1.2 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 the firm’s stock in a transaction that occurred 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 transaction, the director owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 83,213 shares of company stock worth $32,201,105 in the last 90 days. 19.90% of the stock is currently owned by company insiders.

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.