The Manufacturers Life Insurance Company Decreases Stock Position in Tesla, Inc. $TSLA

The Manufacturers Life Insurance Company lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 7.8% in the 1st quarter, Holdings Channel reports. The firm owned 2,253,897 shares of the electric vehicle producer’s stock after selling 189,753 shares during the period. Tesla makes up 0.7% of The Manufacturers Life Insurance Company’s investment portfolio, making the stock its 20th largest holding. The Manufacturers Life Insurance Company’s holdings in Tesla were worth $837,881,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. PFS Partners LLC boosted its stake in Tesla by 4.2% during the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer’s stock valued at $265,000 after buying an additional 24 shares during the last quarter. Woodmont Investment Counsel LLC increased its stake in Tesla by 1.2% in the 4th quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer’s stock worth $955,000 after acquiring an additional 25 shares during the last quarter. Aspect Partners LLC raised its holdings in shares of Tesla by 12.5% during the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer’s stock worth $101,000 after acquiring an additional 25 shares in the last quarter. Human Investing LLC boosted its position in shares of Tesla by 4.5% during the 4th quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer’s stock valued at $260,000 after acquiring an additional 25 shares during the last quarter. Finally, SilverOak Wealth Management LLC grew its holdings in shares of Tesla by 2.3% in the fourth quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer’s stock valued at $502,000 after purchasing an additional 25 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Tesla Trading Down 1.2%

Shares of TSLA opened at $309.23 on Tuesday. The company’s fifty day simple moving average is $398.72 and its 200-day simple moving average is $401.32. The company has a market cap of $1.16 trillion, a P/E ratio of 286.33, a P/E/G ratio of 10.80 and a beta of 1.80. 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, Inc. has a twelve month low of $297.82 and a twelve month high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm had revenue of $28.24 billion for the quarter, compared to analysts’ expectations of $26.42 billion. During the same period in the prior year, the firm posted $0.33 earnings per share. Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. As a group, analysts expect that Tesla, Inc. will post 1.33 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TSLA shares. TD Cowen restated a “buy” rating and issued a $460.00 price target (down from $490.00) on shares of Tesla in a research report on Thursday. William Blair restated a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. Jefferies Financial Group set a $400.00 target price on shares of Tesla and gave the company a “hold” rating in a research report on Monday, July 13th. HSBC reaffirmed a “hold” rating on shares of Tesla in a report on Monday, June 15th. Finally, Canaccord Genuity Group set a $410.00 price objective on Tesla and gave the stock a “buy” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $402.24.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: AI infrastructure win: CEO Elon Musk said Micron has provided Tesla with a “very significant allocation” of memory chips on reasonable terms and plans to expand capacity for the automaker. Reliable access to memory could support Tesla’s AI, robotaxi and data-center ambitions, although the financial payoff remains uncertain. Elon Musk Just Revealed a Quiet Win for Tesla’s AI Ambitions
• Positive Sentiment: UK 5G patent case revived: Tesla won an appeal allowing its lawsuit against InterDigital and a licensing platform to proceed, potentially improving its position in securing technology licenses for connected vehicles in Britain. The ruling is strategically favorable but does not provide an immediate earnings benefit. Tesla wins bid to revive UK lawsuit for 5G patents licence
• Neutral Sentiment: AI and tech-stock rotation: Investors have been selling leading technology shares despite strong revenue results, reflecting skepticism about heavy AI investment and elevated valuations. This broader risk-off rotation is adding volatility to TSLA, even as analysts debate whether its AI spending will ultimately produce sufficient returns. Investors Have Been Giving Tech Stocks a Hard Time Lately, Despite Strong Earnings
• Negative Sentiment: Weak Q2 profitability remains the central issue: Tesla reported approximately $400 million in operating profit, well below the roughly $1.7 billion expected, while EPS missed consensus. Higher capital expenditures, tighter margins and reduced confidence in near-term robotaxi contributions have led to continued post-earnings selling. Tesla Stock Just Erased a Year of Gains. Nothing Seems to Help.
• Negative Sentiment: Valuation and execution concerns: Commentary from several analysts argues that Tesla’s valuation still assumes successful future AI, robotics and autonomous-driving businesses, while electric vehicles remain its primary, lower-margin business. Downgrades and bearish forecasts have intensified as the stock trades at a very high earnings multiple. Tesla Is Still Overvalued After Its Post-Earnings Drop
• Negative Sentiment: Competitive pressure is rising: Ford and General Motors have recently received more favorable profit and cash-flow assessments, making Tesla’s weaker earnings outlook stand out within the auto industry. Technical analysts also identify additional downside risk if recent support levels fail. Forget Tesla: These 2 Earnings Reports Reveal Where the Auto Market Is Heading

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 3,000 shares of the business’s 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 transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. The trade was a 14.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 the 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 completion of the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,015 shares of company stock valued at $12,383,640 in the last 90 days. Company insiders own 19.90% of the company’s stock.

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.