112,598 Tesla, Inc. $TSLA Shares Purchased by Hyperion Asset Management Ltd

Key Points

• Hyperion Asset Management increased its Tesla stake by 9.2%, purchasing 112,598 shares to hold 1.34 million shares valued at approximately $475.7 million. Tesla now represents 13% of Hyperion’s portfolio, while institutional investors collectively own 66.2% of the stock.
• Tesla faces a mixed outlook ahead of earnings: deliveries reportedly exceeded expectations, but analysts remain concerned about weaker demand in China, pricing pressure and declining profitability. The company’s consensus analyst rating is Hold, with an average price target of $415.07.
• CFO Vaibhav Taneja sold 2,606 shares worth about $938,499 to cover tax obligations related to vested equity awards, reducing his ownership by 9.12%. Meanwhile, investors are monitoring Tesla’s potential combination with SpaceX and its longer-term AI, robotics and chip-production ambitions.

Hyperion Asset Management Ltd boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 9.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,340,736 shares of the electric vehicle producer's stock after buying an additional 112,598 shares during the quarter. Tesla comprises 13.0% of Hyperion Asset Management Ltd's portfolio, making the stock its biggest holding. Hyperion Asset Management Ltd's holdings in Tesla were worth $475,707,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Legal & General Group Plc acquired a new position in shares of Tesla in the second quarter valued at $8,535,612,000. Bank of New York Mellon Corp bought a new position in shares of Tesla during the second quarter valued at $6,083,630,000. Deutsche Bank AG bought a new stake in shares of Tesla in the 2nd quarter worth about $4,039,090,000. Canada Pension Plan Investment Board acquired a new position in Tesla in the second quarter valued at about $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Tesla in the 2nd quarter worth approximately $2,995,584,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Transactions at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by company insiders.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Merger discussions became more concrete. Tesla and SpaceX formed independent special committees to evaluate a potential combination at shareholders’ request. Elon Musk cautioned that a deal is not guaranteed and would require negotiations and shareholder approval, but investors viewed the formal review as a meaningful step toward combining Tesla’s robotics and autonomy efforts with SpaceX’s satellite, AI and infrastructure businesses. Reuters merger and Terafab report
• Positive Sentiment: Long-term AI and chip ambitions added to the bullish narrative. Musk said the planned Tesla-SpaceX “Terafab” is targeting volume chip production in 2028. The project could eventually support Tesla’s autonomy, robotics and AI-computing goals, although it remains a distant and capital-intensive opportunity. SpaceX and Tesla Terafab article
• Positive Sentiment: Deliveries exceeded expectations. Tesla delivered 486,532 vehicles in the third quarter, reportedly 5.3% above forecasts. A Cantor analyst also raised revenue estimates and maintained a $485 price target, citing deliveries and Tesla’s AI initiatives. Options positioning similarly suggested traders expect further upside after earnings. Tesla Q3 delivery report
• Neutral Sentiment: Earnings are the next major catalyst. Tesla is scheduled to report after Wednesday’s close. Analysts generally expect revenue to be roughly flat or slightly lower year over year and EPS to decline, with investors watching automotive margins, free cash flow, pricing and management’s comments on Cybercab, robotaxis and Optimus. Tesla Q3 preview
• Negative Sentiment: Underlying demand and profitability remain concerns. China-made Tesla vehicle sales rose because exports increased 58%, while domestic sales fell 9%, highlighting competitive and pricing pressure. Analysts also expect lower quarterly profits, and the Roadster’s limited production potential and unresolved regulatory hurdles make it unlikely to materially improve near-term earnings. Tesla Roadster analysis

Tesla Stock Performance

NASDAQ TSLA opened at $373.71 on Wednesday. The firm has a market capitalization of $1.48 trillion, a P/E ratio of 346.03, a price-to-earnings-growth ratio of 23.37 and a beta of 1.92. The firm's fifty day moving average price is $361.54 and its two-hundred day moving average price is $376.97. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. 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 (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. During the same period in the previous year, the business earned $0.33 earnings per share. The business's quarterly revenue was up 25.5% on a year-over-year basis. As a group, research analysts anticipate that Tesla, Inc. will post 0.71 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. William Blair restated a "market perform" rating on shares of Tesla in a research note on Thursday, July 2nd. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research note on Thursday, July 23rd. Wells Fargo & Company reiterated a "buy" rating on shares of Tesla in a research report on Thursday, October 1st. Barclays raised Tesla from a "negative" rating to an "outperform" rating in a research note on Monday. Finally, BNP Paribas Exane lowered their target price on shares of Tesla from $280.00 to $268.00 and set an "underperform" rating for the company in a research note on Thursday, September 24th. One research analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, sixteen have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $415.07.

Tesla Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.