Sowell Financial Services LLC Acquires 2,319 Shares of Tesla, Inc. $TSLA

Sowell Financial Services LLC lifted its holdings in Tesla, Inc. (NASDAQ:TSLA) by 7.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 35,065 shares of the electric vehicle producer’s stock after acquiring an additional 2,319 shares during the quarter. Sowell Financial Services LLC’s holdings in Tesla were worth $12,441,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Peirce Capital Management LLC boosted its holdings in Tesla by 1.5% during the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer’s stock worth $697,000 after buying an additional 25 shares in the last quarter. Phillip James Consulting Co. increased its holdings in shares of Tesla by 8.7% in the first quarter. Phillip James Consulting Co. now owns 326 shares of the electric vehicle producer’s stock valued at $121,000 after buying an additional 26 shares in the last quarter. Cadence Wealth Management LLC increased its holdings in shares of Tesla by 4.7% in the first quarter. Cadence Wealth Management LLC now owns 580 shares of the electric vehicle producer’s stock valued at $216,000 after buying an additional 26 shares in the last quarter. Crumly & Associates Inc. increased its holdings in shares of Tesla by 0.6% in the second quarter. Crumly & Associates Inc. now owns 4,698 shares of the electric vehicle producer’s stock valued at $1,976,000 after buying an additional 26 shares in the last quarter. Finally, Brickley Wealth Management lifted its position in shares of Tesla by 3.6% during the 2nd quarter. Brickley Wealth Management now owns 757 shares of the electric vehicle producer’s stock valued at $318,000 after acquiring an additional 26 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 20.00% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TSLA shares. Yorkville Ives started coverage on Tesla in a research note on Wednesday, October 7th. They set an “outperform” rating and a $500.00 price objective for the company. William Blair reaffirmed a “market perform” rating on shares of Tesla in a research report on Thursday, July 2nd. Oppenheimer began coverage on Tesla in a research report on Thursday, October 22nd. They set an “outperform” rating on the stock. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a report on Thursday, October 22nd. Finally, HSBC reiterated a “reduce” rating and issued a $157.00 price target on shares of Tesla in a research report on Monday, October 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, Tesla presently has a consensus rating of “Moderate Buy” and a consensus price target of $414.51.

Tesla Trading Down 0.8%

NASDAQ TSLA opened at $404.22 on Thursday. The firm’s 50 day moving average price is $367.47 and its two-hundred day moving average price is $386.26. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The stock has a market cap of $1.60 trillion, a price-to-earnings ratio of 444.20, a PEG ratio of 23.62 and a beta of 1.92.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. The company had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 earnings per share. Equities analysts anticipate that Tesla, Inc. will post 0.70 EPS for the current year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Barclays upgraded Tesla to Overweight with a $450 price target, arguing that the company’s potential extends beyond a SpaceX merger. Analysts cited electric vehicles, energy storage and Full Self-Driving subscriptions as independent growth drivers. Why Tesla’s Upside Is About More Than a SpaceX Merger
• Positive Sentiment: Optimism around robotaxis continued after Elon Musk said Tesla plans to expand service to Miami and Tampa beaches. ARK Invest also reaffirmed its highly bullish long-term price target, assigning most of Tesla’s projected future value to robotaxis. Elon Musk Says Tesla Robotaxi Expansion
• Positive Sentiment: Tesla’s battery-storage business is showing demand strength, with Megapack systems reportedly nearing a sellout through 2027. A growing battery-passport market could also benefit Tesla’s energy and compliance-related offerings. Tesla Is Nearing a Sellout of Megapack Systems
• Neutral Sentiment: Speculation about a Tesla-SpaceX merger remains a major market driver, but no transaction terms or agreement have been announced. Such a deal could provide strategic benefits while also creating dilution, governance and valuation concerns for Tesla shareholders. Elon Musk Says Merging SpaceX and Tesla Would Be a Good Idea
• Negative Sentiment: Recent positive free cash flow appears driven largely by lower-than-expected capital spending—$4.73 billion versus roughly $7.77 billion expected—rather than improved operations. Operating income reportedly fell 56% to $718 million, underscoring pressure on profitability while Tesla invests heavily in AI, robotaxis and Optimus. Tesla’s Free Cash Flow Just Turned Positive
• Negative Sentiment: Execution and regulatory concerns also weighed on sentiment: 80 Tesla drivers in South Korea reportedly face criminal referrals for unauthorized FSD activation, while commentary questioned the Roadster’s performance and the company’s ability to defend its autonomy lead against Waymo and Chinese rivals. Tesla’s extremely high earnings multiple leaves little room for disappointment. 80 Tesla Drivers Face Criminal Charges in South Korea

Tesla Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.