Hodges Capital Management Inc. Purchases 5,872 Shares of Tesla, Inc. $TSLA

Hodges Capital Management Inc. boosted its position in Tesla, Inc. (NASDAQ:TSLA) by 17.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,928 shares of the electric vehicle producer’s stock after buying an additional 5,872 shares during the quarter. Tesla makes up about 1.5% of Hodges Capital Management Inc.’s holdings, making the stock its 16th biggest position. Hodges Capital Management Inc.’s holdings in Tesla were worth $17,757,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TSLA. First National Bank of Omaha acquired a new stake in shares of Tesla in the third quarter valued at about $5,526,000. Axxcess Wealth Management LLC boosted its stake in Tesla by 0.9% during the 3rd quarter. Axxcess Wealth Management LLC now owns 64,883 shares of the electric vehicle producer’s stock valued at $28,517,000 after purchasing an additional 564 shares during the period. Maridea Wealth Management LLC grew its holdings in Tesla by 30.5% in the 3rd quarter. Maridea Wealth Management LLC now owns 10,032 shares of the electric vehicle producer’s stock valued at $4,489,000 after buying an additional 2,344 shares during the last quarter. Luts & Greenleigh Group Inc. increased its position in Tesla by 1.2% in the 3rd quarter. Luts & Greenleigh Group Inc. now owns 2,265 shares of the electric vehicle producer’s stock worth $1,007,000 after buying an additional 27 shares during the period. Finally, BBR Partners LLC boosted its position in shares of Tesla by 13.1% in the third quarter. BBR Partners LLC now owns 1,059 shares of the electric vehicle producer’s stock valued at $471,000 after acquiring an additional 123 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 119,457 shares of company stock worth $53,501,145. Insiders own 19.90% of the company’s stock.

Tesla Stock Performance

Tesla stock opened at $410.63 on Wednesday. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The stock has a fifty day moving average price of $443.10 and a two-hundred day moving average price of $416.88. The firm has a market capitalization of $1.54 trillion, a P/E ratio of 380.21, a P/E/G ratio of 14.69 and a beta of 1.86.

Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.73 EPS. As a group, analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Rollout of xAI’s Grok assistant to European vehicles expands Tesla’s in‑car AI feature set—could support user engagement and upsell opportunities. Tesla (TSLA) Stock Inches Higher as Grok AI Expands to European Markets
• Positive Sentiment: Elon Musk reaffirms Cybercab production starting in April (no pedals/steering) — a concrete step toward the robotaxi vision that underpins long‑term upside for TSLA’s autonomy strategy. Musk Reaffirms Tesla ‘Cybercab Starts Production in April’
• Positive Sentiment: Some analysts highlight AI and robotics as the primary growth drivers, supporting bullish long‑term narratives and occasional buy ratings/price targets. Tesla’s (TSLA) Growth Outlook Hinges on AI, Not Just EV Sales
• Neutral Sentiment: Tesla ended the one‑time FSD purchase option — this shifts more buyers to subscription or deferred revenue models; could stabilize recurring revenue but may reduce up‑front cash flows. Tesla pulls the plug on one-time purchases of FSD
• Neutral Sentiment: Large ongoing investments (reported multi‑billion commitments to autonomy/robotics and xAI) keep optionality high but raise near‑term capital intensity and margin pressure. Tesla Makes Its Largest Investment Bet Yet in Its Own Vision
• Negative Sentiment: Reports of 14 robotaxi crashes in Austin and a separate FSD incident (car reportedly steered toward a lake) raise safety and regulatory concerns that could slow deployments and invite scrutiny. Is a Tesla Robotaxi Actually More Likely to Crash than a Human?
• Negative Sentiment: European regulatory probes into xAI/Grok create legal and deployment risk for Tesla’s in‑car AI features in key markets. Tesla adding Grok AI chatbot to its cars in the UK, Europe amid regulatory probes
• Negative Sentiment: Labor tensions in Germany escalated as IG Metall filed a criminal complaint against a factory manager—another sign of strained relations that could disrupt European operations or invite political scrutiny. German union files defamation complaint against Tesla factory manager

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Bank of America boosted their target price on shares of Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. New Street Research boosted their price objective on shares of Tesla from $520.00 to $600.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $510.00 target price on shares of Tesla in a research note on Thursday, January 29th. The Goldman Sachs Group restated a “neutral” rating and set a $405.00 price target on shares of Tesla in a research note on Thursday, January 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a research report on Tuesday, January 27th. Eighteen equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Tesla currently has an average rating of “Hold” and a consensus target price of $408.09.

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.