1,466 Shares in Tesla, Inc. $TSLA Bought by Fox Hill Wealth Management

Key Points

• Fox Hill Wealth Management acquired 1,466 Tesla shares worth approximately $617,000 during the second quarter. Institutional investors collectively own 66.2% of Tesla’s stock.
• Analyst views remain mixed: Tesla has a consensus rating of “Hold” and an average price target of $401.74, despite several firms maintaining Buy or Strong Buy ratings.
• Tesla’s latest quarter exceeded revenue expectations but missed on earnings, while the stock’s high valuation and weakening China sales remain key investor concerns. Robotaxi and Full Self-Driving expansion are potential growth catalysts, but regulatory scrutiny adds risk.

Fox Hill Wealth Management acquired a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,466 shares of the electric vehicle producer's stock, valued at approximately $617,000.

Other institutional investors have also bought and sold shares of the company. Chapman Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter worth approximately $26,000. Friedenthal Financial increased its stake in Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of Tesla during the third quarter valued at about $30,000. Texas Capital Bancshares Inc TX bought a new position in shares of Tesla during the 3rd quarter worth about $31,000. Finally, Harborfront Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter worth about $34,000. Institutional investors own 66.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TSLA. DZ Bank raised Tesla from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. Roth Capital reissued a "buy" rating and issued a $505.00 price objective on shares of Tesla in a research note on Thursday, July 23rd. Morgan Stanley restated a "mixed" rating on shares of Tesla in a report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft set a $420.00 target price on Tesla in a research report on Monday, July 27th. Finally, Mizuho set a $450.00 price target on shares of Tesla and gave the company an "outperform" rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, eighteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $401.74.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla 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 sale, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 insiders.

Tesla Stock Performance

Shares of TSLA opened at $367.81 on Thursday. The firm has a market capitalization of $1.45 trillion, a P/E ratio of 340.57, a P/E/G ratio of 18.59 and a beta of 1.84. Tesla, Inc. has a 52 week low of $297.38 and a 52 week high of $498.83. The stock has a 50 day moving average price of $354.87 and a two-hundred day moving average price of $381.84. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). The firm had revenue of $28.24 billion during the quarter, compared to analysts' expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business's revenue for the quarter was up 25.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. Equities analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Cybercab rollout remains the primary bullish catalyst. The company has added 45 vehicles to its Austin fleet, while CEO Elon Musk says the redesigned manufacturing process could produce Cybercabs more than five times faster. Lower operating costs could help Tesla compete with Waymo and Uber if the technology scales. 45 Tesla Cybercabs Are Now Roaming Austin
• Positive Sentiment: Slovenia approved Tesla’s supervised Full Self-Driving system, making it the sixth European country to do so. Investors view the approval as a possible step toward an EU-wide authorization and additional software subscription revenue. A potential European launch of Cybercab is also supporting the long-term growth narrative. Slovenia clears Tesla’s FSD driver assistance
• Positive Sentiment: Goldman Sachs estimates Tesla’s Cybercab could operate at a cost advantage of as much as $0.30 per mile versus rival autonomous vehicles if Tesla reaches its targeted production costs, strengthening the potential economics of a large robotaxi network. Tesla Cybercab Could Beat Waymo on Cost
• Neutral Sentiment: Analysts continue to debate whether Tesla can become a successful robotaxi platform or whether Waymo’s operational experience and sensor-heavy approach give it an advantage. The Cybercab’s early fares have varied widely versus Uber, highlighting that the commercial model is not yet proven. Tesla versus Alphabet’s Waymo
• Negative Sentiment: Tesla’s China sales continue to weaken. August domestic sales declined, and the company is offering cash incentives through September 30, suggesting persistent competitive and demand pressure in the world’s largest EV market. Strong exports provide some offset but do not resolve the underlying weakness. Tesla Sales in China Continue Negative Streak
• Negative Sentiment: Regulatory scrutiny remains a major risk. The National Highway Traffic Safety Administration is examining certification and technical data related to nearly 1,000 driverless Cybercabs, raising questions about Tesla’s ability to expand the service quickly and safely. Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
• Negative Sentiment: Some investors remain bearish because Tesla’s valuation is demanding relative to its modest profitability and slowing core auto business. With a very high earnings multiple, the stock is particularly dependent on successful execution of FSD, robotaxis and other future businesses.

About Tesla

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.

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