2,116 Tesla, Inc. $TSLA Shares Sold by Five Oceans Advisors

Five Oceans Advisors lessened its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 43.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,720 shares of the electric vehicle producer's stock after selling 2,116 shares during the period. Five Oceans Advisors' holdings in Tesla were worth $965,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. SeaCrest Wealth Management LLC lifted its position in shares of Tesla by 1.8% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 18,192 shares of the electric vehicle producer's stock valued at $6,455,000 after acquiring an additional 314 shares in the last quarter. NBT Bank N.A. acquired a new stake in shares of Tesla during the third quarter worth approximately $402,000. Root Financial Partners LLC boosted its holdings in shares of Tesla by 11.2% during the third quarter. Root Financial Partners LLC now owns 24,769 shares of the electric vehicle producer's stock worth $8,788,000 after purchasing an additional 2,497 shares during the period. Carter Financial Group INC. grew its position in Tesla by 17.1% during the third quarter. Carter Financial Group INC. now owns 6,343 shares of the electric vehicle producer's stock valued at $2,251,000 after purchasing an additional 928 shares in the last quarter. Finally, JSF Financial LLC grew its position in Tesla by 5.2% during the third quarter. JSF Financial LLC now owns 3,063 shares of the electric vehicle producer's stock valued at $1,087,000 after purchasing an additional 151 shares in the last quarter. Institutional investors own 66.20% of the company's stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla beat third-quarter adjusted earnings expectations, reporting $0.48 per share versus the $0.45 consensus estimate, and generated approximately $1.5 billion in positive free cash flow. Tesla Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Paid Full Self-Driving adoption exceeded 75% of North American deliveries, with subscriptions increasing 67% year over year. Investors view FSD, robotaxis, Optimus robots, and Megapack energy storage as potential long-term growth engines. Tesla’s FSD Subscriptions Surge
• Positive Sentiment: European sales reportedly strengthened, while Tesla is expanding its Cybercab robotaxi program beyond Austin and developing AI-based mapping from fleet data. These developments support the company’s autonomy narrative, although commercialization remains early. Tesla Europe Sales Surge
• Neutral Sentiment: Elon Musk called a SpaceX-Tesla merger a “good idea,” and both companies reportedly formed special committees to study a combination. Potential benefits include shared work in AI, chips, robotics, connectivity, and energy, but no transaction is certain. SpaceX-Tesla Merger Chatter
• Neutral Sentiment: Analysts remain divided: Morgan Stanley raised its target to $410 with an equal-weight rating, while RBC maintained an outperform rating and a $480 target. Bullish forecasts depend heavily on successful autonomy and robotics execution.
• Negative Sentiment: Revenue was essentially flat year over year at about $28 billion, automotive revenue fell 3%, energy-generation and storage revenue declined 16%, and GAAP operating income dropped 56%. Refunds and other factors also clouded the reported margin improvement. Tesla Automotive and Energy Revenue Results
• Negative Sentiment: Tesla reduced its 2026 capital-expenditure outlook from more than $25 billion to approximately $20 billion after third-quarter spending trailed expectations. Investors worry the pullback could delay AI, robotics, and robotaxi ambitions. Tesla Spending Pullback
• Negative Sentiment: Tesla will refund Cybertruck deposits in Australia and New Zealand, signaling reduced regional ambitions for the troubled vehicle. Regulatory scrutiny of the Cybercab and delays in unsupervised FSD add further execution risk.
• Negative Sentiment: The broader Nasdaq sell-off, renewed doubts about AI spending returns, higher oil prices, and geopolitical tensions have pressured high-valuation technology stocks, including TSLA.

Wall Street Analyst Weigh In

TSLA has been the subject of a number of research analyst reports. Cantor Fitzgerald reiterated an "overweight" rating and issued a $485.00 target price on shares of Tesla in a research report on Monday. UBS Group reiterated a "neutral" rating and set a $425.00 price objective (up from $391.00) on shares of Tesla in a report on Thursday. Deutsche Bank Aktiengesellschaft set a $420.00 price objective on Tesla in a research report on Monday, July 27th. Piper Sandler restated an "overweight" rating and issued a $475.00 target price (up from $450.00) on shares of Tesla in a research note on Thursday. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, twenty have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $408.61.

Insider Activity at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the firm'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 completion of the sale, the chief financial officer owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company's stock.

Tesla Stock Down 0.6%

NASDAQ TSLA opened at $372.22 on Friday. 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 $1.47 trillion, a PE ratio of 409.04, a PEG ratio of 23.78 and a beta of 1.92. The firm has a 50-day simple moving average of $364.01 and a 200 day simple moving average of $377.22. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.74.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The firm had revenue of $28.05 billion for the quarter, compared to analyst estimates of $28.06 billion. During the same period in the previous year, the company posted $0.50 earnings per share. The company's quarterly revenue was down .2% compared to the same quarter last year. On average, research analysts forecast that Tesla, Inc. will post 0.71 EPS for the current year.

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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