19,400 Tesla, Inc. $TSLA Shares Bought by Aware Super Pty Ltd as trustee of Aware Super

Key Points

• Aware Super increased its Tesla stake by 6.7% in the third quarter, buying 19,400 shares to own 309,930 shares worth approximately $110 million. Tesla represents 1.5% of the fund’s portfolio, while institutional investors collectively own 66.2% of the stock.
• Tesla’s CFO sold 2,606 shares for about $938,500 to cover tax-withholding obligations tied to vested equity awards. Insiders still own approximately 20% of the company.
• Analyst sentiment remains cautiously positive, with a consensus “Moderate Buy” rating and an average price target of $414.51. Tesla reported quarterly EPS of $0.48, slightly above estimates, but revenue fell 0.2% year over year and the stock continues to trade at a very high earnings multiple.

Aware Super Pty Ltd as trustee of Aware Super raised its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 6.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 309,930 shares of the electric vehicle producer's stock after acquiring an additional 19,400 shares during the quarter. Tesla makes up 1.5% of Aware Super Pty Ltd as trustee of Aware Super's portfolio, making the stock its 11th biggest holding. Aware Super Pty Ltd as trustee of Aware Super's holdings in Tesla were worth $109,966,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in TSLA. State Street Corp raised its stake in Tesla by 2.4% in the 2nd quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer's stock valued at $49,402,312,000 after purchasing an additional 2,761,298 shares during the last quarter. Amundi lifted its holdings in Tesla by 14.0% in the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer's stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares in the last quarter. Legal & General Group Plc acquired a new stake in shares of Tesla during the 2nd quarter worth about $8,535,612,000. Bank of New York Mellon Corp acquired a new stake in shares of Tesla during the 2nd quarter worth about $6,083,630,000. Finally, Bamco Inc. NY grew its holdings in shares of Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock worth $5,267,911,000 after buying an additional 591,243 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction 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 completion of the sale, the chief financial officer directly owned 25,972 shares of the company's stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on TSLA shares. TD Cowen initiated coverage on shares of Tesla in a research report on Monday, October 26th. They issued a "hold" rating for the company. Citizens Jmp started coverage on shares of Tesla in a research report on Thursday, July 9th. They set a "market perform" rating on the stock. KeyCorp upgraded shares of Tesla to a "sector weight" rating in a research report on Monday, September 28th. Oppenheimer initiated coverage on shares of Tesla in a research note on Thursday, October 22nd. They issued an "outperform" rating for the company. Finally, DZ Bank raised Tesla from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $414.51.

Tesla Price Performance

TSLA opened at $403.82 on Tuesday. The company's 50 day simple moving average is $370.43 and its 200 day simple moving average is $385.59. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The stock has a market capitalization of $1.60 trillion, a PE ratio of 443.76, a P/E/G ratio of 25.04 and a beta of 1.92.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The firm had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. During the same period in the previous year, the firm earned $0.50 earnings per share. Tesla's revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts expect that Tesla, Inc. will post 0.67 EPS for the current year.

Tesla News Roundup

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

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.

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