1,659 Tesla, Inc. $TSLA Shares Purchased by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer increased its Tesla position by 1.3% in the third quarter, purchasing 1,659 shares and bringing its holdings to 125,796 shares valued at approximately $44.5 million. Institutional investors own 66.2% of Tesla.
• Tesla reported quarterly EPS of $0.48, slightly above estimates, while revenue of $28.05 billion was essentially in line with expectations and declined 0.2% year over year. Shares opened at $403.82, and analysts maintain a “Moderate Buy” consensus with an average price target of $414.51.
• Tesla faces mixed operating signals: European registrations and robotaxi expansion improved, but intensifying Chinese competition, declining market share and an exceptionally high valuation remain significant risks.

Bank Julius Baer & Co. Ltd Zurich raised its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 1.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 125,796 shares of the electric vehicle producer's stock after buying an additional 1,659 shares during the period. Bank Julius Baer & Co. Ltd Zurich's holdings in Tesla were worth $44,536,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Bamco Inc. NY raised its holdings in Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock worth $5,267,911,000 after purchasing an additional 591,243 shares during the last quarter. One Plus One Wealth Management LLC bought a new position in shares of Tesla in the 2nd quarter valued at about $1,009,000. Bessemer Group Inc. grew its position in shares of Tesla by 23.6% during the 1st quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer's stock worth $20,908,000 after buying an additional 10,747 shares during the period. H&H International Investment LLC acquired a new stake in shares of Tesla during the 1st quarter worth approximately $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Tesla by 12.4% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer's stock worth $15,470,000 after buying an additional 4,806 shares during the period. 66.20% of the stock is owned by institutional investors.

Insider Transactions at Tesla

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

Tesla Trading Up 1.0%

Shares of NASDAQ TSLA opened at $403.82 on Tuesday. 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 443.76, a P/E/G ratio of 25.04 and a beta of 1.92. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The company's fifty day moving average is $370.43 and its 200-day moving average is $385.59.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. The business had revenue of $28.05 billion during the quarter, compared to analysts' expectations of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm's quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 EPS. Equities research analysts predict that Tesla, Inc. will post 0.67 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. TD Cowen initiated coverage on shares of Tesla in a report on Monday, October 26th. They issued a "hold" rating on the stock. HSBC reaffirmed a "reduce" rating and set a $157.00 target price on shares of Tesla in a report on Monday, October 5th. Jefferies Financial Group upgraded shares of Tesla from a "hold" rating to a "buy" rating in a research report on Monday, October 26th. Oppenheimer assumed coverage on shares of Tesla in a research report on Thursday, October 22nd. They set an "outperform" rating for the company. Finally, Mizuho increased their price target on Tesla from $450.00 to $460.00 and gave the company an "outperform" rating in a research note on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $414.51.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded sharply. October registrations rose 248% year over year in Sweden, 131% in Norway, 34% in Denmark, 186.1% in Portugal and 94% in Italy. The data suggest Tesla’s sales decline in Europe may be stabilizing, although comparisons may benefit from a weak prior-year period. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Robotaxi expansion strengthened Tesla’s long-term growth narrative. Tesla’s Texas robotaxi fleet reportedly reached 1,244 vehicles, nearly matching Waymo, while planned expansion into additional cities and Nevada approvals could increase recurring, software-related revenue. Analysts also highlighted Tesla’s potential cost advantage over Waymo vehicles. Tesla's 128% Robotaxi Surge Puts It Just 15 Cars Behind Waymo
• Positive Sentiment: Commercial vehicle demand provided another potential catalyst. A shipper alliance placed an order for 2,500 Tesla Semi trucks, potentially improving production scale and validating Tesla’s position in electric freight. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: SpaceX merger speculation remained a major valuation wildcard. Analysts modeled potential reactions to an all-stock combination, while investor Gary Black warned that large, complex transactions can pressure the acquiring company’s shares. Any deal could add exposure to SpaceX’s growth but also create dilution, governance and execution risks. Analyst models potential market reaction to a SpaceX-Tesla all-stock merger
• Negative Sentiment: China competition continued to worsen. BYD, Xiaomi and XPeng reported strong October sales, while Tesla is relying more heavily on Shanghai exports. This raises concerns about pricing pressure, local market share and Tesla’s ability to sustain growth in its most important production hub. Tesla's China Problem Gets Harder to Ignore
• Negative Sentiment: Valuation and market-share risks remain substantial. Investor Gary Black said Tesla’s U.S. EV share has fallen sharply and called for better marketing. With Tesla trading at an exceptionally high earnings multiple, further share losses or delays in autonomy monetization could weigh on the stock. Gary Black warns Tesla needs better marketing

About Tesla

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.

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).

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.