1,895 Tesla, Inc. $TSLA Shares Purchased by Watershed Private Wealth LLC

Key Points

• Watershed Private Wealth increased its Tesla stake by 26.9% in the third quarter, purchasing 1,895 shares and bringing its position to 8,932 shares, valued at about $3.17 million.
• Institutional investors and hedge funds own 66.2% of Tesla’s shares; other firms also reported significant position changes.
• Tesla narrowly beat quarterly EPS estimates at $0.48, but revenue of $28.05 billion was slightly below forecasts and down 0.2% year over year. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $414.51.

Watershed Private Wealth LLC raised its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 26.9% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 8,932 shares of the electric vehicle producer's stock after buying an additional 1,895 shares during the period. Tesla comprises approximately 0.8% of Watershed Private Wealth LLC's holdings, making the stock its 28th largest holding. Watershed Private Wealth LLC's holdings in Tesla were worth $3,169,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Legal & General Group Plc acquired a new position in shares of Tesla during the second quarter valued at $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in Tesla in the second quarter worth about $6,083,630,000. Deutsche Bank AG bought a new stake in Tesla during the 2nd quarter worth about $4,039,090,000. Canada Pension Plan Investment Board bought a new stake in Tesla during the 2nd quarter worth about $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Tesla during the 2nd quarter worth about $2,995,584,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European registrations rebounded. October registrations rose sharply in several Northern European markets, including 248% year over year in Sweden and 131% in Norway, alongside gains in other European countries. The data may support hopes of a sales recovery. Tesla registrations surge across Northern Europe in October
• Positive Sentiment: Substantial electric-truck demand: a shipper alliance reportedly ordered 2,500 Tesla Semi trucks, a potentially meaningful commercial opportunity if deliveries and adoption follow through. Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight
• Neutral Sentiment: Robotaxi expansion: Tesla’s service is set to reach Fort Worth, extending its footprint. The longer-term stock impact depends on customer uptake, operating economics and regulatory progress. Robotaxi Service Hits Fort Worth
• Negative Sentiment: China sales data were mixed, with a concerning sequential trend. China-made EV sales increased 10.3% year over year in October, but wholesale sales fell from September to their second-lowest level of 2026, raising concerns about demand and competition in a key market. Tesla's China Wholesale Sales Sink Sequentially in October
• Negative Sentiment: South Korean consumer group alleges Tesla misled customers about its automated-driving technology. The claim could bring reputational or regulatory risk; it is an allegation, not a reported finding. Tesla misled South Korean customers, consumer group alleges

Wall Street Analysts Forecast Growth

TSLA has been the topic of several recent research reports. Yorkville Ives began coverage on shares of Tesla in a research note on Wednesday, October 7th. They issued an "outperform" rating and a $500.00 target price on the stock. Jefferies Financial Group raised shares of Tesla from a "hold" rating to a "buy" rating in a research note on Monday, October 26th. Glj Research restated a "sell" rating on shares of Tesla in a report on Thursday, October 22nd. Tigress Financial initiated coverage on shares of Tesla in a research note on Thursday, October 22nd. They issued a "buy" rating on the stock. Finally, JPMorgan Chase & Co. lifted their target price on shares of Tesla from $415.00 to $430.00 and gave the stock a "neutral" rating in a report on Thursday, October 22nd. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $414.51.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares of the company's stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a legal filing 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. 20.00% of the stock is owned by insiders.

Tesla Price Performance

Shares of TSLA opened at $398.50 on Wednesday. The company has a current ratio of 1.74, a quick ratio of 1.39 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The stock has a market cap of $1.58 trillion, a P/E ratio of 437.92, a price-to-earnings-growth ratio of 25.01 and a beta of 1.74. The stock's 50-day moving average price is $371.42 and its two-hundred day moving average price is $385.39.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company earned $0.50 EPS. On average, equities analysts predict that Tesla, Inc. will post 0.67 earnings per share for the current year.

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.

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