4,061 Tesla, Inc. $TSLA Shares Sold by Aerodigm Wealth LLC

Aerodigm Wealth LLC lessened its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 85.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 716 shares of the electric vehicle producer's stock after selling 4,061 shares during the period. Aerodigm Wealth LLC's holdings in Tesla were worth $254,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Selective Wealth Management Inc. boosted its position in Tesla by 111.8% in the 3rd quarter. Selective Wealth Management Inc. now owns 1,218 shares of the electric vehicle producer's stock valued at $442,000 after buying an additional 643 shares during the period. Perryman Financial Advisory Inc. AD increased its position in shares of Tesla by 27.5% during the third quarter. Perryman Financial Advisory Inc. AD now owns 5,079 shares of the electric vehicle producer's stock worth $1,802,000 after acquiring an additional 1,095 shares during the period. Shelton Wealth Management LLC increased its position in shares of Tesla by 4.3% during the third quarter. Shelton Wealth Management LLC now owns 5,854 shares of the electric vehicle producer's stock worth $2,077,000 after acquiring an additional 240 shares during the period. Pension & Wealth Management Advisors Inc. raised its stake in shares of Tesla by 84.3% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 597 shares of the electric vehicle producer's stock valued at $212,000 after acquiring an additional 273 shares in the last quarter. Finally, Cornerstone Wealth Advisors Inc. bought a new position in Tesla in the third quarter worth approximately $1,263,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on TSLA. BNP Paribas Exane reduced their price objective on Tesla from $280.00 to $268.00 and set an "underperform" rating on the stock in a report on Thursday, September 24th. JPMorgan Chase & Co. lowered their target price on Tesla from $445.00 to $415.00 and set a "neutral" rating for the company in a report on Monday, September 28th. Oppenheimer reissued a "market perform" rating on shares of Tesla in a research report on Monday, September 21st. Truist Financial set a $370.00 price target on Tesla and gave the stock a "hold" rating in a research report on Thursday, July 23rd. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Tesla in a research note on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $412.33.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company's stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla unveiled its redesigned Roadster with SpaceX-developed compressed-air thrusters that allowed the prototype to briefly hover and perform aerial maneuvers. The demonstration reinforced Tesla’s technology and branding appeal, although the vehicle is positioned as a high-priced, low-volume halo product. Tesla Unveils Flying Roadster
• Positive Sentiment: A U.S. appeals court blocked class-action lawsuits related to Tesla’s self-driving claims, potentially reducing near-term legal exposure. Separately, Slovakia approved Tesla’s self-driving technology, providing a regulatory foothold for its autonomy ambitions. Appeals Court Blocks Self-Driving Class Actions
• Neutral Sentiment: Speculation about a Tesla-SpaceX combination intensified after the Roadster’s SpaceX technology showcase. Prediction-market odds for a merger before March 2027 rose above 50%, but there is no announced transaction, making the potential catalyst highly speculative. Tesla-SpaceX Merger Odds Rise
• Negative Sentiment: The Roadster’s production is not expected until 2028, and key details such as final pricing, certification, and commercial practicality remain unclear. Analysts argued that the spectacle is unlikely to materially improve near-term revenue or earnings, particularly for a company valued at roughly $1.4 trillion. Roadster Hype Cannot Mask Margin and Cash Flow Concerns
• Negative Sentiment: Tesla Energy and Charging chief Mike Snyder reportedly left the company as CEO Elon Musk emphasizes AI, robotics, and autonomy. The leadership change raises questions about Tesla’s commitment to its energy business. Investors are also bracing for third-quarter earnings on October 21 amid expectations for pressure on margins, free cash flow, and earnings estimates. Tesla Energy Chief Reportedly Leaves

Tesla Trading Down 2.1%

Shares of NASDAQ:TSLA opened at $354.72 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The stock has a market cap of $1.40 trillion, a price-to-earnings ratio of 402.71, a PEG ratio of 23.53 and a beta of 1.92. The business has a 50-day moving average price of $359.98 and a 200-day moving average price of $376.90.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm had revenue of $28.24 billion during the quarter, compared to analysts' expectations of $26.42 billion. During the same quarter in the prior year, the company earned $0.33 EPS. Tesla's quarterly revenue was up 25.5% on a year-over-year basis. Equities analysts predict that Tesla, Inc. will post 0.69 EPS for the current year.

About Tesla

Tesla, Inc NASDAQ: TSLA designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla's energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.

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